Here’s my latest round of formula stock updates, prepared last week before the recent crash due to the Coronavirus. Well, I still would have been better off – WAY better off investing in the S&P 500 index. But the commission-free trades has definitely made it easier to balance my portfolio more precisely. I’m more likely to keep an existing stock that is still on Greenblatt’s screener (and as I’ve written before, many stocks stay there for years), but to trim it or add to it by a few shares because there’s no commission to make me feel guilty.
This experiment has gone on for three years and – thank you very much Mr. Greenblatt. You lost me $1,329, and way more than that in Opportunity Cost.