Tuesday, June 26, 2012

Joel Greenblatt quote (thinking about the market)

“I think the difference between those who succeed and those that fail is how they think about the market. Everyone is bombarded every day with price movements, explanations for those price movements, macro events, and lots of other information. You need a methodology to cut through all that information and see things as they are.” –Joel Greenblatt (as quoted in the book Hedge Fund Market Wizards)