Finding Deep Value Stocks with the Acquirer’s Multiple

By Justin J. Carbonneau (@jjcarbonneau) —  In 2005, Joel Greenblatt, a successful hedge fund manager, published an incredibly simple book on disciplined value investing. The book, The Little Book that Beats the Market, went on to be a best seller. In the book, Greenblatt developed a method that sought to combine Ben Graham’s deep value stock selection approach with that of Warren Buffett, who is mostly known for buying high quality and profitable companies at… Read More