In January 2015, I published an article titled The Best Shares in Singapore’s Stock Market that marked the start of a real-time experiment I’m conducting on Singapore’s stock market to find out if the Magic Formula investing strategy works. The strategy was developed by investor Joel Greenblatt, who generated an astounding annual return of 50% from 1985 to 1994 according to The New York Times. In his 2005 book The Little Book That Beats The Market, Greenblatt shared the Magic Formula and his studies on it. You can find a detailed description of the investing strategy in The Best Shares in Singapore’s Stock Market, so I won’t repeat myself here. But one thing worth noting is that Greenblatt’s investing method requires a yearly refresh to find a new list of shares to build a port

Yesterday, I published an article titled The 30 Best Shares In Singapore For 2019. The article is part of a real-time experiment on Singapore’s stock market I started running in January 2015 to see whether the Magic Formula investing strategy works in our Garden City. The investing strategy was developed by investor Joel Greenblatt and he described it in his 2005 book, The Little Book That Beats The Market. In my article yesterday, I listed the 30 Singapore-listed shares that had the best scores at the start of 2019 according to the Magic Formula. The top five were: 1. Noble Group Limited (SGX: CGP) 2. Lung Kee Bermuda (SGX: L09) (SEHK: 255) 3. China Sunsine Chemical Holdings Ltd (SGX: CH8) 4. AEM Holdings Ltd (SGX: AWX) 5. Aspen (Group) Holdings Ltd (SGX: 1F3) The whole idea behind

Yesterday, I shared with readers 30 shares that could outperform the Singapore stock market for this month and beyond. The stocks were selected using the Magic Formula investing strategy that was made famous by investor and author, Joel Greenblatt. The top five stocks shown in that article were: 1) Noble Group Limited (SGX:CGP) 2) Lung Kee (Bermuda) Holdings Limited (SGX: L09) (SEHK: 255) 3) China Sunsine Chemical Holdings Ltd (SGX:CH8) 4) Aspen (Group) Holdings Limited (SGX:1F3) 5) Delong Holdings Limited (SGX:BQO) The strategy behind the Magic Formula is to pick the stocks with the highest quality (the ones with the highest returns on invested capital) at the lowest price (the ones with the highest earnings yield). For an in-depth discussion on what goes into the Magic Formula,

The Straits Times Index (SGX: ^STI) has rallied 2.1% as of the time of writing today. The spike comes after US President Donald Trump and Chinese President Xi Jinping agreed to a truce on the trade war over dinner on Saturday after the G20 summit. If you are wondering what stocks you should consider for your portfolio amid the rally, you have to look no further. Using data from S&P Global Market Intelligence and the Magic Formula investing strategy developed by investor Joel Greenblatt, I found some of the best Singapore-listed stocks for December that could go on to do well. The basic premise of the Magic Formula is to find the 30 best shares in the market as ranked by their cheapness and their quality, and to hold on to that basket shares for a year before repeating the ranking proc

Recently, I shared 20 shares that could outperform the Singapore stock market for this month and beyond. The stocks were selected using the Magic Formula investing strategy that was popularised by investor and author, Joel Greenblatt. The top five stocks shown in that article were: 1) Noble Group Limited (SGX:CGP) 2) Lung Kee (Bermuda) Holdings Limited (SGX: L09) (SEHK: 255) 3) AEM Holdings Ltd  (SGX:AWX) 4) Delong Holdings Limited (SGX:BQO) 5) Aspen (Group) Holdings Limited (SGX:1F3) The strategy behind the Magic Formula is to pick the stocks with the highest quality (the ones with the highest returns on invested capital) at the lowest price (the ones with the highest earnings yield). For an in-depth discussion on what goes into the Magic Formula, you can head to my colleague Chong S

From its peak in early May 2018, the Straits Times Index (SGX: ^STI) has fallen by some 17%. Even though the stock market has been jittery of late, some stocks could go on to beat the market. Using data from S&P Global Market Intelligence and the Magic Formula investing strategy developed by investor Joel Greenblatt, I found some of the best Singapore-listed stocks for November that could go on to do well. The basic premise of the Magic Formula is to first find a list of the best shares in the market as ranked by their cheapness and their quality, then buy that list of shares and hold them for a year, before repeating the ranking process. For a deeper understanding of how the formula works, here’s an article explaining the strategy. With that, here are the top 20 stocks in Sin