The Little Book that Beats the Market | Joel Greenblatt | Talks at Google

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Published 2017-04-04
Joel Greenblatt is a managing partner of Gotham Capital, a hedge fund that he founded in 1985 and Gotham Asset Management, a manager of hedge funds and long/short mutual funds. He is the former Chairman of the Board of Alliant Techsystems, a NYSE listed aerospace and defense company.

Since 1996, he has been a professor on the adjunct faculty of Columbia Business School where he teaches Value and Special Situation Investing. He is the author of three books, You Can Be A Stock Market Genius (1997), The Little Book That Beats The Market (2005), and The Big Secret for the Small Investor (2011).

Mr. Greenblatt is a co-founder of Success Academy Charter Schools, a network of 41 charter schools in New York City and the former Chairman of the Board of Overseers of the Graduate School of Education at the University of Pennsylvania. He holds a BS and an MBA from the Wharton School.

Brief outline of topics covered:
How to think about the Stock Market
Active vs. Passive Investing, which should you choose?
Is the market really efficient? What does that mean?
What is the opportunity for active investors, if any?
What are the opportunities for individual investors?
How should most people invest?
How should you invest?

This talk was moderated by Saurabh Madaan.

All Comments (21)
  • @harrisonjamie794
    After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?
  • @MrAdhito
    | [ Bookmark For Me ] | 9:01 - Valuation Methodology 18:22 - Proof human is a terrible investor even at the hand of competent manager 19:08 - What top fund go through 22:03 - Buy all automatic vs Picking on a approved list. 26:48 - Best strategy’s 37:01 - Importance of Compound Interest
  • @achille295
    Single, most useful video on Value Investing on youtube at the moment.
  • I absolutely had to Thank You Guys for Uploading this Talks. Joel is simply amazing. Dropping value bombs everywhere. Lots of Gems. You rock Guys.
  • I love Joel and his clarity on the stock market. He's open minded about investing and states that there are various strategies that work for different types of investors in different stages of portfolio building.
  • @BibinBCherian
    This is a great man - an elite investor who has shared his valuable knowledge and experience with many - an excellent teacher. Thanks to Google and Saurabh for sharing such valuable insights.
  • @robliez8655
    People that work at Google are so lucky. I would pay to attend his lectures.
  • @LukeMassie-or9gn
    I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?
  • @benkizemchuk
    This is one of the best presentations ever about investing.
  • Joel, you share your knowledge impressively and I thank you soo much for it. I understand a general idea about it but I believe I got what you are saying. Thank you again
  • @dhedc
    Very good talk. Thank you.
  • Joel Greenblatt definitely knows his stuff. He has a deep understanding of how the stock market works. Despite the obvious "uh"s, this talk does share some truly valuable insights. Thanks!
  • @guharup
    after 15 years in investing, still everytime i hear Joel I learn something. Truely great. Although he has repeated a lot of his stuff.
  • @crypticnomad
    Amazing content thank you. It took some effort to deal with his stop words but overall very informative