One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More
Joel Greenblatt: Picasso at a Yard Sale: Investing in Unexpected Places
In this interview with The Knowledge Project, Joel Greenblatt discusses the importance of finding investment opportunities in unexpected places, drawing inspiration from his in-laws who scored paintings at off-the-beaten-path auctions. It’s not about predicting the next Picasso, but finding undervalued gems where others haven’t looked. Their success came from: Looking … Read More
Joel Greenblatt: Why Brilliant Investors Need to Listen: The Power of Collaborative Challenge
During this interview with RWH, Joel Greenblatt discusses the dangers of brilliant investors becoming isolated and ignoring feedback. He and his business partner Rob are a successful investment team due to their complementary skills and willingness to challenge each other’s ideas. Here’s an excerpt from the interview: Greenblatt: I think … Read More
Joel Greenblatt – Top 10 Holdings – Latest 13F
One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More
Joel Greenblatt: Seeking Value, Minimizing Risk, A Strategic Approach to Stock Selection
In this interview with Satovsky Asset Management, Joel Greenblatt discusses how to find value, minimizing risk, and his strategic approach to stock selection. Here’s an excerpt from the interview: Greenblatt: Yeah usually when things go bad I hide under my desk, that’s me no. I would just say I’m human … Read More
Joel Greenblatt: The Pitfalls of Market-Cap-Weighting
In his book The Big Secret for the Small Investor, Joel Greenblatt explains how market-cap-weighting guarantees an imbalanced portfolio, favoring overpriced stocks and neglecting bargain-priced ones, regardless of whether one can identify specific mispriced stocks or not. Here’s an excerpt from the book: Remember, a market-cap-weighted index ends up having … Read More
Joel Greenblatt: Why It’s Easier For Smaller Investors To Achieve Superior Investment Returns, According To Warren Buffett
In this lecture at Columbia University, Joel Greenblatt discusses advice from Warren Buffett on why it is much easier for smaller investors to achieve superior investment returns. Here’s an excerpt from the lecture: Greenblatt: So we have another investor, Warren Buffett, who has also been able to do that and … Read More
Joel Greenblatt: Turn Over A Lot Of Rocks To Find The ‘Easy’ Investments
During this interview with Investors’ Chronicle, Joel Greenblatt explained why investors need to turn over a lot of rocks to find the ‘easy’ investments. Here’s an excerpt from the interview: Greenblatt: I think everything is hard. The market is emotional in the short term, but eventually gets it right. And … Read More
Joel Greenblatt – Top 10 Holdings – Latest 13F
One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More
Joel Greenblatt: How To Find The Best Capital Allocators
During this fireside chat with The Hedge Fund Association, Joel Greenblatt explained how to find the best capital allocators. Here’s an excerpt from the chat: Greenblatt: The best thing to do is look at what they’ve done, not what they’ve said. And so if management’s been a very good allocator … Read More
Joel Greenblatt: Your Stock Will Go Down After You Buy It
During this interview with The Hedge Fund Association, Joel Greenblatt explained why the stock you just bought will go down after you buy it. Here’s an excerpt from the interview: Greenblatt: So that’s really a question asking what do you do in every investment? Because unless you bought at the … Read More
Joel Greenblatt: How To Compare Apples And Oranges With Potential Investments
During his recent interview with the Investors’ Chronicle, Joel Greenblatt discussed how to compare apples and oranges with potential investments. Here’s an excerpt from the interview: Greenblatt: If you’re going to buy a stock, the first hurdle you want to pass is: over time, are you going to beat the … Read More
Joel Greenblatt: There’s A Big Dichotomy In The Opportunity Set Right Now
During his recent interview with the Investors’ Chronicle, Joel Greenblatt explained why there’s a big dichotomy in the opportunity set right now. Here’s an excerpt from the interview: Greenblatt: I will tell you a story. I started Gotham in 1985. My partner Rob Goldstein joined me in 1989. We returned … Read More
Joel Greenblatt: Investors Can Get Completely Blindsided Through No Fault Of Their Own
In this interview with William Green, Joel Greenblatt explains how investors can get completed blindsided through no fault of their own. Here’s an excerpt from the interview: Greenblatt: I wanted to do a good job and I saw this opportunity where Florida Cypress Gardens was being taken over and there … Read More
Joel Greenblatt – Top 10 Holdings – Latest 13F
One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More
Joel Greenblatt: Concentrated & Diversified Portfolios Both Work Well
In this interview with the RWH Podcast, Joel Greenblatt explains why he runs concentrated and diversified portfolios. Here’s an excerpt from the interview: Greenblatt: Most of my money is invested in diversified portfolios, more similar to the way the Magic Formula works. That’s because that’s a full-time job. We run … Read More
Joel Greenblatt: Buy Stocks Like You’re In The Insurance Business
In this interview with ETF Think Tank, Joel Greenblatt discusses discount rates and buying stocks like you’re in the insurance business. Here’s an excerpt from the interview: Greenblatt: What I said in the book is I always use six percent as my risk-free rate. When rates are below six percent … Read More
Joel Greenblatt: 3 Timeless Investing Principles
In his book – The Little Book That Still Beats The Market, Joel Greenblatt provides his three timeless investing principles. Here’s an excerpt from the book: But here comes the big finish. Remember how I told you this chapter was going to be hard to believe? That by using just … Read More
Joel Greenblatt – Top 10 Holdings – Q2 2022 – New Buys EXC, IVV, GSPY, PEG, SPY
One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More
Joel Greenblatt: When It Makes Sense To Bet 40% Of Your Portfolio On One Stock
Earlier this year on The Investor’s Podcast, Joel Greenblatt discusses when it makes sense to bet 40% of your portfolio on one stock. Here’s an excerpt from the interview: Well, even in that one, I didn’t feel that I was being bold. I felt like I had an opportunity that … Read More