Joel Greenblatt compounded at 49% (!) from 1985 to 2005.
And the best thing, he taught a Columbia Class on how to do it.
Here are 7 Investing Gems from his Columbia Classnotes👇🏼
Why moats are critical in digital business.
-Behavior, tech and competition are changing faster and faster.
-Winning is becoming more short-term
-The cost of getting it wrong is increasing.
Overall, the distribution of winners vs. losers is becoming more extreme (see pic).