Magic Formula 25 August 2011
August 25, 2011 9 Comments
I think I am back !!!
Now that the markets have dropped and the Sensex P/E is less than its average over last 10 years, some more money can be allocated to equities. I have uploaded the latest magic formula sheet to the google groups (https://docs.google.com/spreadsheet/ccc?key=0AlEgov9DQWsNdFNsdnpXbTdLMzY2d01GSzI4WkhlUmc&hl=en_US)Let me know your thoughts on the same. This magic formula extract is out of screener.in a website run by the same professionals that run dalal-street.in. The quality of content on this site is exemplerory and I urge you to keep track of Ayush’s blog.
Please do you own homework on the list before allocating any money to scrips from this list. Please read the disclaimer and drop me a note if you wish to discuss the list.
Happy Investing.