(24-12-2012, 09:32 AM)KopiKat Wrote: A magic formula to select stocks? Reminds me of the book 'The Little Book That Still Beats the Market' by Joel Greenblatt. IIRC, uses P/B + Yield to screen, very much like what Ms Teh is doing with PE. Interesting read but never did get down to trying it out as too lazy...
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PS. Available in the library and very easy to read as it was written so that even kids can understand.
i found this book on internet
http://www.preterhuman.net/texts/unsorte...Market.pdf