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Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.

Pros & Cons

The AI used to provide these results are constantly improving. These results might change.

Pros

The book is written by an expert in experimental psychology. It is an excellent gift to someone who wants to get into investing.

Its worth to learn how to value and run a quick calc on the 30 companies every quarter. If you replicate the strategy using the standard nwc definition, you get about a 40% overlap between your selections and what the magicformulainvesting website is ...  Read More



Cons

About 25% basic information and 75% nonsense. Outdated, and the way theories and the authors speculations are presented are irresponsible and reckless. Full of nonsense and misleading information and theories.

Don't wast your money on any of joel's books. Joel greenblatt recommends the same thing in this book.

If his team knows an undervalued stock so does the entire market, and it's no longer a bargain. Did not lose on avg, but did not gain on avg.

New to investing, truly didn't learn much from this book. Most of these companies are completely over-priced. No one wants to loose money before earning some.

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Highlights

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Quality


With the magic formula which the book mentions you will able to choose the correct stocks and more you dont have to focus on th...  Read More


The book claims that if you follow the magic formula buying undervalued stocks with the highest return on the capital you can b...  Read More

Competitiveness


Totally recommend this book to begginers as well as more experienced investors


Broadened my perspective on the investment world


Recommend for the curious in investing in the stock market

Overview

  • How are reviewers describing this item?
    magic, easy, good, stock and simple.
  • Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
  • Our engine has discovered that over 90% high quality reviews are present.
  • This product had a total of 4,450 reviews as of our last analysis date on Oct 23 2023.

Helpful InsightsBETA

The AI used to provide these results are constantly improving. These results might change.

    Posted by a reviewer on Amazon

    I purchased the updated version only to learn that the same principles apply


    Posted by a reviewer on Amazon

    The book claims that if you follow the magic formula buying undervalued stocks with the highest return on the capital you can beat the market


    Posted by a reviewer on Amazon

    I began reading more technical books on value investing but before finishing any of them i veered off and read this book


    Posted by a reviewer on Amazon

    Since then i realized that everything you need and want to learn is readily available for free


    Posted by a reviewer on Amazon

    However had i followed the advise within id have lost money when using their formulas


    Posted by a reviewer on Amazon

    For example one of the constants in the website from the book is gilead


    Posted by a reviewer on Amazon

    In three years since i bought this book gilead still not making investors money outside of the dividends provided


    Posted by a reviewer on Amazon

    They tend to be pretty dense and read more like text books where this book reads more like a novel

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Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.