Ever Heard Of The Price To Book Magic Formula?

Are you a low price to book value investor?

If you are you will definitely find this article, sent to me by one of our subscribers - Piero Marotta from Italy - of interest.

Piero has come up with an interesting investment strategy which combines a low price to book ratio with the idea of the Magic Formula.

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Over to Piero…

I am a big fan of Joel Greenblatt.

I have read all his books and have them in paper and a kindle version!

I went so far to download and print notes of his lessons in 2005 from a student at the Columbia University and also watched the videos of his lessons.

His style is engaging and his research and writing makes a...