Joel Greenblatt

Joel Greenblatt

Last Update: 02-16-2016

Number of Stocks: 851
Number of New Stocks: 208

Total Value: $9,210 Mil
Q/Q Turnover: 34%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Joel Greenblatt' s Profile & Performance

Profile

Known for the invention of Magic Formula Investing, and founder of the New York Securities Auction Corporation (NYSAC). Greenblatt is founder and managing partner of Gotham Asset Management, LLC. He is the author of two investment books, including Joel Greenblatt: The little Book that Beats the Market. He is also an Adjunct Professor with Columbia Business School.

Investing Philosophy

Greenblatt tries to find cheap and good companies. He looks for value with a catalyst, so nice things happen sooner. Greenblatt likes special situations, and thinks that they are simply different places to find cheap stocks. In his own hedge fund, Greenblatt uses the basic principals in the Magic Formula: Look for high ROC and high earnings yield. He tries to figure out what "normalized earnings" will be 3-4 years into the future. Greenblatt makes sure the stock is very cheap based on normalized earnings. He is very concentrated in investing, 5 to 8 securities can make up 80% of his portfolio. One position could be as high as 30%.

Total Holding History

Performance of Gotham Absolute Return Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
2015-10.241.19-11.4
20149.3113.69-4.4
201329.8132.39-2.6
3-Year Cumulative27.4 (8.4%/year)52.3 (15.1%/year)-24.9 (-6.7%/year)

Top Ranked Articles

On Diversification Diversification is not an easy subject, but by analyzing data and applying some logic you can narrow down an optimal strategy
​The age-old question of exactly how many stocks to hold is likely never going to be definitively answered. There are entire books, even courses, on the subject after all. Since portfolio construction is more of an art than a science, in this post I want to break down relevant studies, examine historical data and analyze some of the best investors in an attempt to come up with the optimal strategy. As always, please share your comments and thoughts below! Read more...
Stocks Reach 5-year Lows Prices of Blucora, SeaChange International, Harte-Hanks, Aegerion Pharmaceuticals decline
According to GuruFocus' list of five-year lows, these guru stocks have reached their five-year lows: Blucora Inc. (NASDAQ:BCOR), SeaChange International Inc. (NASDAQ:SEAC), Harte-Hanks Inc. (NYSE:HHS) and Aegerion Pharmaceuticals Inc. (NASDAQ:AEGR). Read more...
101 Financial Ratios and Metrics to Improve Your Investing Skills - Part 2 Terms to sharpen your understanding (Part 2)
Growth, Return, & Performance Ratios & Metrics Read more...
Insiders Are Selling Facebook and Ford Motor Facebook insiders are selling stock for the 2nd consecutive week
The All-in-One Screener can be used to find insider buys and sells over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "March 2016." Read more...
Low P/E Stocks With Wide Margin of Safety According to the DCF calculator, these companies are cheap and undervalued
The following stocks are trading with a very low P/E ratio. Most of them are greatly undervalued, according to the DCF calculator. Read more...
» More Joel Greenblatt Articles

Commentaries and Stories

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Gap May Be Poised for a Comeback The company provides slow and consistent growth along with a solid dividend yield Ray Dalio,Joel Greenblatt,Edward Lampert - Gap May Be Poised For A Comeback
Gap (NYSE:GPS) is one of the most iconic American brands and still has a solid economic moat. The company has been downsizing and closing stores, making room for cash to be deployed into higher-profit channels like ecommerce. More...

RETAIL, APPAREL, EDWARD LAMPERT


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bearish Sentiment in Becton Dickinson's Stock Future growth is unchanged, but the company is still facing headwinds Joel Greenblatt,Tom Gayner,T Rowe Price Equity Inc - Bearish Sentiment In Becton Dickinson's Stock
Becton Dickinson & Co. (NYSE:BDX) is a $33.87 billion market cap company that provides a broad range of medical devices and diagnostic products used in hospitals, doctors' offices, research labs and other settings. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

It's Time to Sell Joy Global Don’t be on the wrong side of history; get out while you can Joel Greenblatt,Jim Simons - It's Time To Sell Joy Global
Don’t believe the analyst hype. Despite both BofA Merrill Lynch and Goldman Sachs upgrading Joy Global (NYSE:JOY) stock in recent weeks, the long-term outlook for the coal industry is bleak. It might not go to zero, but its size and use as an energy source is dwindling. More...

COAL, ENERGY


  • Currently 5.00/5

Rating: 5.0/5 (7 votes)

On Diversification Diversification is not an easy subject, but by analyzing data and applying some logic you can narrow down an optimal strategy Joel Greenblatt,Warren Buffett,Charlie Munger - On Diversification
​The age-old question of exactly how many stocks to hold is likely never going to be definitively answered. There are entire books, even courses, on the subject after all. Since portfolio construction is more of an art than a science, in this post I want to break down relevant studies, examine historical data and analyze some of the best investors in an attempt to come up with the optimal strategy. As always, please share your comments and thoughts below! More...

DIVERSIFICATION, WARREN BUFFETT, PETER LYNCH,


  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Undervalued Stocks With Wide Margin of Safety D.R. Horton and Citigroup are inexpensive investment opportunities Ken Heebner, Joel Greenblatt, Ray Dalio - Undervalued Stocks With Wide Margin Of Safety
The following stocks are trading with a wide margin of safety according to the DCF calculator, and some of them have a very low P/E ratio. GuruFocus' All-in-One Screener can be used to find similar stocks.  More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Dividend and Value Opportunities in the Large-Cap Pharmaceutical Space How to identify Ben Graham- and Joel Greenblatt-type investments Joel Greenblatt - Dividend And Value Opportunities In The Large-Cap Pharmaceutical Space
The health care sector and in particular pharmaceutical companies have underperformed recently. The chart below shows the performance of the health care sector (as represented by the XLV ETF) versus the Standard & Poor's 500 for the beginning of 2016. More...

