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The BIG difference is someone can go invest in Greenblatt or Icahn's fund with a reasonable expectation of these returns ongoing. Not so with a lottery winner.
by Gustomaximus 10y ago
The BIG difference is someone can go invest in Greenblatt or Icahn's fund with a reasonable expectation of these returns ongoing. Not so with a lottery winner.
- mehwoot 10y agoJoel Greenblatt's new funds that he set up since returning in 2009 haven't done well, they have performed below the S&P 500 Index from 2009-2015: http://www.forbes.com/sites/antoinegara/2015/07/31/value-guru-joel-greenblatt-gotham-performance-market-magic-formula/#267fdd9a3231 http://www.forbes.com/sites/antoinegara/2015/07/31/value-gur...