Joel Greenblatt's Portfolio and Recent Buys
Joel Greenblatt’s Portfolio and Recent Buys Joel Greenblatt is an American investor and hedge fund manager who heads New York-based Gotham Asset Management. The legendary value investor who is famous for his “Magic Formula” investing debuted on Wall Street working for an investment firm that invests primarily in merger arbitrage. However, Greenblatt later realized that the rate of risk is significantly higher in the merger arbitrage strategy compared to the potential profit-making opportunities. He believed risking $10 to earn a dollar isn’t a wise strategy. Greenblatt then started ...
Source: insidermonkey.com