Warren Buffett's Quantitative Approach to Value

I read the little book that beats the market in 2006 when it first came out, absolutely loved the book. The idea is that it's sort of a quantitative application of Warren Buffett's investment strategy where he looks for a wonderful company at a fair price. He defines a wonderful company as something that has a very high return on invested capital. When you combine those two things together, you get the magic formula. And Greenblatt tested it, says that it works. We tested it in quantitative value, tested it again in deep value. And Itested it again in this book. There's no question that the magic formula does beat the market, you know, a raw basis and on a