Monthly Archives: August 2018

EP24 How To Identify Good Spin-offs by Joel Greenblatt (Case Study on Marriott)



Support this podcast through your donation: https://paypal.me/valueinvesting

A legendary value investor, Joel Greenblatt, explains why value investors should pay special attention to spin-off stocks.  This episode shows you how Joel Greenblatt identified a very attractive investment opportunity from Marriott’s spin-off that happened in the past.  The spin-offs that involve the following points would give you a better chance for your investment success.

  1. Institutions don’t want it and their reasons don’t involve the investment merits
  2. Insider wants it
  3. A previously hidden investment opportunity is created or revealed

More details could be found from this book (You Can Be a Stock Market GENIUS).

Click here (Value Investing Podcast) to visit this podcast website


EP23 Why Spin-offs are Good For Value Investors by Joel Greenblatt



Support this podcast through your donation: https://paypal.me/valueinvesting

A legendary value investor, Joel Greenblatt, explains why value investors should pay special attention to spin-off stocks.  This episode covers the four points that make the spin-offs very attractive investments for individual value investors.

  • The shares of the new spin-off stock are distributed to the existing shareholders of the parent company who usually don’t want the shares.
  • The spin-off companies are usually small in size, and are not worth for institutional investors.
  • The spin-off event unleashes entrepreneurial forces and creates a better incentive and reward system
  • The very act of the spin-off decision by the executive team is a good indication that the executive team is shareholder-oriented

The future episodes will cover the details of what factors you need to look at to identify great spin-off stocks.

More details could be found from this book (You Can Be a Stock Market GENIUS).

Click here (Value Investing Podcast) to visit this podcast website


EP22 Investment Basics (Part 2) by Joel Greenblatt



Support this podcast through your donation: https://paypal.me/valueinvesting

Joel Greenblatt is a legendary value investor who founded a hedge fund Gotham Capital with an astonishing track record of 40% annualized return from 1985 to 2006.  This episode covers the second part of the investment basics that Joel discussed in his book (You Can Be a Stock Market GENIUS).

  • Don’t buy more stocks; Put money in the bank
  • Look down, not up
  • There’s more than one road to investment heaven

The future episodes will cover the details of great special investment opportunities such as spin-offs, merger securities, restructurings, rights offerings, etc.


EP21 Investment Basics (Part 1) by Joel Greenblatt



Support this podcast through your donation: https://paypal.me/valueinvesting

Joel Greenblatt is a legendary value investor who founded a hedge fund Gotham Capital with an astonishing track record of 40% annualized return from 1985 to 2006.  This episode covers the first three investment basics that Joel discussed in his book (You Can Be a Stock Market GENIUS).

  • Do your homework
  • Don’t listen to others
  • Pick your own spots

The future episodes will cover the rest of the investment basics, and discuss the details of great special investment opportunities such as spin-offs, merger securities, restructurings, rights offerings, etc.