Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Q&A With Joel Greenblatt, Manager, Gotham Large Value Fund: (GVALX)
FYI: Joel Greenblatt laughs when asked if value investing—the struggling style of money management that he champions—is dead.
“Yes, no, maybe, and I don’t care,” he says. “That about covers it.”
The co-founder of Gotham Asset Management—which runs both hedge funds and traditional mutual funds using Mr. Greenblatt’s take on value investing—knows his Gotham Large Value fund (GVALX) proves that the investment style can work. The fund has a five-star rating from Morningstar Inc. and has ranked in the top 5% of its peer group since its inception at the start of 2016, according to the research firm. Regards, Ted https://www.wsj.com/articles/a-value-investor-defends-value-investing-despite-its-recent-track-record-11570414080