Do you know of anyone who has tried Joel Greenblatt's
Magic Formula method?
Not exact matches
Ultimately, there's no
magic formula to calculate how much to pay yourself, starting when, or through which
method.
We are huge fans of Greenblatt and the
Magic Formula, writing in the book that Greenblatt is Benjamin Graham's «heir in the application of systematic
methods to value investment».
Plus, find our unique
method for the
magic formula needed to get the perfect English muffin inside the issue!
(My definition covers most of the
methods John highlights excluding Greenblatt's «
Magic Formula» for the reasons I have discussed in several posts including How to beat The Little Book That Beats The Market: An analysis of the
Magic Formula and How to beat The Little Book That Beats The Market: Redux.)
We are huge fans of Greenblatt and the
Magic Formula, writing in the book that Greenblatt is Benjamin Graham's «heir in the application of systematic
methods to value investment».
The Profit and Value strategy differs from the
Magic Formula strategy in its
methods of determining value and quality.
«Through most of my research I've reached the conclusion that there is no
formula to determine what constitutes an successful work of art, and that's exactly the
magic of a work of art — that it's not measurable by typical quantification
methods, so the gesture of creating these pieces speaks more towards the obsessions of optimizations through streamlining quantification and a big data centric way of thinking rather than trying to find a fixed solution.»