In my previous blog post, I created a virtual stock portfolio using Joel Greenblatt’s Magic Formula. To follow up on the performance of this portfolio, I developed a Google Sheet to track and analyze its progress. Portfolio Performance Update As of now, the portfolio has achieved a performance of +2.73% after just two weeks. While this shows promise, it’s important to note that a two-week timeframe is far too short to draw any meaningful conclusions. Among the stocks in the portfolio, the standout performer is Allison Transmission Holdings (ALSN) with an impressive gain of +8.25%. On the flip side, Kimberly-Clark Corporation (KMB) has underperformed, with a loss of -3.35%. Introducing…

Last month I wrote about smart investing, highlighting some principles of renowned investors. But how do we actually apply these principles? In my quest to explore technical analysis for stock investments, I decided to dive into the world of virtual portfolios. My goal? To build a portfolio based on a proven methodology, re-evaluate it every six months, and measure its performance against the broader market. Approach To construct this portfolio, I delved into various techniques, watching countless hours of YouTube videos to familiarize myself with the basics of stock screening and selection. Ultimately, I chose the Joel Greenblatt Magic Formula as my guiding principle. This strategy is outlined in a…