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About Steve Alexander

MagicDiligence is dedicated to finding only the very best investment opportunities on the Magic Formula Investing (MFI) screen. The Magic Formula stock strategy, invented by Joel Greenblatt in The Little Book That Beats the Market, earned nearly 31% ANNUAL returns over a 17 year period. But the screen also turns up many undesirable companies that can leave investors with disappointing losses. By researching promising Magic Formula stocks, MagicDiligence aims to avoid the losers (reducing risk) while recommending the winners (raising returns).

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