How should one Invest Money for High Returns | Joel Greenblatt | Stocks | Investment | Magic Formula

Joel Greenblatt, a prominent value investor, suggests that ordinary investors can achieve high returns by focusing on buying good businesses at bargain prices, essentially finding high-quality companies that are undervalued by the market. He advocates for the "magic formula" investing strategy, which ranks companies based on their return on capital and earnings yield, as a disciplined approach to identify these opportunities. Greenblatt emphasizes the importance of patience and a long-term perspective, advising investors to stick with the strategy over many years to realize substantial returns, despite short-term market fluctuations.

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