Active vs. Passive: Getting the Best of Both

Date(s) - 12/05/18
12:00 am - 1:00 pm

Hotel Allegro

Hosted by
CFA Society

Distinguished Speaker Series: Joel Greenblatt

Active vs. Passive: Getting the Best of Both

CFA Society Chicago

Wednesday, December 05, 11:30-1pm

The shift to passive management is a powerful trend dominating the investment industry. The liquidity, lack of tracking error, and low costs associated with passive investing are clearly attractive.  However, active management is the only way to truly outperform the market as a whole over time. Gotham Asset Management founder and co-CIO Joel Greenblatt will share his thoughts on the debate and provide insights on ways to navigate the changing landscape.



Speaker Bio:

Joel Greenblatt serves as managing principal and co-chief investment officer of Gotham Asset Management, the successor to Gotham Capital, an investment firm he founded in 1985. Since 1996, he has been a professor on the adjunct faculty of Columbia Business School where he teaches “Value and Special Situation Investing.” Greenblatt is a director of Pzena Investment Management, Inc., a global investment management firm. He formerly served on the Investment Boards of the University of Pennsylvania and the UJA Federation. Greenblatt is the author of You Can Be A Stock Market Genius (Simon & Schuster, 1997), The Little Book that Beats the Market (Wiley, 2005), The Little Book that Still Beats the Market (Wiley, 2010), and The Big Secret for the Small Investor (Random House, 2011).

Greenblatt is the former chairman of the board (1994-1995) of Alliant Techsystems, a NYSE-listed aerospace and defense contractor. He holds a BS (1979), summa cum laude, and an MBA (1980) from the Wharton School of the University of Pennsylvania.