#111 Joel Greenblatt: Investing Made Simple

This podcast features an interview with famed investor Joel Greenblatt, discussing his investment strategies and insights. The conversation covers identifying skill versus luck in investing, evaluating management teams based on past capital allocation, and Greenblatt's perspective on market irrationality and current economic conditions. He emphasizes the importance of simplicity in investment analysis, focusing on easily understandable opportunities rather than complex models. Greenblatt also shares his experience in education reform, highlighting the success of his charter schools and suggesting alternative certification pathways for diverse talent acquisition in corporations. The interview concludes with reflections on long-term value creation and the need for transparency in financial reporting.