Comments for Contrarian Value Investing

Comment on Magic Formula Investing 101 by DW

DW — Wed, 03 Feb 2010 03:24:06 +0000

“The funny thing about Wall St. is, it is full of idiots who will tell you AIG will go to $30 “because the options say so”. ”

Well… today AIG is worth 1$.

I guess they weren’t idiots after all…

Comment on Mr. Market and Value Investing by Bob Dole

Bob Dole — Wed, 06 Jan 2010 20:24:58 +0000

You’ve been doing MFI for awhile now, how are your gains over the last few years?

Comment on Magic Formula Results by Jeff

Jeff — Fri, 04 Dec 2009 19:22:16 +0000

Wonder if you or anyone else have tried to screen for magic formula stock using value line. I want to at least experiment with this because the one shortcoming I sense in the magicformula.com screener is that the stocks aren’t ranked according to the formula in the book. They are simply presented in alphabetic order. If I can’t buy all 30, I would think I would want to buy the highest ranked first. Thoughts?

Comment on Mr. Market and Value Investing by Bobby

Bobby — Sat, 31 Oct 2009 21:48:08 +0000

Given what happened to the markets on Friday, this post looks eerily prescient.

Comment on The Evolution of A Value Investor by thomas adair

thomas adair — Thu, 08 Oct 2009 17:26:08 +0000

The Holy Grail to Investing.

The utlimate business solution. The ability to cut the cost of any business expense, or just plain invest.

Developed multiple arbitrages for the financial markets. Arbitrages that produce just a few percent a year, to arbitrages that produce over 30 percent a year.

In 2001 i started developing, as of now, a dozen arbitrages. I lock in an X percentage, and Y time later, i close out the arbitrage. Over 30%/yr.

Risk-Free Investing is not only possible, but in abundance. Just that people are told and taught that it is impossible. No risk has been in front of all, but not seen.

The market is unlimited.

I’m interested in selling, or partnering to sell, or partner in a business that uses my arbitrage.

Thomas
352-283-3326
HolyGrailToInvesting@hotmail.com

Comment on Great Jim Rogers Video by Petrean

Petrean — Sun, 20 Sep 2009 16:28:05 +0000

Great website, adding your to my RSS !!

Comment on Magic Formula Results by Allie H

Allie H — Sat, 12 Sep 2009 09:35:10 +0000

You’re damn right it works. I came across some money from my wedding, ($15,000 to be precise) in May 2008. I thought I should put it away for my kids. I chanced upon Mr. Greenblatt’s book and he makes total sense to me. I followed the book’s recommendations exactly, and invested in 30 stocks randomly, from May ‘08 to Jan ‘09 (all through the horrible collapse) at one point my investments were worth one-third, but today Magic Formula has returned 30.2% vs. S&P’s -26.8% (over the period
May 22,2008 to Sept 11,2009) . The list of the issues bought were:

May 22, 2008 Vaalco Energy
May 22, 2008 American Software
May 22, 2008 American Eagle Outfitters
Jul 2, 2008 Lam Research
Jul 2, 2008 Chinacast Education
Jul 14, 2008 Biovail Corp
Jul 14, 2008 Kla-Tenor
Aug 12, 2008 Rocky Mountain Chocolate Ftry
Aug 4, 2008 Lorillard Inc
Aug 4, 2008 Microsoft Corp
Sep 4, 2008 Bare Escentuals
Sep 4, 2008 BP Prudhoe Bay
Sep 24, 2008 Nucor Corp
Sep 24, 2008 Darling Intl Corp
Nov 5, 2008 Graham Corp
Nov 5, 2008 CF Industries Holdings
Nov 5, 2008 Radioshack Corp
Nov 5, 2008 Chart Industries
Dec 10, 2008 Mosiac Co
Dec 10, 2008 CTC Media
Dec 10, 2008 KHD Humboldt Wedag
Dec 17, 2008 Manitowoc Inc
Dec 17, 2008 Boeing Co
Dec 17, 2008 Terra Industries
Dec 17, 2008 Pediatrix Med
Dec 17, 2008 Accenture Ltd
Dec 17, 2008 National Oilwell Varco
Jan 2, 2009 Mesabi Trust
Jan 9, 2009 Broadvision
Jan 9, 2009 Allied Healthcare
I sold them as recommended by the book and bought some others that I dont have records kept, but will furnish them if needed.
Thanks to Mr. Greenblatt for sharing his knowledge…such generosity I have not heard of.

Comment on The Four Filters Invention of Warren Buffett and Charlie Munger by Bud Labitan by Weekend Reading at VIN Value Plays

Weekend Reading at VIN Value Plays — Tue, 08 Sep 2009 05:13:32 +0000

[...] 4. The Four Filters Invention of Warren Buffett and Charlie Munger by Bud Labitan | Contrarian Valu [...]

Comment on Does the magic formula work? by The Week’s Best At VIN Value Plays

The Week’s Best At VIN Value Plays — Tue, 08 Sep 2009 05:08:36 +0000

[...] 14. Does the magic formula work? [...]

Comment on Interview With William Spetrino Jr. Part II by Top Stories for the Week at VIN Value Plays

Top Stories for the Week at VIN Value Plays — Tue, 08 Sep 2009 05:07:25 +0000

[...] 18. Interview With William Spetrino Jr. Part II [...]