Magic Formula
Buys by Joel Greenblatt’s formula: companies that earn a lot on the capital they employ and are cheap at the same time. Only shares our own deep-dive analysis rates green are bought — yellow or no analysis at all is not enough. New positions are added once a month. As in the original, each one is held for twelve months and then sold — or as soon as the share is no longer rated green.
This portfolio buys shares.
- Performance
- −4.10%
- Lead over QQQ
- −4.96%
- Largest drawdown
- −6.70%
- Win rate
- —
- Cash ratio
- 20.8%
- Portfolio value
- $95,897
Performance against the yardsticks
What the portfolio holds
| Stock | Shares | Entry | Price | Gain | Value | Share |
|---|---|---|---|---|---|---|
| DECK | 204.71 | $97.70 | $96.90 | −0.82% | $19,836 | 20.7% |
| KEX | 137.84 | $145.10 | $131.10 | −9.65% | $18,070 | 18.8% |
| KLAC | 98.33 | $203.40 | $182.80 | −10.13% | $17,974 | 18.7% |
| LRCX | 68.59 | $291.60 | $293.00 | +0.48% | $20,096 | 21.0% |
| Cash | — | — | — | — | $19,920 | 20.8% |
The rules of this portfolio
- Buys
- once a month
- Minimum holding period
- 365 days
- Sells
- checked every trading day: rating turned red, stop-loss hit, holding period over, or the stock dropped out of the selection.
Every trade with its reason
The complete history of this portfolio, most recent trade first. It is never truncated — it doubles as the recommendation history required by Art. 4(1)(i) of Delegated Regulation (EU) 2016/958.
| Date | Stock | Action | Shares | Price | Reason |
|---|---|---|---|---|---|
| 07/27/2026 | DECK | Buy | 204.71 | $97.70 | Newly selected |
| 07/27/2026 | KEX | Buy | 137.84 | $145.10 | Newly selected |
| 07/27/2026 | KLAC | Buy | 98.33 | $203.40 | Newly selected |
| 07/27/2026 | LRCX | Buy | 68.59 | $291.60 | Newly selected |