Joel Greenblatt, Gotham Capital, offers "big tips" for small investors.
Greenblatt thinks the large cap stocks are 80 percentile cheap and smaller cap are about 50 percentile cheap, based on trailing earnings. By “cheap”, he means the stocks are positioned to offer 6 to 8 percent return per year.
He said in the current environment, he can still find a lot of value stocks.
Greenblatt thinks the large cap stocks are 80 percentile cheap and smaller cap are about 50 percentile cheap, based on trailing earnings. By “cheap”, he means the stocks are positioned to offer 6 to 8 percent return per year.
He said in the current environment, he can still find a lot of value stocks.
