Greenblatt Recommends Super-Caps For Retail Investors
Joel Greenblatt, the value investor and academic known for popularizing his Magic Formula approach to investing, gave a rare interview with CNBC, recommending that retail investors (or at least the kind of investor who might be watching CNBC for investment ideas) stick to the top 20 names on the S&P 500 (INDEXSP:.INX) because they are reasonably well-priced.
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