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Joel Greenblatt on Relative Value Investing (Podcast)

Masters in Business

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Is Value Investing Dead or Going to Continue?

Over the past five years, value investing has struggled. If people are willing to pay growth at any price, then that's not a good period for Value Investing. But if you define value like we do, figure out what a business is worth and pay a lot less, that's what I define it as.

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