Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Joel Greenblatt Interview

We haven’t covered Joel Greenblatt’s stock picks recently. His flagship fund, Gotham Absolute Return (GARIX), returned 58.6% since its inception in August 2012. This fund is supposed to be 50-60% net long. S&P 500 Index returned 112% during the same period, a fund that’s 50-60% net long the S&P 500 Index would have returned 56-67% during this period. It seems like Greenblatt’s main strategy hasn’t really delivered any alpha after fees and expense.

Below, you can see Consuela Mack’s interview with Joel Greenblatt. Greenblatt talks about his better performing Gotham Index Plus (GINDX) fund. This fund is 190% long and 90% short, so its net exposure is comparable to the S&P 500 Index (though we believe it is riskier than the SPY). This fund returned 46% since its inception 3 years ago. S&P 500 Index returned only 37% during the same period. We should note that Gotham Index Plus’ returns are better than the market but not nearly as good as Insider Monkey’s flagship strategy which returned 81.5% since its inception 4 years ago and outperformed the SPY by 30 percentage points (you can download the latest issue of our quarterly newsletter by creating a free account).

a

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...