Joel Greenblatt Biography | Wiki
Joel Greenblatt is a popular American academic, hedge fund manager, investor, and writer who is the Managing Principal and Co-Chief Investment Officer of Gotham Asset Management. He is also the author of many books, such as You Can Be a Stock Market Genius, The Big Secret for the Small Investor, and Common Sense. Previously, Joel worked as an Adjunct Professor at Columbia Business School. He was also a chairman of the board of Alliant Techsystems (1994 to 1995) and creator of the New York Securities Auction Corporation.
Joel also worked as a director at Pzena Investment Management, a firm focusing on value investing and asset management for high-net-worth clients. In 2008 Gotham Asset Management, LLC was founded as “the successor to the investment advisory business of Gotham Capital”. In 2010, Gotham began four conventional mutual funds raising $360 million. As of December 2021 Gotham Asset Management, LLC operated $3.74 billion.
Joel Greenblatt Age
Joel was born on December 13, 1957, in Great Neck, New York, in the United States. He is 66 years old. Joel celebrates his birthday on December 13, every year.
Joel Greenblatt Height
He is a man of average stature. Joel stands at a height of 5 ft 7 in ( Approx. 1.7m ).
Joel Greenblatt Family
He was born in Great Neck, New York, to his parents. Joel holds an American nationality and was raised in a family of Jewish descent. Presently, Joel has not disclosed any details regarding either his parents or if he has siblings.
Joel Greenblatt Wife
He is married to his wife Julia Greenblatt. Joel and his wife have five kids named Jordan, Melissa, Rebecca, Jonathan, and Matthew.
Joel Greenblatt Education
He attended and graduated from The Wharton School at the University of Pennsylvania, earning his B.S. summa cum laude in 1979 and M.B.A. in 1980. At Wharton, Joel’s paper “How the small investor can beat the market” was released in The Journal of Portfolio Management. Joel spent one-year learning law at Stanford Law School in California prior to dropping out to pursue a career in finance.
Joel Greenblatt Magic Formula | Formula | Magic Formula Performance | Magic Formula India | Performance
His book The Little Book That Beats the Market (Wiley, 2005 & 2010) introduced the investment system of “magic formula investing”, a method for deciding which stocks to buy: “cheap and good companies” with a high-income yield and a high return on invested capital. His system is featured in The Guru Investor by John P. Reese. Many studies from around the globe have found Joel’s formula tends to result in long-term outperformance in relation to market averages but is also connected with significantly higher short-term volatility and sharper drawdowns because of his focused approach of 20–30 stocks.
Joel Greenblatt Book | The Little Book That Beats the Market | Livro
Joel’s book The Little Book That Beats the Market (Wiley, 2005 & 2010) was a New York Times Best-Seller that sold more than 300,000 copies. Following the 2007–2008 financial crisis, The Little Book became updated and re-published in 2010 as The Little Book That Still Beats the Market. In this book, Joel offers a “magic formula” that is easy to use and makes purchasing good companies at bargain prices automatic.
Joel Greenblatt New Book
In 2023, Joel published his new book titled The Little Investment that Beats the Market. This book offers a chance to learn about the fascinating, fun, and formerly untold story behind The Little Investment that Beats the Market.
Joel Greenblatt Portfolio
In his current portfolio as of 2023-03-31, the top 5 holdings include Gotham Enhanced 500 ETF (GSPY), S&P 500 ETF TRUST ETF (SPY), iShares Core S&P 500 ETF (IVV), Snowflake Inc (SNOW), Microsoft Corp (MSFT), not including call and put options.
Joel Greenblatt Michael Burry
In 2000 Gotham Capital assisted Michael Burry found his hedge fund Scion Capital by purchasing 25% of its capital for one million dollars after taxes. In October 2006, Gotham’s investment in the funds directed by Scion rose to $100 million. Gotham left its investments both in the managed funds by Scion Capital and as a shareholder.
Joel Greenblatt Class Notes | Columbia
He worked as an adjunct professor educating value investing classes for MBA students at Columbia University’s Graduate School of Business for more than 20 years.
Joel Greenblatt The Big Short | Big Short
Tracy Letts stars as Lawrence Fields, an investor in Burry’s hedge fund, a fictional composite of Joel and others who had invested at Burry but came to disagree with his strategy.
Joel Greenblatt 13f
Gotham Asset Management, LLC has revealed 1310 total holdings in their latest 13F filing with the SEC for the portfolio date of 2023-03-31. The present portfolio value is calculated to be $4.13 Bil and the turnover rate is 24%.
