Value Investing Guru Joel Greenblatt Sees Shift to "High Quality" Stocks

I don't like MHP for two reasons: I think S&P is going to be more regulated and I think that book publishing in the long term will be replaced by electronic media. As to investing in 20 - 30 stocks, it will take the average long term investor 10 or more years to build that kind of portfolio with many missteps; a 100K investment minimal. I don't think there is anything new in this guys approach and just looking at last years earnings (2009 for example) would totally mislead an individual.

22% returns with S&P or Moodys it's probably all about accounting manipulation. Government/Banking rating agencies. No Senator should be in office more than 2 terms (12 years) and no Congressmen/women should be in office more than 3 terms (6 years) otherwise they do too much harm to us all. VOTE OUT the INCUMBENTS in 2010.

wow... everyone doesn't know the answer for all these companies... very very interesting..... hmm? promoting your 2005 book because?

I wish I could recommend some of the comments. Some of you people are brilliant.

Good Morning Gang! Happy Wednesday! Jesus loves all the children of the world! Investing for peace of mind requires market wise wisdom. Got wisdom? I hope so...if not, get some or let someone else make the decisions for you. Quite frankly, true prosperity has little to do with the market place. The origin of intelligence comes from having God in mind. None the less, even a fool can make a decent buck or too picking stocks. I like large caps and index funds, and mutual funds with little or no heavy load. I have only pennies to spare, but I am rich beyond compare! God bless Wall St. Jesus loves you! later friends...smiles....

YFU post @ 9:48- Where are the patriots? My guess is they are over at Starbucks, you know- I will be a patriot after my coffee.

85 BLN heist of WAMU conducted by corporate thug aka Jamie Demon and Corrupt / inept regulator Sheila Bear and OTS chief JOhn Reich of OTS to defraud millions of Wamu investors!!! A well capitalized bank was a victim of corruption and deceit. 300+ BLN deposits 20+ bln valued Credit card business 10+ bln of commercial lending business Trillions of $ Mtg servicing rights and business 3000+ branch network and other real estate assets were stolen from WAMU Investors by a coordinated fraud by Treasury/FDIC/OTS and the greatest wallstreet Crook and Thief JAMIE DEMON. Millions of shareholders life savings were lost, children's education were ruined and retirement incomes evaporated by their fraudualent conveyance!!! This is the largest heist in human history conducted by the greatest theif of WALL STREET JAMIE DEMON!!!

Actually...YFU, I'm ready. That's the ONLY thing that''s going to bring us "change we can believe in."

Actually YFU, I'm ready. That's the only way we're gonna get "change we can believe in."

There is some truth about the physical production of textbooks but MH is moving into the distribution of ebooks. Instead of large back packs students will soon be carrying their textbooks on their laptops. There should also be appreciable saving in production, shipping and warehousing costs.

What guest on Tech Ticker has ever said to by low quality stocks? Its just hard to believe someone who relies on a magic formula.

Think about this...Amazon invested heavily in Kindle, and they definitely know what they're doing. Ebooks are taking over. There are 200,000 books published each year, not counting the self-published ones. The average book only sells 1,000 copies. I wonder who's reading them since only a small percentage of the population reads books. That's been proven over and over again. That's why the dumbing down of America continues. :)

It's a little something I like to do before I go to bed at night. Empty my wallet in a mason jar and bury it in the back yard. For only Benjies a day your wife is secure in knowing your benefits can never be canceled. You owe it to your family-Colonial Penn shovels.

Indeed, there are a lot of companies that are great values. They do not get the headline stories that JPM, GM, Goldman Sachs get, but these companies with strong fundamentals have been unjustly sold off along with the troubled companies. Over time, companies with strong cash flow and clean balance sheets will perform very well. I'd like to thank Greenblatt for focusing us again on what matters.

I read the book. It should be in every home. It is full of horse sense. Currently the magicinvestingformula is free and you can see the universe of stocks. I tried it for two years and was happy, but I don't feel comfortable owning individual stocks, now I am in ETF's. I think the system is very useful, if you are patient. Trading costs need to be kept low, I also worked with a broker to oversee what companies he thought might had better future potential. I didn't have enough confidence just randomly picking companies and suggested by Greenblatt. Greenblatt is a very clever money guy and has also written some great books on other nonconventional investing strategies. He is an authentic successful hedge fund guy.

Another scum bag criminal looking to make their mortagage payment off america... or what was once america. Guy talks allot but doesn't say much... typical Hopefully all the crooks will be delt with the FAMILY way.

Where are the patiots?Busy getting their rights taken away and being brainwashed into gayness and sheeple mindsets.We should have risen up after the first wallstreet bailout.But you know there are over 1 million american troops stationed in the u.s.

Pick stocks of American companies that make something tangible that actually has value - Alcoa (AA), Mosaic (MOS) or U.S. Gypsum (USG). Part of the problem with America's economy is that no one makes anything of any tangible value any more. These financial services companies like Goldman Sachs just shuffle paper around. They don't PRODUCE anything! When push comes to shove in the future, the survivors will be those who actually create wealth by manufacturing, mining or producing food. Dump the companies that create nothing!