October 20, 2009
Joel Greenblatt, of “Magic Formula” fame, gave a rare interview yesterday on CNBC. The interview had Greenblatt talking about the components of his magic formula as well as recapping its phenomenal performance to date. What Greenblatt stressed multiple times in the interview is that the formula selects many stocks that are currently out of favour with [...]
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October 19, 2009
Barnes & Noble (BKS) shares are down about 15% since reporting earnings earlier this month. The drop was due to a negative earnings outlook for fiscal 2010. Many times the market may overreact in cases like this or may not take into account other more positive factors regarding future prospects which would otherwise translate to [...]
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