According to the money management firm Formula Trading, LLC ’s website:
Joel Greenblatt is the founder and managing partner of a successful private investment partnership in New York City. He is a professor on the adjunct faculty of Columbia Business School, and holds a BS and an MBA from the Wharton School.
Joel Greenblatt’s accomplishment far exceeds what this brief bio describes. Failed to mention is that he achieved 50% average annual investment return from 1985 to 1995, when he returned all the money back to the external partners.
He is also the author of two books You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits (1999) and The Little Book That Beats the Market (Little Books. Big Profits) (2005).
It is in the second book, He outlined a simple, beautiful, and effective investment philosophy called “Magic Formula Investing”. For the curious minds and those who have not read the book, go to website www.magicformulainvesting.com and try out the stock screener based on the principles outlined in the book.
We recently become aware of that Joel Greenblatt is involved in and becomes the Strategist of money management firm Formula Trading, LLC. We wish the Joel’s new endeavor great fortune.
In the meantime, GuruFocus is thrilled have the opportunity to bring our users access to the great knowledge and insights of Joel Greenblatt.
To ask a question, you can post questions by click on "Reply to this message". We will collect and edit the questions and send to Prof. Joel Greenblatt.
We will post the questions and answers once we receive them back.
So fire off your questions to the good professor in value investing!
About the author:
My name is Ben C. and I am 2nd year MBA candidate at the Anderson School of Business at the University of California- Los Angeles. I have a BS in Economics from the Wharton School of Business at the University of Pennsylvania. Before coming to Anderson I worked as a generalist equity research analyst for Right Wall Capital, a long-short equity hedge fund located in New York City. Prior to working at Right Wall I worked as an analyst at Blue Ram Capital, another long-short equity hedge fund located in Rye Brook, NY. This past summer, I worked for West Coast Asset Management as a research analyst. West Coast, which was co-founded by Kinko’s founder Paul Orfalea, is run by well-known value investors Lance Helfert and Atticus Lowe.