Want to create an interactive transcript for this episode?
Podcast: Excess Returns
Episode: A Detailed Look at Joel Greenblatt's Magic Formula Method
Description: Joel Greenblatt produced exceptional returns as managing partner at Gotham Capital, a New York City-based hedge fund he founded. The firm averaged a remarkable 40 percent annualized return over more than two decades .In his 2005 bestseller The Little Book That Beats The Market, Greenblatt laid out a very simple two variable strategy that more than doubled the market return in his testing.Â
In this episode, we take a deep dive into the magic formula, how it works, and its pros and cons.Â
We hope you enjoy the discussion.
ABOUT THE PODCAST
Excess Re...