Greenblatt's Little Book That Beats The Market Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Greenblatt's Little Book That Beats The Market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stewart Whitman who wrote (25)	1/23/2006 5:54:57 PM
From: mikeslemmer	Read Replies (2) of 218

Stewart - I really appreciate you posting your screens. I've watched the stocks that come up on magicformulainvsting.com for about a month now, and generally I've found it tends to find a lot of companies that had extraordinary profits in the prior year causing the earnings yield to be overstated. This bad, as it affects both computations (earnings yield and ROA). One solution would be to use the average earnings yield across the last few years. That said, I have found a couple things that looked interesting to me on the magicformulainvesting.com site. NOOF, for one, shows up there but not in your screens, probably because it isn't a member of any index. You might consider using an even broader source of stocks. Generally, I've decided to take the approach of using the magic formula as another source of ideas, alongside various other places I look. I did notice that I had recently looked at several of the companies that appeared at the top of your screens, since they looked cheap to me using other metrics.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next