Joel Greenblatt Gotham | Gotham Capital
In 1985, Joel began a hedge fund, Gotham Capital, with $7 million, much of which was provided by “junk-bond king” Michael Milken. Robert Goldstein came to Gotham Capital in 1989. At Gotham Capital in 1985 and 1994, Joel presided over an annualized return of 50% “after all expenses” but “prior to general partner’s incentive allocation” fees; or 30%, net of all fees. Gotham focused on “special situations” such as spinoffs and other corporate restructurings”. In January 1995 Gotham came back to all capital of outside partners (approximately $500 million). From 1995 until 2009 Gotham Capital was closed to outside investors.
Joel Greenblatt Holdings
– Gotham Enhanced 500 ETF (GSPY)
– S&P 500 ETF TRUST ETF (SPY)
– iShares Core S&P 500 ETF (IVV)
– Snowflake Inc (SNOW)
– Microsoft Corp (MSFT)
Joel Greenblatt House
He and his wife reside in their house in Port Washington, New York (NY.
Joel Greenblatt Website | Magic Formula Website
In October 2009, Joel launched a website for Formula Investing, giving an online tool that follows the investment system described in his book The Little Book That Beats the Market.
Joel Greenblatt Blog
On his blog page you learn what type of investor he is, Joel’s performance, strategy, and learning resources related to the magic formula.
Joel Greenblatt Common Sense Pdf
In 2020, Joel shared an investor’s perspective on building an economy that serves all in his book Common Sense: The Investor’s Guide to Equality, Opportunity, and Growth. In this book, Joel gives an investor’s perspective on building an economy that truly works for everyone. He also discusses how dramatically growing immigration would be like giving every American a giant bonus and the reason Australia might be the best area to learn about saving for retirement.
Joel Greenblatt Google Talks
He talks about the investing principles that were able to assist him to achieve a 40% annual return during his profession.
Joel Greenblatt Gurufocus
He is a founding Master Player of the Portfolios with Purpose virtual stock trading Competition.
Joel Greenblatt Value Weighted Index
His rationale for a value-weighted index can be paraphrased like this: Most investors, pros included, can’t beat the index. Therefore, purchasing an index fund is better than messing it up yourself or getting an active manager to mess it up for you.
Joel Greenblatt Libros | Books
– The Little Book That Beats The Market (2023)
– Common Sense: The Investor’s Guide to Equality, Opportunity, and Growth (2020)
– The Big Secret for the Small Investor: A New Route to Long-Term Investment Success (2011)
– The Little Book That Beats The Market (2006)
– The Little Book That Still Beats the Market (2006)
– You Can Be a Stock Market Genius: (Even if You’re Not Too Smart!) Uncover the Secret Hiding Places of Stock Market Profits (1997)
Joel Greenblatt Mutual Fund
In 2010, Gotham began four conventional mutual funds raising $360 million.
Joel Greenblatt Options
In Joel’s book You Can Be a Stock Market Genius, he shares his secret to bringing out parabolic returns with a long-term options contract—Long-Term Equity Anticipation Security (LEAPS). He would buy a call option—which is the right to buy a stock at a fixed price for a period of time.
You Can Be a Stock Market Genius By Joel Greenblatt | Stock Market Genius Pdf
On February 25, 1999, Joel published his book titled You Can Be a Stock Market Genius: (Even if You’re Not Too Smart!) Uncover the Secret Hiding Places of Stock Market Profits. In this book, Joel has been beating the Dow (with returns of 50 percent a year) for over a decade and shows you how to follow the way. In this book, readers will know investment opportunities that portfolio managers, business-school professors, and top investment experts mostly miss—uncharted areas where the individual investor has a huge advantage over the Wall Street wizards.
Joel Greenblatt Returns
He is one of the most revered investors in the globe. Joel’s hedge fund Gotham Capital produced an amazing 50 per cent return per year in the ten years from its inception.
Joel Greenblatt Net Worth | Net Worth Forbes
Joel gets his wealth from his work as an academic, hedge fund manager, investor, and writer who is the Managing Principal and Co-Chief Investment Officer of Gotham Asset Management. Therefore, Joel has accumulated a decent fortune over the years. Joel’s net worth is $500 million.
How Old Is Joel Greenblatt
Joel is a 66-year-old who was born on December 13, 1957, in Great Neck, New York, in the United States. Joel celebrates his birthday on December 13, every year.
What is Joel Greenblatt Magic Formula
At its core, Joel’s magic investing formula specializes in finding good companies to invest in that are trading at attractive prices. In specific, this system focuses on Stock price and the cost of capital.
Who Is Joel Greenblatt
He is an American academic, hedge fund manager, investor, and writer who works as the Managing Principal and Co-Chief Investment Officer of Gotham Asset Management. Joel is also a former Adjunct Professor at Columbia Business School. Before, Joel was also a chairman of the board of Alliant Techsystems (1994 to 1995) and creator of the New York Securities Auction Corporation.
Joel Greenblatt Social Media Account
Twitter – @JoelGreenblatt