Magic Formula Purchases for Oct. 2008
Oct 14, 2008 Stock Picks
Considering my personal magic formula portfolio went down the drain, I was interested on how an all random magic formula portfolio would hold up; not good. Very few investors can survive this kind of storm and they are usually hedging or shorting at the right time. Nevertheless, my simulated magic formula portfolio is still beating the market by a cool 5.89% providing an annualized return of 7.12%. In this market, I will take it!!
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