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Joel Greenblatt: Valuing Stocks, Decline Of Active Management and Portfolio Structure (2018)

A interview and Q&A with value investor and author, Joel Greenblatt. In this interview, Joel discusses how he values a business and the value investment strategy. Joel also talks about the decline in money being managed by active managers and how he weights and sizes stocks in his portfolio. ? Books by Joel Greenblatt and his favourite books are located at the bottom of the description❗

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Other great Value Investor videos:⬇

Seth Klarman on Value Investing, Investment Strategies and Advice for Success:http://bit.ly/SKVid

Billionaire Prem Watsa: Value Investing Philosophy and Strategy: http://bit.ly/PWVid1

Video Segments:
0:00 Introduction
2:36 S&P 500 and valuation
6:08 Value investing
9:14 The market will agree with good valuation work
10:53 Valuing businesses
16:46 Why is it so hard to do?
18:25 Independent thought and active management
29:40 Mutual fund flows
34:32 Start of Q&A
34:58 Dispersion of opportunities in today’s environment?
36:57 Handling emotional aspects of investing?
44:30 Special situations today?
48:15 How do you weight valuation metrics?
48:56 How do you go about sizing?
51:06 Value vs growth?
51:58 What percentage of your portfolio would be international?
53:45 Role of human beings in your process?
57:36 Testing your strategy?

Joel Greenblatt Books ??? (affiliate link)
The Little Book That Still Beats the Market:http://bit.ly/TheLittleBookJG
You Can Be a Stock Market Genius:http://bit.ly/StockMarketGenius
The Big Secret for the Small Investor:http://bit.ly/BigSecretSmallInvestor

Joel Greenblatt’s Favourite Books?
Value Investing: From Graham to Buffett and Beyond:http://bit.ly/ValueInvestingJG
New Finance:http://bit.ly/NewFinanceJG
The Essays of Warren Buffett:http://bit.ly/TheEssaysofWB

Interview Date: December 2018
Event: CFA Distinguished Speaker Series
Original Image Source:http://bit.ly/JGreenblattPic4

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