Joel Greenblatt Discusses the Thrill of Investing
Masters in Business
00:00
Gotham Index Plus - How Do You Do It?
Most people judge how they're doing for better or worse by seeing if they beat the S&P 500. We said most people are going to stick with things if it's beating the S/P 500 and lose if it's losing by too much to the S-P 500. So what do we do? We're buying the cheapest stocks we can find and putting 90 cents into them in addition to the index, the dollar in the already in the index. And we're shorting 90 cents of our least favorite.
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