Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Stewart Whitman who wrote (25)	1/22/2006 4:22:58 PM
From: Paul Senior	Respond to of 218

Stew: Great work! Terrific scans! Lots of good ideas for follow up in there. Thank you for sharing. Paul Senior

To: Stewart Whitman who wrote (25)	1/22/2006 5:52:04 PM
From: gumnam	Respond to of 218

Stewart, Excellent work yet again. Keep up the great service to the rest of us fellow investors. Gumnam

To: Stewart Whitman who wrote (25)	1/23/2006 5:54:57 PM
From: mikeslemmer	Read Replies (2) \| Respond to 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.

To: Stewart Whitman who wrote (25)	1/23/2006 11:00:44 PM
From: Spekulatius	Read Replies (1) \| Respond to of 218

Stewart - terrific work with your screens and than you very much for posting the results. I noticed that for the Piotroski screens the low P/B criteria was missing, which is the fundamental value anchor for this method.

To: Stewart Whitman who wrote (25)	6/3/2007 12:18:34 PM
From: eolas	Read Replies (1) \| Respond to of 218

Steve, Congratulations, your excellent and wonderfully presented scans are the nearest we have to an independent list of 'mfi candidate' US stocks. I wonder have you seen the article written by James Montier and colleagues (http://www.beearly.com/pdfFiles/The%20Little%20Note%20That%20Beats%20the%20Markets-DrKW-3-9-06.pdf) showing the results of their application of the principles to UK, European (ex UK) and Japanese stocks. The results appear at least as, if not more, impressive than the MFI Book, albeit over a shorter period. Would you ever consider applying your considerable skills to developing scans for any of those markets? Eadbhard