In an article for RegisteredRep.com, hedge fund guru Joel Greenblatt takes a look at why so many mutual funds fail to beat the market averages over the long haul, and offers tips for how the “little guy” can beat the market. One big thing that hurts mutual fund performance, Greenblatt says, is fund fees, which [...]
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Tag Archives: Joel Greenblatt
Five Magic Formula Stocks for the Year Ahead
May 26, 2011
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In his latest article for Forbes.com, Validea CEO John Reese examines his Joel Greenblatt-inspired approach, which has beaten the market by about 10 percentage points per year over the past five-and-a-half years. “Greenblatt’s two-step approach is simple, but that doesn’t mean it’s easy to use,” Reese writes. “That’s because, like Warren Buffett, Greenblatt realized that [...]
Read moreGreenblatt on Value, Time, and Discipline
May 16, 2011
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In an interview with Barron’s, hedge fund guru and author Joel Greenblatt talks about how and why value-focused strategies tend to beat the market over the long haul, and where he’s currently finding opportunity in the market. “The way we make money as a group is that we don’t pay a lot for anything, and [...]
Read moreGreenblatt: Don’t Focus Too Much on Broader Market’s Value
May 9, 2011
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In an interview with Yahoo! Finance’s Breakout, hedge fund guru Joel Greenblatt says he thinks the broader market is “in the range of fairly valued”, but says focusing on the broader market’s valuation can cause investors to miss out on big opportunities in individual stocks. Greenblatt also talks about the problems with traditional indexes, and [...]
Read moreFive Guru-Inspired Bargains for Any Market
April 20, 2011
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In his latest article for Forbes.com, Validea CEO John Reese looks at the range of opinions about the broader stock market’s current valuation. Reese notes that some, like Yale Economist Robert Shiller, say the market is more than 40% overvalued based on the 10-year P/E ratio. Others, like hedge fund guru Leon Cooperman, say stocks [...]
Read moreGreenblatt: Market Fairly Valued, Plenty of Opportunities
April 20, 2011
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Author and hedge fund guru Joel Greenblatt says he thinks the market is in the range of fair value, and says he’s finding plenty of attractive stocks right now. Greenblatt tells CNBC that after looking at trailing earnings yields for the past 23 years, he’s found that large-cap stocks are in the 80th percentile of [...]
Read moreGreenblatt on “Value-Weighted” Indexing
April 6, 2011
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While most index funds use a market-cap weighting and others use an economic-based fundamental weighting, hedge fund guru Joel Greenblatt says a “value-weighted” fund can be a better option. In an interview with Morningstar, Greenblatt discusses his new book and his value-weighted funds. “We just took the logic that, if we can buy a stock [...]
Read moreReese: Top Picks from the Rebounding Healthcare Sector
March 24, 2011
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In his latest column on Seeking Alpha, Validea CEO John Reese says his Guru Strategies are finding some intriguing picks in the healthcare sector. “For much of the two-year-plus stock market rally, the healthcare sector has been left far behind the rest of the market,” Reese writes. “That’s changed recently. While the rest of the [...]
Read moreThe Greenblatt Approach: How Simplicity and Common Sense Beat the Market
October 15, 2010
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Every other issue of The Validea Hot List newsletter examines in detail one of John Reese’s computerized Guru Strategies. This latest issue looks at the Joel Greenblatt-inspired strategy and portfolio, which has averaged returns of about 8% per year since its inception while the broader market has been in the red. Below is an excerpt [...]
Read moreWhere Greenblatt Is Finding Value
September 14, 2010
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Author and hedge fund guru Joel Greenblatt recently discussed his “Magic Formula” approach to investing on CNBC. Greenblatt talks about how his formula works because, ironically, it doesn’t always work, and says the approach usually targets firms getting negative publicity. He also says the formula is currently finding a lot of values in the retail, [...]
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