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Magic formula investing is a rules-based investing strategy that helps everyday investors identify undervalued companies. It was conceived by hedge fund manager, Joel Greenblatt who first published it in his book: The Little Book That Beat the Market. Joel Greenblatt claims the magic formula stock screen to have delivered annualized returns of over 30% consistently. In this video, I shall apply the magic formula investing strategy on Indian stocks and present the top 30 stocks that comply with this stock screening model

👉 Please access the worksheet mentioned in the video by clicking this link: https://docs.google.com/spreadsheets/...

👉 Some Useful Resources & Readings:
‣ The Little Book That Beat the Market (book link): https://amzn.to/3lSpz6p
‣ Thinking, Fast and Slow by Daniel Kahneman (book link): https://amzn.to/3GSiddj
‣ Ahmed Madha’s article on Financial Tales: https://financialtales.home.blog/2020...
‣ Back-testing Magic Formula on Indian Stocks (paper) : https://papers.ssrn.com/sol3/papers.c...
‣ Critical look at Joel Greenblatt's Magic Formula:
https://reasonabledeviations.com/2020...
‣ Magic Formula Stock List for 2019: https://www.capitalmind.in/2019/02/th...
‣ Where to find Shankar Nath? https://bio.link/shankarnath

👉 Video Chapters:
00:00 Boarding the Hogwarts Express
01:18 Concept of Magic Formula Investing
04:27 9 Steps to Building the Strategy
09:52 Performance of Magic Formula in Indian Stock Market
12:08 Top 30 Indian Stocks
12:40 Limitations that need to be Plugged
15:21 Shankar's Viewpoint

#magicformula #joelgreenblatt #beststocks

Disclaimer: I am not a SEBI registered investment advisor or research analyst. The content posted on this platform is purely for educational purposes and none of it constitutes investing or trading advice. Viewers should do their own research and diligence before investing or acting on the information presented