PHARMACEUTICALS, HEALTH CARE, DIVIDENDS, BEN GRAHAM, JOEL GREENBLATT, DIVIDEND INVESTING


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Stocks Reach 5-year Lows Prices of Blucora, SeaChange International, Harte-Hanks, Aegerion Pharmaceuticals decline Joel Greenblatt,Mario Gabelli - Stocks Reach 5-year Lows
According to GuruFocus' list of five-year lows, these guru stocks have reached their five-year lows: Blucora Inc. (NASDAQ:BCOR), SeaChange International Inc. (NASDAQ:SEAC), Harte-Hanks Inc. (NYSE:HHS) and Aegerion Pharmaceuticals Inc. (NASDAQ:AEGR). More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Finding the Best Stocks to Invest In My process and criteria for quickly finding quality stocks to research Joel Greenblatt - Finding The Best Stocks To Invest In
It takes time to find great investment ideas. More...

LONG, STOCK PICKS


  • Currently 4.00/5

Rating: 4.0/5 (1 vote)

Where Are Super Investors Shopping for Bargains? A closer look at the aggregate industry trend of value guru investments Joel Greenblatt,Richard Pzena,Andreas Halvorsen,Da - Where Are Super Investors Shopping For Bargains?
GuruFocus offers a lot of screens and tools I find highly useful and interesting for coming up with short lists of companies to look at. More...

LONG, GURU, VALUE


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

101 Financial Ratios and Metrics to Improve Your Investing Skills - Part 2 Terms to sharpen your understanding (Part 2) Joel Greenblatt - 101 Financial Ratios And Metrics To Improve Your Investing Skills - Part 2
Growth, Return, & Performance Ratios & Metrics More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Insiders Are Selling Facebook and Ford Motor Facebook insiders are selling stock for the 2nd consecutive week Joel Greenblatt,Paul Tudor Jones - Insiders Are Selling Facebook And Ford Motor
The All-in-One Screener can be used to find insider buys and sells over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "March 2016." More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Gurus Must See a Wolverine Brand Recovery Coming For those who believe in Wolverine's ability to revamp its brands, shares seem fairly priced, even underpriced Joel Greenblatt,Mario Gabelli - Gurus Must See A Wolverine Brand Recovery Coming
  • Currently 3.33/5

Rating: 3.3/5 (3 votes)

Low P/E Stocks With Wide Margin of Safety According to the DCF calculator, these companies are cheap and undervalued Jim Simons,Joel Greenblatt - Low P/E Stocks With Wide Margin Of Safety
The following stocks are trading with a very low P/E ratio. Most of them are greatly undervalued, according to the DCF calculator. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

How to Be a Stock Market Genius 'Even If You're Not Too Smart' A book that's worth having in your library Joel Greenblatt,Charlie Munger - How To Be A Stock Market Genius 'Even If You're Not Too Smart'
Guru Joel Greenblatt (Trades, Portfolio) is a value investor and author of “You Can Be A Stock Market Genius Even If You’re Not Too Smart,” a book I read recently and felt a few of the quotes in it were worth sharing. More...

  • Currently 4.00/5

Rating: 4.0/5 (1 vote)

Five Cheap Stocks with Improving Earnings When a company’s fortunes are improving but its stock is still cheap, you can make good money. Joel Greenblatt - Five Cheap Stocks With Improving Earnings
Buying low is half the secret to making money in the stock market. But as every seasoned investor knows, a cheap stock can stay cheap for a long time. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

5-Year Lows: Lumber Liquidators, Park Electrochemical, Landauer, Harmonic Stocks that have reached their historical low prices Mario Gabelli,Joel Greenblatt - 5-Year Lows: Lumber Liquidators, Park Electrochemical, Landauer, Harmonic
According to GuruFocus' list of five-year lows, these Guru stocks have reached their historical low prices: Lumber Liquidators Holdings Inc., Park Electrochemical Corp., Landauer Inc., Harmonic Inc. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Top Insider Buys, Sells of the Week Insiders at Facebook and Glu Mobile trade company shares David Dreman, Joel Greenblatt, Ray Dalio - Top Insider Buys, Sells Of The Week
The All-in-One Screener can be used to find insider buys and sells over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "February 2016." More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

CEO of ARRIS International Invests in Company Insider buys 10,000 shares Joel Greenblatt,George Soros - CEO Of ARRIS International Invests In Company
Robert Stanzione (Insider Trades), CEO, president and chairman of ARRIS International PLC (ARRS), bought 10,000 shares of the company on Feb. 23. More...

ROBERT STANZIONE, INSIDER TRADES, ARRIS INTERNATIONAL PLC


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

American Airlines Among Stocks Trading With Low P/E Most are largely undervalued Warren Buffett,Joel Greenblatt,Steven Cohen,Prem W - American Airlines Among Stocks Trading With Low P/E
The following stocks are trading with a very low P/E ratio. Most of them are largely undervalued, according to the DCF calculator. More...

  • Currently 4.00/5

Rating: 4.0/5 (1 vote)

Greenblatt Sells Stake in Twenty-First Century Fox Guru invests in Polaris Industries and Owens-Corning in 4th quarter Joel Greenblatt - Greenblatt Sells Stake In Twenty-First Century Fox
Joel Greenblatt (Trades, Portfolio), founder and managing partner of Gotham Asset Management, acquired more than 200 new stakes in the fourth quarter, but it was his divestiture in Twenty-First Century Fox Inc. (NASDAQ:FOXA) that got the most attention. More...

Add Notes, Comments

If you want to ask a question or report a bug, please create a support ticket.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK