A hedge fund returned 50% a year for ten years straight. In 2005 the man who ran it sat on a desk at Columbia and taught the entire method to 30 students for free. No bank, no fund, no business school has ever promoted the recording.
His name is Joel Greenblatt. He ran Gotham Capital from 1985 to 1994. Almost nobody sustains 50% annually for a single year. He did it for ten. Then in 1995 he returned all outside capital, kept running his own money, and walked into a classroom.
The first lecture is about corners of the market where the usual buyers are structurally forced to sell regardless of price. Spinoffs, restructurings, situations where an index fund must dump a stock the day it leaves the index. He does not teach a screener or a formula. He teaches why these corners exist at all, and why they keep existing after everybody knows about them.
The uncomfortable part is what he says about diversification. He held very few positions. It runs directly against everything the business school teaches two floors down. Columbia charges $80K a year in tuition. The man upstairs gave away the method for free.
Every screener is free now. Every filing is searchable. The constraint was never information. It was knowing which information to ignore.
Filmed from the back row, audio uneven, students blocking the frame. He gave away 50% a year to a room of 30 people. Almost nobody traded on it.
One classroom. One camera. The full lecture is free. It is in the video.
THE OLDEST GUY AT MY ADHD SUPPORT GROUP IS 71. HE RUNS HIS LIFE ON 8 RULES. I WROTE DOWN EVERY ONE.
Diagnosed at 64. Built three businesses undiagnosed. When he talks, the whole room goes quiet.
In 2008, Malcolm Gladwell explained why some people succeed and some don't in a single 1-hour talk.
This will permanently change the way you think about talent, effort, and success.
Bookmark & watch today, no matter what.
Unemployed people in:
1990:
- Wake up
- Have breakfast
- Chill
- Dad finds you a job
2002:
- Meet up with friends
- Binge-watch a movie
- Enjoy sunny weekends
- Friends connect you to a job
2026:
A Stanford neuroscientist warns high cortisol wrecks memory, enlarges your fear center, and makes your brain feel broken.
If I wanted to lower it naturally, I’d do these 8 things every day:
1. Walk barefoot on grass for 5–7 minutes.