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	<title>BuyingValue.com &#187; Market Capitalization</title>
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	<description>Price is What you Pay Value is What you Get</description>
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		<title>Graham vs. Greenblatt (Session 4) Buy some cheap earnings</title>
		<link>http://buyingvalue.com/2008/12/graham-vs-greenblatt-session-4-buy-some-cheap-earnings/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=graham-vs-greenblatt-session-4-buy-some-cheap-earnings</link>
		<comments>http://buyingvalue.com/2008/12/graham-vs-greenblatt-session-4-buy-some-cheap-earnings/#comments</comments>
		<pubDate>Thu, 18 Dec 2008 20:00:00 +0000</pubDate>
		<dc:creator>value investor</dc:creator>
				<category><![CDATA[Ben Graham]]></category>
		<category><![CDATA[Joel Greenblatt]]></category>
		<category><![CDATA[Debt Market]]></category>
		<category><![CDATA[Earnings Yield]]></category>
		<category><![CDATA[Enterprise Value]]></category>
		<category><![CDATA[Market Capitalization]]></category>
		<category><![CDATA[Preferred Stock]]></category>
		<category><![CDATA[Price Earnings Ratio]]></category>
		<category><![CDATA[Return On Capital]]></category>

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		<description><![CDATA[
In our last post we looked at Greenblatt&#8217;s use of Return on Capital as a means of identifying quality companies that know how to turn a small investment into a substantial return. In this posting we will look at his next criteria earnings yield.
What is it?
EBIT
enterprise value
What does it tell us?
EBIT is defined as Earning [...]]]></description>
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		<title>Graham vs. Greenblatt (Session 3) Return on Capital</title>
		<link>http://buyingvalue.com/2008/12/graham-vs-greenblatt-session-3-return-on-capital/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=graham-vs-greenblatt-session-3-return-on-capital</link>
		<comments>http://buyingvalue.com/2008/12/graham-vs-greenblatt-session-3-return-on-capital/#comments</comments>
		<pubDate>Wed, 17 Dec 2008 08:00:00 +0000</pubDate>
		<dc:creator>value investor</dc:creator>
				<category><![CDATA[Ben Graham]]></category>
		<category><![CDATA[Book Review]]></category>
		<category><![CDATA[Joel Greenblatt]]></category>
		<category><![CDATA[Benjamin Graham]]></category>
		<category><![CDATA[Market Capitalization]]></category>
		<category><![CDATA[Return On Capital]]></category>

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		<description><![CDATA[Greenblatt in his book The Little Book that Beats the Market advocated a simple method for attaining substantial stock returns. In this series we are looking at the particulars of this investing theory to both understand why he advocated the elements of this theory and what Benjamin Graham would have thought of the approach that [...]]]></description>
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