Welcome to #individualinvestor!
This is the 2/12 video to update you all on my Magic Formula investing journey as explained in the book "The Little Book that Still Beats the Market" by #joelgreenblatt. If you haven't seen it, please watch first my first video where I explain exactly the process that I'm following, link here: [ Ссылка ]
In summary, here's the update for April 2022:
1- January 2022: Invested $5K in 5 stocks.
2 - One of the stocks, BDSI, got acquired so ended up with 4.
3 - Ran the Magic Formula for 30 stocks with $50M+ market cap.
4 - Discarded Consumer Cyclical, Retail and Healthcare stocks.
5 - Picked top 6 based on P/E ratio.
6 - Current portfolio contains 10 stocks, next round is July 2022.
YTD Performance: Magic Formula -0.36% vs S&P500 -8.36%
Please leave any questions or feedback below!
#stocks
#valueinvesting
![](https://i.ytimg.com/vi/9N9iqNNgtt0/maxresdefault.jpg)