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Joel Greenblatt is an American investor, hedge fund manager, and author. He was born on December 13, 1957, in Great Neck, New York. Greenblatt is widely known for his investment philosophy centered around value investing and his success as a fund manager.

Greenblatt is the co-founder and managing principal of Gotham Asset Management, a hedge fund firm based in New York City. He co-founded the firm in 1985 and has been instrumental in developing its investment strategies. Greenblatt’s investment approach combines quantitative analysis and value investing principles to identify undervalued companies with strong business fundamentals.

One of Greenblatt’s most notable contributions to the investment community is the development of a widely recognized investment strategy called the “Magic Formula.” This strategy, outlined in his book “The Little Book That Beats the Market,” focuses on investing in companies with high earnings yields and high returns on capital. The Magic Formula has gained popularity among individual investors as a systematic approach to selecting stocks.

Prior to founding Gotham Asset Management, Greenblatt was a successful fund manager at the investment partnership Gotham Capital, which he founded in 1985. The fund achieved outstanding returns during its existence, and its success brought Greenblatt considerable attention in the investment industry.

In addition to his investment career, Greenblatt is also an accomplished author. He has written several books on investing, including “You Can Be a Stock Market Genius” and “The Big Secret for the Small Investor,” which provide valuable insights and strategies for individual investors.

Greenblatt is a strong advocate for teaching financial literacy and investing principles to individuals. He has been involved in educational initiatives, including the founding of the Value Investors Club, an online community for sharing investment ideas.

Joel Greenblatt’s investment expertise, successful track record, and contributions to the field of value investing have earned him a respected position in the investment community. His investment principles continue to influence and inspire investors around the world.