Société Générale publishes a monthly update on the performance of several value orientated fundamental trading strategies across both developed and emerging markets. Last week I covered the bank’s top Graham & Rea deep value screen picks and today I’m taking a look at Société Générale’s Joel Greenblatt’s ‘Magic Formula’ screen. Greenblatt’s formula uses a simple and systematic investing strategy based on a very understandable principle – that buying shares in cheap, good quality companies beats the market. Société Générale ranks companies by the average ranking based on return-on-capital (EBIT/(net working capital +net fixed assets) and earnings yield (EBIT to Enterprise…
Societe Generale Developed And Emerging Market Greenblatt Screen
Rupert Hargreaves
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
