There’s Magic in Joel Greenblatt’s 'Magic Formula' [View article]
I like several of the picks, but not Coach or Nutrisystem.
Coach is seriously inflated - think "No Fear" circa 1999. Guru strategies should be less reliable means of evaluating value (except for momentum strategies) in fashion design brands, since what makes a fashion design fashionable has little to do with controllable management functions.
Nutrisystem strikes me as yet another Weight Watchers - in a climate where consumer cost controls will likely trump dietary goals. Once upon a time, Weight Watchers and Tupperware were going to take over the world...
There’s Magic in Joel Greenblatt’s 'Magic Formula' [View article]
Coach is seriously inflated - think "No Fear" circa 1999. Guru strategies should be less reliable means of evaluating value (except for momentum strategies) in fashion design brands, since what makes a fashion design fashionable has little to do with controllable management functions.
Nutrisystem strikes me as yet another Weight Watchers - in a climate where consumer cost controls will likely trump dietary goals. Once upon a time, Weight Watchers and Tupperware were going to take over the world...