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The Wall Street Archives on Instagram: "Joel Greenblatt: Turning Boring Math Into Market-Beating Returns He didn’t win by predicting markets. He won by exploiting mispricing. After graduating from Wharton, he co-founded Gotham Capital in 1985. Over the next two decades, the fund compounded at ~40% annually, while the S&P 500 averaged ~12%. Greenblatt focused on special situations—spin-offs, restructurings, and distressed assets—where forced selling and complexity pushed prices below intrinsic va
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