Custom Magic Formula Screen
Written by alexg on July 23, 2008 – 4:42 pm -An interesting point was brought up in the Magic Formula yahoo Group, What would happen if Joel Greenblatt decides to shut down the official www.magicformulainvesting.com leaving us with no "official alternative" ? The answer, we create our own!. Read more
Tags: custom magic formula screen, Joel Greenblatt, Magic Formula Investing
Posted in Magic Formula Investing, Value Investing |
No Comments »
Investing In A Volatile Market
Written by alexg on July 21, 2008 – 5:46 pm -So what does one do in a volatile market like we have seen lately? Absolutely nothing. After buying shares of a new company each day last week, I am sitting around doing nothing. I am spending my time re-reading the contrarian investing bible and reading the usual blogs and websites. ... Read more
Tags: AAPL, Contrarian Investing, David Dreman, GOOG, MSFT, Warren Buffett, WFC
Posted in David Dreman, Magic Formula Investing, Value Investing, Warren Buffett |
No Comments »
Magic Formula Stocks On The Move 7/20
Written by alexg on July 20, 2008 – 9:04 am -Each week I run the magic formula screen to keep track of stocks moving in and out of the magic formula screens. I ran the screen last week but I forgot to save the results for the top 100 stocks with a minimum market cap of 50 & 200 million. ... Read more
Tags: Acme Packet, Ambassadors Group Inc, APKT, BR, Broadridge Financial Services, BroadVision, BVSN.OB, EGY, EPAX, Microsoft, MSFT, Vaalco Energy
Posted in Magic Formula Investing |
No Comments »
Money Money Money!
Written by alexg on July 18, 2008 – 6:00 pm -The beauty about the internet is the amount of information available and the convenience to the consumer. Prior to the internet, consumers and investors relied heavily on their bank for loans,credit cards, savings,insurance,etc. Now, with sites like http://www.money.co.uk/ , we can now search for the best available deals. For example, ... Read more
Tags: www.money.co.uk
Posted in Value Investing |
No Comments »
Buying Spree continues with Sherwin-Williams (SHW)
Written by alexg on July 16, 2008 – 8:55 am -If the current buying spree continue, I will have to rename the blog " a stock a day", as that's how to best describe the week so far. In the previous article, I mentioned I might establish a position in Sherwin-Williams (SHW). After very little deliberation and positive words from ... Read more
Tags: Sherwin Williams, SHW
Posted in Security Analysis |
No Comments »
Chaos At Local IndyMac Banks
Written by alexg on July 15, 2008 – 10:26 am -As reported, federal regulators took control of IndyMac's operations in the third-largest bank failure in U.S. history. Lucky for me, I am in the middle of the storm as IndyMac is a local bank and receive constant updates. Starting early Monday morning, people started lining up in droves to ... Read more
Posted in Value Investing |
1 Comment »
Another Position Initiated-Ingersoll-Rand
Written by alexg on July 15, 2008 – 10:07 am -The buying spree continues. I ran the magic formula screen again as I try to be fully invested in this bear market. After the purchase of Ingersoll-Rand, my cash on hand is a respectable 17%. Ingersoll-Rand (IR) has been on the magic formula for some time but I have been ... Read more
Posted in Value Investing |
3 Comments »
Value Investors Continue To Struggle In Choppy Market
Written by alexg on July 14, 2008 – 1:33 pm -A recent Wall Street Journal article properly named Value Hunting's Sharpshooters Hurt As Financial Stocks Hurt Mutual Fund highlighted how some very well known value investors have struggled as financial stocks tumble. It's not a secret that contrarian-value investors are usually early to the part and are among the first ... Read more
Tags: Bill Miller, David Dreman, Martin Whitman, Richard Pzena, Value Investing, William Ackman
Posted in Value Investing |
1 Comment »
Adding 3M to Portfolio
Written by alexg on July 14, 2008 – 12:53 pm -With a ton of selling comes a ton of cash. Its been a while since I had 20% cash, but the recent selling spree has allowed me to have 23% in cash. Now, keep in mind I am investing on a mechanical basis which means I am doing little analysis ... Read more
Tags: 3M, MMM
Posted in Value Investing |
No Comments »
Establishing position in Illinois Tool Works (ITW)
Written by alexg on July 13, 2008 – 9:06 pm -As mentioned in my previous article, I am establishing a position in Illinois Tool Works (ITW). illinois Tool Works appears on the magic formula screen for the top 100 companies with a minimum market cap of 2000 million. Read more
Tags: Illinois Tool Works, ITW
Posted in Value Investing |
5 Comments »