Personal Finance
A “Magic Formula” For Picking Stocks
By Seedly  •  August 16, 2019

“Magic Formula Investing”?

The sceptic in you might protest and decry that this sounds exactly like an internet scam.

But the creator of this “formula”, Joel Greenblatt, really called this investing strategy a “Magic Formula” in his best-selling book, The Little Book That Beats The Market.

Source: Amazon

And FYI: Greenblatt is not a sham, and neither is his formula.

He is one of the most renowned hedge fund managers in the world, with this formula grounded in the logic of Warren Buffett’s value investment strategy.

Don’t believe me?

Just Google his name and you’ll find that his strategy has been thoroughly dissected and studied by both professionals and academics alike.

I’m not saying that this strategy can be immediately applicable to Singapore’s context, but if you’re interested in learning about how to invest in stocks, then this is perhaps another approach to investing that is good to learn

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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