Explore Joel Greenblatt net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Joel Greenblatt? Who is Joel Greenblatt dating now & how much money does Joel Greenblatt have?
Joel Greenblatt Biography
Joel Greenblatt is one of the most popular and richest Investor who was born on December 13, 1957 in Great Neck, New York, United States.
Greenblatt was born in Great Neck, New York. Greenblatt is a graduate of The Wharton School at the University of Pennsylvania, receiving his B.S. summa cum laude in 1979 and M.B.A. in 1980. At Wharton, his paper “How the small investor can beat the market” was published in The Journal of Portfolio Management.
In 1985, Greenblatt started a hedge fund, Gotham Capital, with $7 million, most of which was provided by junk-bond king Michael Milken. Robert Goldstein joined Gotham Capital in 1989. Through his firm Gotham Capital, Greenblatt presided over an annualized return of 50% (“after all expenses” but “before general partner’s incentive allocation” fees) or 30% (net of fees) from 1985 to 1994 by investing in “”special situations” like spinoffs and other corporate restructurings”. In January 1995 Gotham returned all capital of outside partners (approximately $500 million).
| Name | Joel Greenblatt |
| First Name | John |
| Last Name | Chrispinsson |
| Occupation | Investor |
| Birthday | December 13 |
| Birth Year | 1957 |
| Place of Birth | Great Neck |
| Home Town | New York |
| Birth Country | United States |
| Birth Sign | Sagittarius |
| Full/Birth Name | |
| Father | Not Available |
| Mother | Not Available |
| Siblings | Not Available |
| Spouse | Not Known |
| Children(s) | Melissa Greenblatt, Jonathan Greenblatt, Matthew Greenblatt, Rebecca Greenblatt, Jordon Greenblatt |
Ethnicity, religion & political views
Many peoples want to know what is Joel Greenblatt ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Joel Greenblatt's ethnicity is Not Known. We will update Joel Greenblatt's religion & political views in this article. Please check the article again after few days.
Since 1996, Joel Greenblatt teaches Value investing MBA’s classes at Columbia University Graduate School of Business.
Joel Greenblatt Net Worth
Joel Greenblatt is one of the richest Investor from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Joel Greenblatt's net worth $5 Million. (Last Update: December 11, 2023)
Joel Greenblatt (born December 13, 1957) is an American academic, hedge fund manager, investor, and writer. He is a value investor, alumnus of the Wharton School of the University of Pennsylvania, and adjunct professor at the Columbia University Graduate School of Business. He runs Gotham Funds with his partner, Robert Goldstein. He is the former chairman of the board of Alliant Techsystems (1994-1995) and founder of the New York Securities Auction Corporation. He is also a director at Pzena Investment Management, a high-end value firm.
| Net Worth | $5 Million |
| Salary | Under Review |
| Source of Income | Investor |
| Cars | Not Available |
| House | Living in own house. |
Greenblatt is also famous for his contributions to education in New York City. In 2002, he donated $2.5 million to P.S. 65Q, a public elementary school in the borough of Queens, whose students come largely from the neighborhood’s South American and South Asian immigrant communities. This investment, equal to about $1,000 per student per year over five years, helped P.S. 65Q to go from a struggling school to an urban success story almost overnight. He continues to aid the school in Ozone Park currently as they have continued to rise. Recently the school and principal Rafael Morales received a progress report score of A, scoring 98 out of a possible 100 points.
In 2006, Greenblatt also helped start the Success Academy Charter Schools, then known as the Harlem Success Academy Charter School, an elementary school in the city’s historically African-American neighborhood. He is also a board member of the Institute for Student Achievement, a national leader in developing new small high schools and transforming large comprehensive public high schools into small learning communities.
Height, Weight & Body Measurements
Joel Greenblatt height Not available right now. John weight Not Known & body measurements will update soon.
| Height | Unknown |
| Weight | Not Known |
| Body Measurements | Under Review |
| Eye Color | Not Available |
| Hair Color | Not Available |
| Feet/Shoe Size | Not Available |
From 1995 to 2009 Gotham Capital was closed to outside investors.
In 2000 Gotham Capital, for its first time, helped Michael Burry creating his hedge fund Scion Capital by buying 25% of its capital for one million dollars after taxes. In October 2006, Gotham’s investment in the funds managed by Scion amounted to $100 million. Gotham Capital and other investors wanted their money back but this was prevented by Michael Burry who decided to side pocket (block) between 50 and 55 percent of it, an amount corresponding to his Credit Default Swap short bet which was losing money. Gotham Capital threatened to sue Michael Burry because it was “wildly unconventional to side-pocket an investment for which there was obviously a market”. On “August 31, 2007, Michael Burry lifted the side pocket and began to unload his own credit default swaps” which was now a very profitable bet. The Scion Capital fund was up more than 100 percent. Gotham exited its investments, both in the managed funds by Scion Capital and as a shareholder.
Who is Joel Greenblatt Dating?
According to our records, Joel Greenblatt is possibily single & has not been previously engaged. As of December 1, 2023, Joel Greenblatt’s is not dating anyone.
Relationships Record: We have no records of past relationships for Joel Greenblatt. You may help us to build the dating records for Joel Greenblatt!During 2007 and 2008, Joel Greenblatt, Robert Goldstein and Gary Curhan created a website, inspired by the Value Investors Club, to spur idea sharing in order to advance cancer research. The, finally, unique $1 million Gotham Prize for Cancer Research was awarded in 2008 to Alexander Varshavsky for trying to find a potentially vulnerable feature of cancer cells that won’t change during tumour progression.
Top Facts about Joel Greenblatt
Facts & Trivia
John Ranked on the list of most popular Investor. Also ranked in the elit list of famous people born in United States. Joel Greenblatt celebrates birthday on December 13 of every year.
In 2008 Gotham Asset Management, LLC is created as “the successor to the investment advisory business of Gotham Capital”. In 2010, Gotham started four conventional mutual funds raising $360 million. In January 2014, the mutual funds managed $1 billion. Due to new-money inflows this suddenly increased to $4.8 billion in October 2014 and briefly culminated to $13.1 billion in March 2015. As of November 2019 Gotham Asset Management, LLC manages $5.6 billion.
How did Joel Greenblatt make his money?
Joel Greenblatt has one of the best records on Wall Street. Aside from being an adjunct professor at Columbia University Graduate School of Business, he’s also well entrenched in the Hedge Fund industry through his management of Gotham Capital.
Is Joel Greenblatt a value investor?
One of those value investors is Joel Greenblatt, the chief of Gotham Asset Management, a hedge fund with a 13F portfolio value of more than $3 billion at the end of the fourth quarter of 2021.
What is the magic formula of Joel Greenblatt?
Magic formula investing refers to a rules-based investing strategy that allows ordinary people to identify undervalued or outperforming companies. It was first described by Joel Greenblatt in The Little Book That Beat the Market in 2005.
What does Joel Greenblatt own?
| Alma mater | Wharton School of the University of Pennsylvania |
| Occupation | Managing Principal and Co-Chief Investment Officer of Gotham Asset Management Founder of the New York Securities Auction Corporation Former chairman of the board of Alliant Techsystems |
| Website | Columbia Business School Faculty |
Does Magic Formula Investing Work?
The Magic Formula is famous for returning a 30% CAGR. From 1988 to 2004, it did achieve a 30.8% return, but the CAGR has declined significantly. No strategy can sustain a CAGR of 30%.
You may read full biography about Joel Greenblatt from Wikipedia.ncG1vNJzZmiZnKGzornOrqqboaKptaWt2GeaqKVfn7ymuIygqZ6dnpe5osDTaA%3D%3D