Joel Greenblatt Bloomberg 10-19-09

Tue, Oct 20, 2009

Magic Formula Investing

On the same day that Joel Greenblatt appeared on CNBC, he also appeared on Bloomberg. I took some quick notes on the video. I found the Bloomberg video a bit more informative as he actually talked about stocks and sectors, whereas his appearance on CNBC he was questioned more on the magic formula investing strategy.

Notes On Joel Greenblatt’s Appearance On Bloomberg

  • Buy a portfolio of stocks that are cheap and earns high returns on capital
  • Construction and Engineering Stocks come up as cheap
  • Don’t worry about where the market is going, worry about what you buy
  • There are few places to protect yourself from inflation

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  1. [...] site. This is the third Joel Greenblatt video that I write about in a a 2 week span (you can see Joel Greenblatt on Bloomberg or Joel Greenblatt on CNBC), but I don’t mind. For those still not familiar with magic [...]

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