📅 Published
March 30, 2026
(Monday)

🎥 Watch our detailed English video on Joel Greenblatt’s Magic Formula — the simple two-factor system that delivered 23.8% CAGR for 20 years!

In this video, Manish Goel explains how Earnings Yield and Return on Capital combine to create a market-beating stock selection system. Learn step-by-step how to apply the Magic Formula to Indian stocks.

Note: Video upload temporarily delayed due to YouTube processing limits. Please check our YouTube channel for the latest uploads.

Key Topics Covered:

  • Who is Joel Greenblatt and his 40% annual return track record
  • Earnings Yield — measuring cheapness better than P/E ratio
  • Return on Capital — measuring business quality
  • Step-by-step Magic Formula implementation for Indian markets
  • Titan Biotech as a quality investing example (₹458, ROCE 16.9%)
  • Why F&O gambling destroys wealth (90%+ lose money per SEBI)

📖 Read the full blog post

🎓 Watch Complete Value Investing Course

Disclaimer: Educational content only. Not SEBI-registered investment advice.

📢 Join Our Telegram Channel

Get daily value investing lessons & Titan Biotech updates!

✈️ Join @longtermequityy on Telegram

🔔 Free • No spam • Value investing insights daily

Video: Joel Greenblatt’s Magic Formula — The Two-Factor System That Returned 23.8% Annually for Indian Investors (English)
author avatar
Manish Goel
Manish Goel is a long-term value investor and the founder of Manish Goel Stocks, where he publishes daily, plain-English lessons on fundamental analysis for Indian investors. His writing focuses on reading annual reports, decoding financial ratios, spotting red flags, and building the patience and discipline that compounding rewards. Every article here is educational — never a buy or sell call — and free to read.