See's Candy: A Magic Formula Stock from 1972?
Read the full article at: http://valueinvestingresource.blogspot.com/2008/03/sees-candy-magic-formula-stock-from.html
Submitted by George on Mon, 2008-03-03 16:13.
(via valueinvestingresource.blogspot.com)
Shai Dardasti examines Warren Buffett's discussion regarding See's Candy in the 2007 letter to Berkshire Hathaway shareholders. He suggests that the Greenblatt's Magic Formula could be the way to find another company with See's remarkable high return on incremental capital.