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

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...

