Magic Formula Investing

According to his latest 13F filing with the SEC, Joel Greenblatt 368,000 shares of Office Depot (ODP). Joel Greenblatt also sold out of American Express (AXP), Aeropostale (ARO), Autozone (AZO) and reduced his holdings in Wal-Mart (WMT).
Many well known value investors have been buying up shares of Office Depot and Staples. Along with Office Max, [...]

The Magic Formula portfolio is relatively flat compared to the S&P 500. Having so much cash is really making it tough to get a real view of the magic formula performance. Thus, I will add 2 stocks each month in order to avoid having a cash hoard. Also, Chris made a great observation in the [...]