It just seems logical that sticking to investing in only a small number of companies that you understand well, rather than moving… — Joel Greenblatt Copy Share Image
I wait until an investment idea is so good, it hits me over the head like an anvil. — Joel Greenblatt Copy Share Image
Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match.… — Joel Greenblatt Copy Share Image
So one way to create an attractive risk/reward situation is to limit downside risk severely by investing in situations that have a… — Joel Greenblatt Copy Share Image
Over the long term, despite significant drops from time to time, stocks (especially an intelligently selected stock portfolio) will be one of… — Joel Greenblatt Copy Share Image
There’s a virtuous cycle when people have to defend challenges to their ideas. Any gaps in thinking or analysis become clear pretty… — Joel Greenblatt Copy Share Image
Something out of the ordinary course of business is taking place that creates an investment opportunity. The list of corporate events that… — Joel Greenblatt Copy Share Image
Look down, not up, when making your initial investment decision. If you don’t lose money, most of the remaining alternatives are good… — Joel Greenblatt Copy Share Image
We are busy surviving, herding, fixating on what just happened, and being overconfident! — Joel Greenblatt Copy Share Image
There's a clarity that comes with great ideas: You can [easily and simply] explain why something's a great business, how and why it's cheap,… — Joel Greenblatt Copy Share Image
The secret to investing is to figure out the value of something - and then pay a lot less. — Joel Greenblatt Copy Share Image
Remember, it’s the quality of your ideas not the quantity that will result in the big money. — Joel Greenblatt Copy Share Image
“Perhaps, since the measurement of potential gain and loss from a particular stock is so subjective, it is easier, if you are a professional… — Joel Greenblatt Copy Share Image
Here is part of the tradeoff with diversification. You must be diversified enough to survive bad times or bad luck so that skill and… — Joel Greenblatt Copy Share Image
It just seems logical that sticking to investing in only a small number of companies that you understand well, rather than moving down the… — Joel Greenblatt Copy Share Image
I wait until an investment idea is so good, it hits me over the head like an anvil. — Joel Greenblatt Copy Share Image
“When thinking about risk, rather than making things unnecessarily complicated, there are really two main things you should want to know about an investment… — Joel Greenblatt Copy Share Image
“Graham figured that always using the margin of safety principle when deciding whether to purchase shares of a business from a crazy partner like… — Joel Greenblatt Copy Share Image
I think the exercise of trying to figure out how to simplify concepts has been incredibly helpful to me over the last 13 years… — Joel Greenblatt Copy Share Image