Category Archive

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

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

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

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

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

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

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

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

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

In his recent interview on the Richer, Wiser, Happier Podcast, Joel Greenblatt explains why investing is about living to play another day. Here’s an excerpt from the interview: Yeah. I have five kids, a couple of which I’ve taught investing or tried to teach investing too. I was trying to … Read More

In his latest interview on the Richer, Wiser, Happier Podcast, Joel Greenblatt explains how to think about concentration in portfolios. Here’s an excerpt from the interview: I don’t consider six to eight names of making up 80% of your portfolio, particularly concentrated. One name for your whole portfolio, that’s pretty … Read More

In his recent interview with TWIS, Joel Greenblatt discusses how investors suspend common sense. Here’s an excerpt from the interview: Greenblatt: You talked about momentum. If you just take a concept like momentum, which has worked for the last 30/40 years on average, not just the United States but across … Read More

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

In this value investing masterclass, Joel Greenblatt discusses the two types of businesses investors should own. Here’s and excerpt from the masterclass: Greenblatt: The two types of businesses we like to see… I mean there’s two ways to get a high return on tangible capital. One is you don’t need … Read More

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

In this interview on The Investor’s Podcast, Joel Greenblatt discusses how to think about position sizing. Here’s an excerpt from the interview: Most people say, oh I took a 10% position. I took a 20% position. Oh I’d never take a 30% position and I don’t think that’s the right … Read More

In his latest interview with CFA New York, Joel Greenblatt discusses how to avoid value traps that appear to have a good margin of safety. Here’s an excerpt from the interview: Greenblatt: We even like better high return on tangible capital businesses that can reinvest lots of money at those … Read More

In his book – You Can Be A Stock Market Genius, Joel Greenblatt discusses the optimum number of positions to hold in your portfolio. Here’s an excerpt from the book: The strategy of putting all your eggs in one basket and watching that basket is less risky than you might … Read More

In his book – The Big Secret, Joel Greenblatt recommends enterprising investors should focus on small-cap stocks. Here’s an excerpt from the book: Nevertheless, investing in small stocks still has some major advantages over investing in larger-cap companies. These stocks, because of their smaller size, are subject to less research … Read More