Value-Weighted Indexing: The Problem with Active Management
Joel Greenblatt’s rationale for a value-weighted index can be paraphrased as follows: Most investors, pro’s included, can’t beat the index. Therefore, buying an index fund is better than messing it up...
View ArticleEqual Weight and Fundamental Indexing Beats The Market
Joel Greenblatt’s rationale for a value-weighted index can be paraphrased as follows: Most investors, pro’s included, can’t beat the index. Therefore, buying an index fund is better than messing it up...
View ArticleWhy Does an Equal-Weighted Portfolio Outperform Market Capitalization- and...
Yesterday I took a look at the different ways of structuring an index suggested by Joel Greenblatt. Greenblatt finds that an equal-weight portfolio far outperforms a market capitalization weight...
View ArticleChart of Equal-Weight S&P500 Index vs Market Capitalization-Weight Index
It’s a year old, but it’s still sweet. A chart from Tom Brakke’s Research Puzzle pix comparing the performance of the S&P500 and its equal weight counterpart from 2000 to March 2011: Tom thinks the...
View ArticleHow To Beat Most Active Managers: A Performance Analysis of Fundamental...
The rationale for a value-weighted index can be paraphrased as follows: Most investors, pro’s included, can’t beat the index. Therefore, buying an index fund is better than messing it up yourself or...
View ArticleMan versus Magic Formula: Joel Greenblatt’s Value Investors’ Club vs his...
The only fair fight in finance: Joel Greenblatt versus himself. In this instance, it’s the 250 best special situations investors in the US on Joel’s special situations site valueinvestorsclub.com...
View ArticleHow to beat The Little Book That Beats The Market: Redux
Last May in How to beat The Little Book That Beats The Market: An analysis of the Magic Formula I took a look at Joel Greenblatt’s Magic Formula, which he introduced in the 2006 book The Little Book...
View ArticleHow to beat The Little Book That Beats The Market: Redux (Part 2)
In How to Beat The Little Book That Beats The Market: Redux I showed how in Quantitative Value we tested Joel Greenblatt’s Magic Formula outlined in The Little Book That (Still) Beats the Market). We...
View ArticleHow to beat The Little Book That Beats The Market: Redux (Part 3)
In How to Beat The Little Book That Beats The Market: Redux (and Part 2) I showed how in Quantitative Value we tested Joel Greenblatt’s Magic Formula outlined in The Little Book That (Still) Beats the...
View ArticleControlling For Quality in Value Portfolios: How to improve the performance...
In the How to beat The Little Book That Beats The Market (Part 1 2, and 3) series of posts I showed how in Quantitative Value we tested Joel Greenblatt’s Magic Formula (outlined in The Little Book That...
View Article
More Pages to Explore .....