Greenblatt reveals his thoughts on the economy and his strategy for 2023. Joel Greenblatt believes the market is 'emotional in the short term, but eventually gets things right.'. He forecasts a 63% increase in stock prices over the next 2 years, 'if historic patterns, translate into the future.'

S&P 500 Price to Book Value was 4.03 as of 2023-01-24, according to S&P Dow Jones Indices. Historically, S&P 500 Price to Book Value reached a record high of 5.06 and a record low of 1.46, the median value is 2.83. Typical value range is from 2.61 to 3.89.