Welcome to #individualinvestor!
This is the 5/12 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 February 2023:
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 2 stocks from the January 2023 tranche. Invested proceeds from sale in 2 new stocks.
Overall performance to date : Magic Formula -9.35% vs S&P500 -13.17%
Link to Google sheet: [ Ссылка ]
Please leave any questions or feedback below!
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#valueinvesting
