Joel Greenblatt Launches New Money Management Investing Firm based on his Magic Formula System

By August 14, 2009 investing No Comments

A little while ago I posted an article about some of the best books ever written on investing.

One of those books was called, “The Little Book that Beats the Market” by Joel Greenblatt (he’s the Managing Partner of the Gotham Capital hedge fund, a Professor on the adjunct faculty of Columbia Business School and a member of the investment boards of the U of Pennsylvania and UJA).

In it he describes a system, the Magic Formula, designed to find undervalued stocks. Turns out he’s now parlayed that book into a money management investing firm calledFormula Investing.

It also allows users to take the do-it-yourself approach if they want.

About Mark Hing

Mark Hing is President of Aptus Communications Inc., a software and consulting company that specializes in bringing proven investment strategies and methods to individual investors. He has published numerous articles, taught at colleges and large corporations, presented papers at a variety of technical conferences and been the editor of a monthly technology magazine called, "Computer Sense." He is also the author of, "The Pragmatic Investor," book.

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