“My goal is to buy a company at a low multiple to normal earnings power several years out and that the company earns good returns on capital at that level of normal earnings. A holding period of more than one year also works quite well as the factors are persistent in years 2 and 3.”
Quote by Joel Greenblatt
Author
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“During inflation, Goodwill is the gift that keeps on giving.”
“To get or not to get what we desire can be equally disappointing.”
“Yes, I am going into the woods; I am going into the unity of all things.”
Source: Siddhartha: An Indian Tale
“What we all desire is the fullest, highest expression of ourselves.”
