My esteemed Seeking Alpha colleagues Mike Taylor and Daniel Shvartsman continue their review of Joel Greenblatt’s approach to value investing. In this third of four installments (47:21), they analyze Greenblatt’s take on bankruptcies, LEAPs, restructurings, and still 'odder' corners of the market. In particular, Greenblatt discusses when to hold and when to sell, and embraces leverage.
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