Value investor Greenblatt says market in expensive range historically, likes Home Depot, Boeing

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Value investor Greenblatt says market in expensive range historically, likes Home Depot, Boeing
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Value investor and Gotham Funds co-chief investment officer Joel Greenblatt spoke with CNBC on Tuesday from the Third Annual Forbes SHOOK Top Advisor Summit.

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The founder of Gotham Capital famously had annual returns of 40 percentfrom 1985 to 2005.

He wrote the New York Times best-seller"The Little Book That Still Beats the Market." This story is developing. Please check back for updates.

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But Buffett said stocks were cheap yesterday. So confusing.

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