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by Gustomaximus 3564 days ago
The BIG difference is someone can go invest in Greenblatt or Icahn's fund with a reasonable expectation of these returns ongoing. Not so with a lottery winner.
1 comments
mehwoot 3564 days ago
Joel Greenblatt's new funds that he set up since returning in 2009 haven't done well, they have performed below the S&P 500 Index from 2009-2015:

http://www.forbes.com/sites/antoinegara/2015/07/31/value-gur...

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