Where Joel Greenblatt sees value now
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- เผยแพร่เมื่อ 9 ก.พ. 2025
- CNBC's Leslie Picker sits down with value investor Joel Greenblatt, Gotham Funds, to discuss the markets and future of value investing.
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Joel Greenblatt is a legend. Rational thinker in an irrational world
I just happened to check his predictions.. he was right or (no volatility) on 5 out of 6 of them. Only Boeing was wrong.
GENIUS. I was so blessed to be able to take his course. He is the only person I have seen on TV that has defined what Value Investing really is.
When were you at Columbia?
Would be great if his students carry on his legacy by teaching others 😊
Love this guy, very rational, very logical, very worth listening to. Speaks truth.
Loved his books, makes total sense. Unlike other books I've read on the subject. Truly a gifted teacher.
Perfectly and clearly put ideas. Thank you Joe!
I love Joel's books , specially "You Can Be a Stock Market Genius".
Have you read "The Little Book That Beats the Market" yet? It is a very entertaining book that was very different from what I expected (his "Little Book That Beats the Market" book is very different from his "Stock Market Genius" book). I expected "Little Book That Beats the Market" to be full of stories and anecdotes about what stocks Gotham purchased but this is not what the book is about! Little Book That Beats the Market is Joel Greenblatt teaching his 12 year old son how to make a million dollars in the stock market and this book was very well written!
Out of the 6 shares mentioned they were right about 3 of them.
Walmart, home depot and Ford were correct.
Greenblatt and ackman speak very fast - quick minds
I agree with Joel Greenblatt. Value investing gets harder as you get more money.
Excellent points.
Joel is a good guy, despite his Gotham Asset Management has under performed the overall market more than 6 years in a row.
They've grown to $ 3B in assets, essentially becoming a disadvantage for them. Joel puts it like that: all the successful value investors of the last 3 decades have grown so big and that it's a problem for themselves.
I guess he did well then...
Where can I watch full interview?
Boeing is the greatest undervalued stock right now .
So you first filter companies based on valuations and financials and then go in for the ones which have non-quanitifiable advantages. This prevents you from overpaying. Most people do the opposite and lose crazy amounts of money
What’s a non quantifiable advantage
@@shabz_ For example a more capable management
How about now?!?
He is my uncle. Actually.
youre lucky
He’s my financial godfather
The market is more expensive than 80% of the its history but look at where the long term interest rate is vs history. Market risk premium is still high. I would still buy at this level even if the market can return only 5% annualized over the next 10 years.
where are they
Why doesnt he just long ?
In collecting management fees.
Love Joel’s books. For the avid readers, Charlie Munger’s books are at least worth reading.
Which is better
This what they hold there is too overvalued. In any way Boeing will drop in my opinion
Well he didn't exactly nail those shorts. Ford didn't fall until one year later due to covid, Align still went up 35%, then down 40% then up again 30% then covid happened. Monster only went sideways on a short range of only ~10%
This man built a career on echoing Warren Buffett
And Buffett built a career on echoing Ben Graham, stand on the shoulders of Giants
Not a bad person to echo
@@TheWoody26 Damn good point! The father of value investing
@@tyjohn4779 Of course not. This man does his investors a service
@@TheWoody26 Actually Warren Buffett and Joel Greenblatt are both echoing Benjamin Graham because all three of them are associated with Columbia University business school!
Litecoin also a duopoly. Only got bitcoin to compete with right?
Mukul Thakur what? Are you stupid? You have no idea what you are talking about. They don’t compete for sales. Plus there are loads of crypto currencies out there, but infact crypto currencies is all a load of shit anyway so I wouldn’t even think about them, they have no fundamental drivers where you can deploy a process to and it’s most likely a bubble ready to be burst.
@@harveyparry9676 I think it was supposed to be a funny joke?
Ford is cheep . And 7% dividend it’s 2.5% of my portfolio .
Trade autos don't hold.. too cyclical
Rob F thank god I got out at 10$ best decision I made
This guy is making stuff up as he goes along. I just like this stock, so these are the reasons I made up... GREAT rationality!
It may seem that way, but Joel actually researches his companies thoroughly, so if he likes a company, there's usually a reason. He's also a contrarian thinker, so he's going to look at things differently from the average investor (and the person interviewing him).
Look at his record
@@tictoc5443 You' right, my man!!!! His cumulative record over the past 30 years of his investment career has been somewhere between 30 and 40% returns (compounded annually). That is INSANE and very difficult to do. There will always be times throughout when his portfolio does worse than the market, but as a whole (in the long run), he blows the market out of the water. Anyone trying to discredit him clearly has not seen this man's track record!!!!
a bunch of nonsense