Tag Archive

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

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

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

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

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

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