An interesting point was brought up in the Magic Formula yahoo Group, What would happen if Joel Greenblatt decides to shut down the official www.magicformulainvesting.com leaving us with no “official alternative” ? The answer, we create our own!.
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Want to get an MBA for $9? This is the book to get. Although not an easy read like other value investing books, Professor Greenwald and company provide an informative read that should have a place in every value investor’s library.
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Like many individuals, after reading Joel Greenblatt’s The Little Book That Beats The Market I was a bit confused on what to do next. The
Magic Formula site provides a screen but does not rank the stocks as stated in the book.They are simply put in alphabetical order. I am not going to invest [...]
Ever since its release, much has been written whether or not Joel Greenblatt’s “Magic Formula” works. Joel Greenblatt has consistently said that results should be measured over time and every once in a while there would be stretches where the magic formula does not work.
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