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Magic Formula Experience

My Experience with the Little Book that Beats the Market

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Thoughts on Gamestop (GME)

February 7, 2021 by Andrew Leave a Comment

The Gamestop experience

I write this on Saturday, February 6th, 2021. Gamestop closed at $63.77 yesterday, down from a high of about $483 just over a week ago. But even the current price is WAY higher than when I bought the stock as part of my Magic Formula portfolio just over four years ago on Jan 27th, 2017. I paid $24.13, and sold the stock for $16.75 a year later. The stock went gradually down … [Read more...] about Thoughts on Gamestop (GME)

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Hello, I’m Andrew in Fort Worth, TX. This website details my personal experience following the investing strategy presented in Joel Greenblatt’s best-selling book “The Little Book that Beats the Market”. I am not affiliated with Mr. Greenblatt in any way, but I highly recommend reading his book. Should you follow the strategy? Well, it’s up to you, but my experience may inform your choice.

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