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Strategies & Market Trends : Greenblatt's Little Book That Beats The Market -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (13)12/22/2005 12:38:41 AM
From: JimLudlow  Read Replies (2) | Respond to of 218
 
Think you missed the whole point! Obviously you weren't a math major.
The formula has certain elements of circular calculations - using what has already been calculated as part of the ongoing formula, in particular EV. While I agree with the general premise that High ROC and low p/e is good, Like Warren says investment requires judgment, it simply cannot be put in a formula. I'm sticking with the master. Goodbye and good luck.