One of the most compelling investing systems developed in recent years is Joel Greenblatt’s ‘Magic Formula’ approach which is documented on the magicformulainvesting.com website as well as Mr. Greenblatt’s The Little Book That Beats the Market. The formula ranks stocks based on two very simple and easily calculated figures: earnings yield and return on capital. Read this article to learn more about how The Manual of Ideas adds qualitative insight into magic formula stocks.
Manual of Ideas Offers Insights into ‘Magic Formula’ Approach
