Quotes by Joel Greenblatt

Joel Greenblatt

Choosing individual stocks without any idea of what you’re looking for is like running through a dynamite factory with a burning match. You may live, but you’re still an idiot.

Funny

Ideas

Running

Figure out what something is worth and pay a lot less.

Figures

Pay

Here is part of the tradeoff with diversification. You must be diversified enough to survive bad times or bad luck so that skill and good process can have the chance to pay off over the long term.

Long

Luck

Skills

I don’t know too many people that are good at timing the market relative to macro-economic events.

Events

People

Timing

I still believe that for good business analysts a concentrated portfolio is a good strategy combined with a long term horizon. Once again, the secret to success in following the formula strategy is patience, a quality in short supply for both professionals and individual investors alike. I think investors should have a large portion of their assets in equities over time.

Believe

Should Have

Thinking

I think the exercise of trying to figure out how to simplify concepts has been incredibly helpful to me over the last 13 years of teaching and I hope my students have benefited from it.

Exercise

Teaching

Thinking

I wait until an investment idea is so good, it hits me over the head like an anvil.

Anvils

Ideas

Waiting

If I plug my estimates into the Magic Formula, and it comes out cheap, that’s good.

Formulas

Magic

Plugs

If you spend your energies looking for and analysing situations not closely followed by other informed investors, your chance of finding bargains greatly increases.

Chance

Energy

Increase

It just seems logical that sticking to investing in only a small number of companies that you understand well, rather than moving down the list to your thirtieth or fiftieth favorite pick, would create a much greater potential to earn above-average investment returns.

Average

Moving

Small Numbers

Follow The Behaviour University in order to get the greatest quotes from the greatest people of all time so that you can tap into your own greatness.

Alternatives

Anvils

Average

Believe

Busy

Chance

Company

Decision

Earning

Energy

Events

Exercise

Expectations

Figures

Formulas

Funny

Goal

Groups

Happened

Ideas

Increase

Independent

Investing

Levels

Long

Looks

Luck

Magic

Moving

Needs

Opportunity

Past

Pay

People

Plugs

Portfolios

Quality

Remember

Rights

Risk

Running

Safety

Secret

Should Have

Simple

Sitting

Skills

Small Numbers

Smart

Surviving

The Future Blueprint

Tool

The Home Therapist: Anti Anxiety

Tool

The Autobiography

Tool

The Behaviour Diary

Tool

The Dating Diary

Tool

The Relationship Therapist

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Quotes by Joel Greenblatt

Joel Greenblatt

Choosing individual stocks without any idea of what you’re looking for is like running through a dynamite factory with a burning match. You may live, but you’re still an idiot.

Figure out what something is worth and pay a lot less.

Here is part of the tradeoff with diversification. You must be diversified enough to survive bad times or bad luck so that skill and good process can have the chance to pay off over the long term.

I don’t know too many people that are good at timing the market relative to macro-economic events.

I think the exercise of trying to figure out how to simplify concepts has been incredibly helpful to me over the last 13 years of teaching and I hope my students have benefited from it.

I wait until an investment idea is so good, it hits me over the head like an anvil.

If I plug my estimates into the Magic Formula, and it comes out cheap, that’s good.

If you spend your energies looking for and analysing situations not closely followed by other informed investors, your chance of finding bargains greatly increases.

It just seems logical that sticking to investing in only a small number of companies that you understand well, rather than moving down the list to your thirtieth or fiftieth favorite pick, would create a much greater potential to earn above-average investment returns.

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Topics by Joel Greenblatt

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The Future Blueprint

The Home Therapist: Anti Anxiety

The Autobiography

The Behaviour Diary

The Dating Diary

The Relationship Therapist

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