For me, this is investing nirvana! Joel Greenblatt, the Managing Partner and Co-CIO of Gotham Asset Management being interviewed by Howard Marks, Chairman of Oaktree Capital Management L.P. Marks spends thirty two minutes interviewing Joel Greenblatt, the creator of the “Magic Formula”, an investing strategy that could be used by average investors to make money in the stock … Read More
Minimizing Your Downside Risk – Ty Cobb Batted .367 Cos He Got On Base!
(Image Credit: http://www.outsidepitchmlb.com/) Like baseball, investing is more about safe hits that’ll get you on base rather than hitting home runs. The importance of calculating down-side risk rather than upside gains is one of the most overlooked concepts in stock market investing. Of course Warren Buffett is often quoted as saying, “Rule … Read More