3min chapter

Investors' Chronicle cover image

IC Interviews: Joel Greenblatt

Investors' Chronicle

CHAPTER

The Magic Formula: How to Buy Cheap Stocks

Many of the highest quality stocks that it throws up haven't scored highly on the values score and vice versa. The ranking system to highlight cyclical stocks as a sort of compromise. Does this mean the screen missed the big story of the past decade, a high growth tech stocks? Or is this just a quirk of the UK market to which we apply the method?

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