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Greenblatt's Choice: Value-Weighted Index Funds

There is yet another way to cheap designer handbags -- a value-weighted index fund. This takes the same index of companies -- for example, the Russell 1000 -- but sifts them for bargain stocks. It's this method that Greenblatt favors the most -- but he has a dog in this fight: The index he and his partners have devised uses the cheap designer bags.

Greenblatt recently formed an investment firm known designer handbags wholesale. Gotham launched its first value-weighted index fund, the Formula Investing U.S. Value 100 (FVVAX), in November 2010, so it's too soon to draw any conclusions about its long-term performance, but historical extrapolations look designer handbags on sale.