It just seems logical that sticking to investing in only a small number of companies that you understand well, rather than moving down the list to your thirtieth or fiftieth favorite pick, would create a much greater potential to earn above-average investment returns.
Here is part of the tradeoff with diversification. You must be diversified enough to survive bad times or bad luck so that skill and good process can… - Joel Greenblatt
Here is part of the tradeoff with diversification. You must be diversified enough to survive bad times or bad luck so that skill and good process can…
- Joel Greenblatt
Something out of the ordinary course of business is taking place that creates an investment opportunity. The list of corporate events that can result… - Joel Greenblatt
Something out of the ordinary course of business is taking place that creates an investment opportunity. The list of corporate events that can result…
Remember, it’s the quality of your ideas not the quantity that will result in the big money. - Joel Greenblatt
Remember, it’s the quality of your ideas not the quantity that will result in the big money.
Figure out what something is worth and pay a lot less. - Joel Greenblatt
Figure out what something is worth and pay a lot less.
The more confidence I have in each one of my stock picks, the fewer companies I need to own in my portfolio to feel comfortable. - Joel Greenblatt
The more confidence I have in each one of my stock picks, the fewer companies I need to own in my portfolio to feel comfortable.
If you spend your energies looking for and analysing situations not closely followed by other informed investors, your chance of finding bargains gre… - Joel Greenblatt
If you spend your energies looking for and analysing situations not closely followed by other informed investors, your chance of finding bargains gre…
Value investing doesn't always work. The market doesn't always agree with you. Over time, value is roughly the way the market prices stocks, but over… - Joel Greenblatt
Value investing doesn't always work. The market doesn't always agree with you. Over time, value is roughly the way the market prices stocks, but over…
So one way to create an attractive risk/reward situation is to limit downside risk severely by investing in situations that have a large margin of sa… - Joel Greenblatt
So one way to create an attractive risk/reward situation is to limit downside risk severely by investing in situations that have a large margin of sa…
My goal is to buy a company at a low multiple to normal earnings power several years out and that the company earns good returns on capital at that l… - Joel Greenblatt
My goal is to buy a company at a low multiple to normal earnings power several years out and that the company earns good returns on capital at that l…
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