Magic formula in stock market
By dhanan
@dhanan (61)
India
December 21, 2006 9:33am CST
Recently i read a book called "The little book that beats the market" by Joel Greenbalt. He describes abt return on capital employed as magic value and rank the stocks according to the return. If anyone interested in discuss abt this book. Please reply.
4 responses
@tmansoor0 (206)
• Qatar
24 Dec 06
I don't think there is any magic formula. Just invest rightly in good fundamental stock with good records. Eg. Infosys, Dr. Reddy, L&T etc on longterm basis.
@harshadod (858)
• India
23 Dec 06
ROCE is one of the very good indicator of the management and the business.
The ability to make more money on the money you have invested , that is capital employed, shows a strong share holder interest.
As said in the other discussion, depending on the risk we are seeking, the investment rules and formula es may change.
Investing is more healthy and successful with discipline and right patience.
@indian_investor (365)
• India
28 Dec 06
friends
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a nice financial calculator
www.stockmarketwisdom.blogspot.com
For outstanding return at present the stock picks for indian market
www.stocks4indianmarket.bravehost.com
@ashwinee77 (784)
• India
21 Dec 06
According to Joel Greenblatt, the magic formula is value investing.
