Société Générale publishes a monthly update on the performance of several value-oriented fundamental trading strategies across both developed and emerging markets. In this piece, I’m taking a look at Société Générale’s Joel Greenblatt’s ‘Magic Formula’ screen. Joel Greenblatt Screen – A quick recap The Société Générale Greenblatt screen seeks to replicate Joel Greenblatt’s ‘Magic Formula’. However, Société Générale’s quantitative method is not an exact replica of Greenblatt’s strategy, which Greenblatt claims would have returned an astonishing 30.8% per year over the 17 year period to 2004. Nonetheless, the screen is based on the same principles. Greenblatt’s formula uses a simple and systematic investing strategy based on…
SocGen’s Developed And Emerging Market Greenblatt Screen For June
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk