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Quote by Joel Greenblatt

“Value investing doesn't always work. The market doesn't always agree with you. Over time, value is roughly the way the market prices stocks, but over the short term, which sometimes can be as long as two or three years, there are periods when it doesn't work. And that is a very good thing. The fact that our value approach doesn't work over periods of time is precisely the reason why it continues to work over the long term.”

Quote by Joel Greenblatt

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Joel Greenblatt
Joel Greenblatt

Joel Greenblatt is a renowned investment manager, born on December 13, 1957. He has extensive experience in the investment field, particularly known for his value investing and arbitrage strategies. more

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Author:Joel Greenblatt
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