Compounding Quality
Compounding Quality

@QCompounding

4 Tweets 2 reads Jan 26, 2023
Joel Greenblatt is one of the best investors in the world.
Between 1985 and 2005, he compounded at 49% (!) per year.
We've now added all the class notes of his lectures to our website (> 300 pages).
qualitycompounding.substack.com
His books are a must read too:
Did you know that Greenblatt's Magic Formula managed to return 33% (!) per year to shareholders between 1988 and 2004?
The basics of the Magic Formula:
1.Buy stocks with a return on capital
2.In combination with a high earnings yield
When you do this, you combine the best of both worlds: you buy good companies which are cheap.

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