While he is most well-known for his "Magic Formula Investing" published in "The Little Book that Beats the Market," Joel Greenblatt's philosophy was ultimately quite simple: buy cheap stocks with a high earnings yield (earnings per share divided by price) and a high return on capital, also known as return on invested capital (ROIC). Inspired by Greenblatt's simple wisdom, we developed this strategy with a couple of small additions.
Currently outperforming SPY by {{ yearExcess | percent }}
Currently underperforming SPY by {{ yearExcess | percent }}
Excess return: {{ summary.excess | percent }}CAGR: {{ summary.cagr | percent }}Max Draw Down: {{ summary.drawdown | percent }}
US companies only
SP500 members only
ETFs
industries:{{ u }}
sectors:{{ u }}
|
| {{ r.lhs }} | | {{ r.rhs }} |
|
{{ spec.sort }} purchase smaller first purchase larger first |
|
| {{ r.lhs }} | | {{ r.rhs }} |
| portfolio size | {{ spec.positions || ' ' }} | | min hold time (trading days) | {{ spec.minHold }} |
Full Strategy Access
( 4 buy rules and 2 sell rules )
available with any paid subscription