Does the Magic Formula Work in Brazil? My 5-Year Real Money Study (2020-2025)

After 60 months of tracking, monthly contributions, and rigorous rebalancing, my long-term experiment with Joel Greenblatt’s Magic Formula in the Brazilian market has come to an end. From the pandemic uncertainties of 2020 to the final liquidations in late 2025, here is the raw data and the honest truth about applying this strategy in an …

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Joel Greenblatt’s Magic Formula: How to Rank Brazilian Stocks (B3)

I believe that Joel Greenblatt’s Magic Formula is one of the methods every investor should know. The reason? Simplicity. It is incredibly easy to select stocks for your portfolio using this system. In this post, I’ll show you exactly how to apply this global strategy to the Brazilian stock market (B3). What is the Magic …

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