Time for another round of purchases. The magic formula continues to perform great as we head into the final stretch of the year. The magic formula is beating the S&P by a cool 8% and is up 5% the past 3 months. The magic formula is also eeking the S&P by .07% over the past [...]
Another round of purchases for the magic formula. The portfolio continues to perform as well as my real life portfolio which consists of larger companies with more stable earnings. IAR continues to be the biggest dog as its down 70%. The company is horrible in terms of balance sheet and earnings. I have no idea [...]
Below are the purchases for the month. The Garcia Magic Fund has held up pretty well in this choppy market. Pictures speak louder than words so I attached a couple of images that show how it has been faring well.
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Time to make a purchase for this month and the following to companies appear on the top 25 companies with a market cap of at least 50 million.
Heelys (4,HLYS) engages in the design, marketing, and distribution of action sports-inspired products for 6 to 14 year-old boys and girls.Heely’s currently has a pretax earnings yield of [...]
