EP22 Investment Basics (Part 2) by Joel Greenblatt

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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.