#302~ Did My Magic Dividend Formula Beat The Market?

Two years ago, I built my own twist on Joel Greenblatt's Magic Formula investing strategy. I called it the Dividend Magic Formula — I screened MagicFormulaInvesting.com for dividend-paying stocks, ranked them by 5-year Return on Capital Employed (ROCE), and bought the top 10. Did it beat the S&P 500 again in year two? In this video, I share the full results of my $1,000 hypothetical portfolio…