Tag Archive

In his book – You Can Be A Stock Market Genius, Joel Greenblatt explains that becoming a skilled investor requires time, practice, and good judgment. He advises beginners to start by investing a small portion of their assets in special corporate situations and increase their commitment as they gain confidence … Read More

During his recent interview with the Money Maze Podcast, Joel Greenblatt discussed his approach to investing, emphasizing the importance of recognizing the potential for businesses to grow beyond their initial appearances. He uses Apple as an example, noting how its ecosystem added hidden value beyond hardware. Greenblatt contrasts short-term trades … Read More

During his recent interview with The Money Maze Podcast, Joel Greenblatt explains that learning to invest requires real-life experience and, often, losing money. He shares that while investors sometimes profit unexpectedly due to luck, genuine lessons come from mistakes in analysis or unpredictable events, like the COVID-19 pandemic. Greenblatt advises … Read More

In this interview with The Investor’s Podcast, Joel Greenblatt reflects on his investment approach, explaining how he initially sought both cheap and good businesses, but struggled to understand the value of paying more for quality. He discusses his decision to downsize his business and return outside capital when he couldn’t … Read More

In the 10.31.06 edition of Value Investor Insight, Joel Greenblatt discusses the importance of clarity and simplicity in great investment ideas. He suggests that if an investment idea is truly strong, you should be able to explain why it’s a great business, why it’s temporarily undervalued, and why it should … 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 book – You Can Be A Stock Market Genius, Joel Greenblatt discusses an investment approach where you can diversify your portfolio with stocks that trade at low prices relative to their book value and cash flow, while occasionally incorporating special-situation investments. He suggests that for investors who lack … Read More

In his book – You Can Be A Stock Market Genius, Joel Greenblatt draws a parallel between sailing as a hobby and successful long-term investing. He emphasizes that both activities should be enjoyed for the journey rather than focusing solely on the destination. Just as sailing isn’t about reaching a … Read More

In his book – You Can Be A Stock Market Genius, Joel Greenblatt discusses his cautious investment strategy, emphasizing skepticism toward high-growth, high-multiple stocks. Despite initial excitement about new concepts and products, he often avoids investing due to their typically high price/earnings ratios, which can be unrealistic or infinite for … Read More

In his book – You Can Be A Stock Market Genius, Joel Greenblatt explains why selling stocks is often harder than buying them. While buying opportunities are well-defined, especially after special events like spinoffs or bankruptcies, selling decisions are more complex. The market will eventually recognize the value revealed by … 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

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 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

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

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 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

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

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

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

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