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Joel Greenblatt Talks About How To Value A Business

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Rupert Hargreaves
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Last week, at the Metropolitan Club in New York, the inaugural edition of Value Invest New York took place. Joel Greenblatt of Gotham Asset Management spoke at the event on the topic of value investing and whether or not it is still relevant today.

Q3 hedge fund letters, conference, scoops etc

Joel Greenblatt

In my previous article on Greenblatt's speech, I covered his views on value investing in the current environment and why the Co-Chief Investment Officer of Gotham Asset Management thinks many investors approach value investing from the wrong perspective.

He also spoke about the valuation process the team at Gotham uses to analyze companies, starting with the following simple analogy:

"How to value companies… The...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha