Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match.
Investors
Joel Greenblatt
Born in 1957, Joel Greenblatt is the founder of Gotham Capital and an adjunct professor at Columbia Business School. He devised the 'Magic Formula' — a system that ranks stocks by just two metrics, earnings yield and return on invested capital — and demonstrated that it consistently beats the market. A rare figure who straddles academia and practice, he has worked to make value investing accessible to everyone.
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Joel Greenblatt's Other Quotes
You can't really teach someone to be a great investor. But you can teach them to avoid the common mistakes.
Buying good companies at bargain prices is the secret to making a lot of money.
The magic formula works, but most people don't have the patience to stick with it.
The stock market is there to serve you, not to instruct you.
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