The Little Book that Beats the Market | Joel Greenblatt | Talks at Google

Joel Greenblatt is a managing partner of Gotham Capital, a hedge fund that he founded in 1985 and Gotham Asset Management, a manager of hedge funds and long/short mutual funds. He is the former Chairman of the Board of Alliant Techsystems, a NYSE listed aerospace and defense company.

Since 1996, he has been a professor on the adjunct faculty of Columbia Business School where he teaches Value and Special Situation Investing. He is the author of three books, You Can Be A Stock Market Genius (1997), The Little Book That Beats The Market (2005), and The Big Secret for the Small Investor (2011).

Mr. Greenblatt is a co-founder of Success Academy Charter Schools, a network of 41 charter schools in New York City and the former Chairman of the Board of Overseers of the Graduate School of Education at the University of Pennsylvania. He holds a BS and an MBA from the Wharton School.

Brief outline of topics covered:
How to think about the Stock Market
Active vs. Passive Investing, which should you choose?
Is the market really efficient? What does that mean?
What is the opportunity for active investors, if any?
What are the opportunities for individual investors?
How should most people invest?
How should you invest?

This talk was moderated by Saurabh Madaan.

[BibinBCherian]

This is a great man - an elite investor who has shared his valuable knowledge and experience with many - an excellent teacher. Thanks to Google and Saurabh for sharing such valuable insights.

[achille]

Single, most useful video on Value Investing on youtube at the moment.

[MrAdhito]

| [ Bookmark For Me ] |

9:01 - Valuation Methodology
18:22 - Proof human is a terrible investor even at the hand of competent manager
19:08 - What top fund go through
22:03 - Buy all automatic vs Picking on a approved list.
26:48 - Best strategy’s
37:01 - Importance of Compound Interest

[luisalbertobauerlandivar]

I love Joel and his clarity on the stock market. He's open minded about investing and states that there are various strategies that work for different types of investors in different stages of portfolio building.

[robliez]

People that work at Google are so lucky. I would pay to attend his lectures.

[mytinynotesk]

Joel Greenblatt definitely knows his stuff. He has a deep understanding of how the stock market works. Despite the obvious "uh"s, this talk does share some truly valuable insights. Thanks!

[guharup]

after 15 years in investing, still everytime i hear Joel I learn something. Truely great. Although he has repeated a lot of his stuff.

[BaclibreMa_DocJamal]

I absolutely had to Thank You Guys for Uploading this Talks. Joel is simply amazing. Dropping value bombs everywhere. Lots of Gems. You rock Guys.

[harrisonjamie]

After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?

[AuditorInvestor]

Probably one of the greatest talks on stocks of all time.

[joech]

Great presentation. It's ridiculous that some complain about uhms. I haven't even noticed them. But that maybe because I actually payed attention to the content.

[benkizemchuk]

This is one of the best presentations ever about investing.

[greattradesrevisited]

One of my favorite talks that they've done!!!

[joshuaremintier]

This, uuuuhhh, talk was truly, truly, uuuuhhhh, truly amazing with great lessons, and uuuuhhhh, insights, really did, uuuhhhh, appreciate Joe-Joel, uuuhhhh, Greenblatt giving this amazing lecture.

[ravindertalwar]

Life is just to love and to be loved 💗💗 Love alone can Conquer the World.

[likithgk]

Yes ! I am 20 years old and I am proud of myself for seeing this video!
Now where is that compound interest table!!!

[juanfigueroa]

Joel, you share your knowledge impressively and I thank you soo much for it. I understand a general idea about it but I believe I got what you are saying. Thank you again

[pureumkim]

Really appreciate the great video- One caveat, his method is good but it does take a lot of learning, discipline, and time. Valuing spin-offs and special situations are not easy- You have to be always reading and learning. Finally, when the opportunity comes, you can make the investment and make good profits. Again, his methods are excellent but just remember that it is not easy. You need to grind it out. Following his book, I do look for spin-offs but I am still not comfortable investing in them. But soon I will have a better understanding and higher comfort level.

[thatsamuellu]

44:09 "I think Apple is cheap, relative to other choices right now." Apr. 2017 Apple was traded at $143 area.
Now Oct 2019 $246.58

[ArjabalasubramanyamChanti]

Congratulations 🎉 Google world 🌎 Happy blessings god bless you shalom Amen