EP23 Why Spin-offs are Good For Value Investors by Joel Greenblatt

Support this podcast through your donation: https://paypal.me/valueinvesting A legendary value investor, Joel Greenblatt, explains why value investors should pay special attention to spin-off stocks.  This episode covers the four points that make the spin-offs very attractive investments for individual value investors. The shares of the new spin-off stock are distributed to the existing shareholders of the parent company who usually don't want the shares. The spin-off companies are usually small in size, and are not worth for institutional investors. The spin-off event unleashes entrepreneurial forces and creates a better incentive and reward system The very act of the spin-off decision by the executive team is a good indication that the executive team is shareholder-oriented The future episodes will cover the details of what factors you need to look at to identify great spin-off stocks. More details could be found from this book (You Can Be a Stock Market GENIUS). Click here (Value Investing Podcast) to visit this podcast website