It just got even easier to follow the investment advice put forth in Joel Greenblatt's "The Little Book That Beats the Market."
Greenblatt's firm, Formula Investing LLC, is now offering to manage investors' money using the "magic formula" strategy made famous in "The Little Book That Beats the Market."
The "magic formula" uses just two metrics to evaluate companies: return on capital and earnings yield. It ranks stocks of adjustable market caps by those two categories. Click here to see which stocks make the list.
Formula Investing recently released the investment results of the magic formula over the decade ending June 30. The strategy trounced the S&P 500 over the one-, three-, five- and 10-year periods ending June 30. Click here for details.
The magic formula is pretty easy to follow for even novice investors. You just buy the top stocks on the list and rebalance quarterly or annually. But Greenblatt's firm sent out an e-mail today saying that some investors who read the book wanted someone to execute the strategy for them.
So now Formula Investing is offering to manage investors' money using the magic formula. The minimum investment is $25,000. Click here for more details.
One of the big questions that people have asked since the book's publication concerned why the magic formula online screener would be free to use. A lot of time and effort goes into maintaining it. This new offering could explain part of the reason why the site has been free for all this time.
So should investors hop on this opportunity? As stated earlier, the magic formula is pretty simple to use on your own. But for people who prefer to turn over investment decisions to a professional, this could be a decent option given past results. The annual expense ratio is 1 percent -- which could end up being cheaper than the commissions you'd pay to execute the magic formula on your own.
The Little Book That Beats the Market (Little Books. Big Profits)
Also check out:
Greenblatt's firm, Formula Investing LLC, is now offering to manage investors' money using the "magic formula" strategy made famous in "The Little Book That Beats the Market."
The "magic formula" uses just two metrics to evaluate companies: return on capital and earnings yield. It ranks stocks of adjustable market caps by those two categories. Click here to see which stocks make the list.
Formula Investing recently released the investment results of the magic formula over the decade ending June 30. The strategy trounced the S&P 500 over the one-, three-, five- and 10-year periods ending June 30. Click here for details.
The magic formula is pretty easy to follow for even novice investors. You just buy the top stocks on the list and rebalance quarterly or annually. But Greenblatt's firm sent out an e-mail today saying that some investors who read the book wanted someone to execute the strategy for them.
So now Formula Investing is offering to manage investors' money using the magic formula. The minimum investment is $25,000. Click here for more details.
One of the big questions that people have asked since the book's publication concerned why the magic formula online screener would be free to use. A lot of time and effort goes into maintaining it. This new offering could explain part of the reason why the site has been free for all this time.
So should investors hop on this opportunity? As stated earlier, the magic formula is pretty simple to use on your own. But for people who prefer to turn over investment decisions to a professional, this could be a decent option given past results. The annual expense ratio is 1 percent -- which could end up being cheaper than the commissions you'd pay to execute the magic formula on your own.
The Little Book That Beats the Market (Little Books. Big Profits)
Also check out: 
