This is the 10/12 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 March 2024:

1- January 2022: Invested $5K in 5 stocks.
2 - One of the stocks, BDSI, got acquired so ended up with 4 after liquidation.
3 - April 2022: Invested $5K plus the proceeds from BDSI in 6 stocks.
5 - July 2022: Invested $5K in 5 stocks.
6 - October 2022: Invested $5K in 5 stocks.
7- Continue to avoid Consumer Cyclical, Retail, and Healthcare sectors.
8 - Current portfolio contains 20 stocks.
9 - February 2023: Kept 2 stocks and sold 2 stocks from the January 2022 tranche. Invested proceeds from sale in 2 new stocks.
10 - May 2023: Kept 1 stock and sold 5 stocks from the April 2022 tranche. Invested proceeds from sale in 5 new stocks.
11 - August 2023: Kept 1 stock and sold 4 stocks from the July 2022 tranche. Invested proceeds from sale in 4 new stocks.
12 - November 2023: Kept 1 stock, and sold 4 stocks from the October 2022 tranche. Invested proceeds from sale in 4 new socks. Focused on technology stocks for better returns after poor results primarily from healthcare stocks.
13 - March 2024: Sold all stocks from the February 2023 tranche. Invested proceeds from sale in 3 new stocks. Started implementing D/E ratio check to avoid companies in bad financial situation after having one company go bust and lose all money.
14 - June 2024: Kept 2 stocks from the May 2023 tranche. Invested proceeds from sale in 4 new stocks. No major changes in stock picks.

Overall performance to date : Magic Formula -1.61% vs S&P500 14.0%

свернуть