Free Magic Formula Lists – Chroma Investment Links
Posted on | December 6, 2009 | No Comments
I haven’t posted many links lately. I have been busy researching new investing ideas. But I wanted to turn you on to some interesting sites. Todays links are all related to Magic Formula Investing. Joel Greenblatt of Gotham Capital fame devised this system of essentially low P/E, High ROIC companies. He outlined the Magic Formula Investing Approach in his Magic Formula Investing. He posts a “column” there. If you sign up you can get a list of recent Magic Formula Investing stocks by selecting number of stocks and minimum market cap.
Magic Diligence is another site devoted to the Magic Formula Investing strategy. Magic Diligence proposes to review the Magic Formula List weekly and give tips on the best companies from the list to invest in. It has a pay service element.
The last link is essentially a list of Magic Formula stocks.The list is updated weekly and should be a good alternative for anyone interested in this system of investing. He uses different criteria for his screener, by introducing a liquidity requirement and a higher minimum Market cap amount ($100) You can find the site here. Note this site has not be updated for a couple of weeks as of this posting.
Greenblatt is an interesting, witty guy and a phenomenal investor. Although I do not subscribe to the Magic Formula Investing Strategy, in an effort to present new investors with various viewpoints, I have included these links. After all the idea is to find companies worth investigating. This may be the ticket for you.
Disclaimer: If you purchase the book through this blog. I will receive approximately $.50. I have not actually made any money this way, but I thought it better to disclose the fact, in case someone actually did buy a book at Amazon. I no longer have an affiliate relationship with Amazon.
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Tags: Investing Links > Investing Tips
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