I'm half-skeptical about the Greenblatt formula's effectiveness on larger exchanges compared to a reliable passive ETF such as the venerable SPY, but on the smaller ones it seems good enough to weed out the garbage tickers.
Now I want to try it out on the B3 here in Brazil!
It does seem to weed out garbage tickers, but only time will tell if the decisions are the 'right' ones or not. But it's a good idea to diversify into various securities and not be tied to just stocks.
Here's to a fruitful learning journey in investing :D
Would like to see the outcome from your strategies too in the near future!
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That's some real cool stuff!
I'm half-skeptical about the Greenblatt formula's effectiveness on larger exchanges compared to a reliable passive ETF such as the venerable SPY, but on the smaller ones it seems good enough to weed out the garbage tickers.
Now I want to try it out on the B3 here in Brazil!
It does seem to weed out garbage tickers, but only time will tell if the decisions are the 'right' ones or not. But it's a good idea to diversify into various securities and not be tied to just stocks.
Here's to a fruitful learning journey in investing :D
Would like to see the outcome from your strategies too in the near future!