Featured

Magic Formula Investing ROUND SIX... 5 Stocks I Bought Today!



Published
Today marks the sixth quarter of my modified magic formula investing strategy! In this video I walk through how I mechanically select stocks for my long-term magic formula portfolio, and explain the rationale behind each filter. Starting with a current list of magic formula stocks, I filter them down using a combination of shameless cloning, high insider ownership, and conservative debt levels. The acquirer's multiple is already included in the original magic formula screen (inverse of earnings yield) but it's reassuring to cross-check results against a second data source.

Here is a link to this round of Magic Formula picks: https://docs.google.com/spreadsheets/d/1jFBvZ9h0hUAOqlIQMUCC5-V65VBhnQ7K6WhY78OZ_9o/edit?usp=sharing

Have you bought any magic formula stocks recently? If so how did you select them? Let us know in the comments!
Category
Management
Be the first to comment