10 Best Magic Formula Stocks To Buy Now
10 Best Magic Formula Stocks To Buy Now Joel Greenblatt is an American value investor and hedge fund manager known for his investment strategy called “magic formula” investing. Greenblatt founded Gotham Capital in 1985 and presided over an annualized return of 30% from 1985 to 1994 by investing in special situations like spinoffs, tender offers, mergers, acquisitions and bankruptcies. Greenblatt currently serves as managing principal and co-chief investment officer of Gotham Asset Management. The fund’s portfolio is worth over $3.11 billion, as of Sept. 30. What is Magic Formula Investi...
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