One of our favorite investors here at The Acquirer’s Multiple – Stock Screener is Joel Greenblatt.
Greenblatt serves as Managing Principal and Co-Chief Investment Officer of Gotham Asset Management, the successor to Gotham Capital, an investment firm he founded in 1985. Since 1996, he has been a professor on the adjunct faculty of Columbia Business School where he teaches “Value and Special Situation Investing.” Greenblatt is the author of You Can Be A Stock Market Genius (Simon & Schuster, 1997), The Little Book that Beats the Market (Wiley, 2005), The Little Book that Still Beats the Market (Wiley, 2010), and The Big Secret for the Small Investor (Random House, 2011).
One of the best resources for investors is the series of presentations at Google by a number of investing gurus called Google Talks. One of our favorites is Greenblatt’s presentation where he discusses how human intervention hurts your performance when you’re using an evidence based mechanical investing strategy, like the one we use at The Acquirer’s Multiple. It’s a must watch for all investors:
David Einhorn's Greenlight Capital returned -2.9% in the second quarter of 2021 compared to 8.5% for the S&P 500. According to a copy of the fund's letter, which ValueWalk has reviewed, longs contributed 5.2% in the quarter while short positions detracted 4.6%. Q2 2021 hedge fund letters, conferences and more Macro positions detracted 3.3% from Read More