Reportonbusiness.com- Magic Formula Not Working
Jan.19, 2008 in
Magic Formula News
In Mid-October, Reportonbusiness.com (ROB) set up a hypothetical
magic formula $1 million portfolio. The site is selecting stocks with a market of at least $500 million. The results so far? Not Good. The portfolio is down 19% while the S&P 500 is down 10%. The time frame is fairly new and ROB.com acknowledges this [...]
