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30 Magic Formula Stocks In Singapore With High Rate of Return Trading At Cheap Prices
By Dr Wealth  •  June 4, 2020
I would like to share how our new app can generate trade ideas for you via our strategy screeners. We have 6 strategy screeners currently with the intention to add more in the future. One of them is the Magic Formula. This is a famous value investing strategy devised by hedge fund manager, Joel Greenblatt. It was disclosed in his book, The Little Book That Still Beats The Market. He just used two metrics to find businesses with high rate of return but trading at cheap stock prices. Thereafter, he identifies the top 30 stocks by ranking these two metrics. You can refer to this post for more details. (I just realised it was published almost 10 years ago! I’m old.) I don’t know if you have tried looking for a Magic Formula screener. I tried and found that they are often paid tools while Joel Greenblatt offers the US...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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