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

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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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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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