I was doing a little googling on Magic Formula Investing this weekend (ok, maybe a bit of a vanity check). I did find an interesting post.
This one discusses alternative statistics to Earnings yield and Return on Capital. One of them is a ratio of price to book value, which I was kind of playing with in my May 2013 tranche
How to beat The Little Book That Beats The Market: Redux
I thought it was pretty good stuff and may think about the metrics in my next round of purchases. I did try to "automate" it and make a top 200 list. But I think I made some errors as my listing looked a bit squirrelly.
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