The Enhanced MOS Forumla For Investing: Joel Greenblatt's Formula For Stock Selection
About this book
The MOS Formula, made famous by legendary investor Joel Greenblatt, introduced a simple investment strategy that allows even an investment greenhorn to "beat the market", and likely a vast majority of active fund managers. Investment isn't exactly a walk in the park for most layman, but with a disciplined and sensible approach that is easily understandable and executable, that increases our chances of success in almost any market environment.For those who aren't too familiar with the MOS Formula, it introduces the simple concept of buying a good stock at a bargain price. Sounds simple enough but how exactly do we go about identifying a good stock in the first place and how should we define what is a bargain price? The Magic Formula introduces two key ROC and Earnings Yield.