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    <title>MagicDiligence - The Best Magic Formula Stocks</title>
    <link>http://www.magicdiligence.com/</link>
    <description>
      The goal of MagicDiligence is to find the best companies appearing in Joel
      Greenblatt's Magic Formula screen.
   </description>
   <lastBuildDate>Thu, 9 Jul 2009 07:29:19 -0600</lastBuildDate>
   <language>en-us</language>

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     <title>Joel Greenblatt Interview with Gurufocus.com</title>
     <link>http://www.magicdiligence.com/articles/greenblatt-gurufocus-2009-07-09</link>
     <guid>http://www.magicdiligence.com/articles/greenblatt-gurufocus-2009-07-09</guid>
     <pubDate>Thu, 9 Jul 2009 07:23:19 -0600</pubDate>
     <description><![CDATA[
Joel Greenblatt, the &quot;godfather&quot; of Magic Formula Investing, recently gave an interview to value investing supersite GuruFocus.com.  Some MagicDiligence commentary on his wisdom and reactions to the questions posed.<br><br>
<a href="http://www.magicdiligence.com/articles/greenblatt-gurufocus-2009-07-09">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Stock Review:  Jackson Hewitt Tax Service (JTX)</title>
     <link>http://www.magicdiligence.com/articles/jackson-hewitt-JTX-quick-take-2009-07-06</link>
     <guid>http://www.magicdiligence.com/articles/jackson-hewitt-JTX-quick-take-2009-07-06</guid>
     <pubDate>Tue, 7 Jul 2009 04:42:22 -0600</pubDate>
     <description><![CDATA[
Jackson Hewitt has had a tough 3 years, with misbehaving franchisees, trouble securing refund anticipation loan funding, and the lack of an online product leading business elsewhere.  With new management and rumors of a sale, is there value in the current stock price?<br><br>
<a href="http://www.magicdiligence.com/articles/jackson-hewitt-JTX-quick-take-2009-07-06">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Weekly Roundup 7/5</title>
     <link>http://www.magicdiligence.com/articles/weekly-roundup-2009-07-05</link>
     <guid>http://www.magicdiligence.com/articles/weekly-roundup-2009-07-05</guid>
     <pubDate>Sun, 5 Jul 2009 13:53:57 -0600</pubDate>
     <description><![CDATA[
Weekly roundup of stocks moving in and out of the Magic Formula Investing screen. <br><br>
<a href="http://www.magicdiligence.com/articles/weekly-roundup-2009-07-05">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Formula Trading LLC Overview</title>
     <link>http://www.magicdiligence.com/articles/formula-trading-overview-2009-07-02</link>
     <guid>http://www.magicdiligence.com/articles/formula-trading-overview-2009-07-02</guid>
     <pubDate>Thu, 2 Jul 2009 07:05:19 -0600</pubDate>
     <description><![CDATA[
Joel Greenblatt recently launched his new joint venture with Formula Trading LLC as a service to MFI investors.  What is the service about, how can it benefit MFI investors, and is it worth the cost of participation?<br><br>
<a href="http://www.magicdiligence.com/articles/formula-trading-overview-2009-07-02">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Weekly Roundup 6/27</title>
     <link>http://www.magicdiligence.com/articles/weekly-roundup-2009-06-27</link>
     <guid>http://www.magicdiligence.com/articles/weekly-roundup-2009-06-27</guid>
     <pubDate>Sat, 27 Jun 2009 05:33:27 -0600</pubDate>
     <description><![CDATA[
Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.<br><br>
<a href="http://www.magicdiligence.com/articles/weekly-roundup-2009-06-27">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Quick Take: Garmin (GRMN)</title>
     <link>http://www.magicdiligence.com/articles/garmin-GRMN-quick-take</link>
     <guid>http://www.magicdiligence.com/articles/garmin-GRMN-quick-take</guid>
     <pubDate>Fri, 26 Jun 2009 05:16:26 -0600</pubDate>
     <description><![CDATA[
Garmin is a well-run, financially strong company with a leading position in a long term growth market - GPS.  But is the company&#39;s 21% earnings yield really a bargain?<br><br>
<a href="http://www.magicdiligence.com/articles/garmin-GRMN-quick-take">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Is Bridgepoint Education (BPI) a Legitimate Magic Formula Stock?</title>
     <link>http://www.magicdiligence.com/articles/is-bridgepoint-BPI-legitimate</link>
     <guid>http://www.magicdiligence.com/articles/is-bridgepoint-BPI-legitimate</guid>
     <pubDate>Mon, 22 Jun 2009 13:12:47 -0600</pubDate>
     <description><![CDATA[
The MFI screen lists Bridgepoint Education (BPI) as having an enterprise value of $69 million, but the major financial sites say $820 million.  An analysis of the issue, what the correct answer is, and a case example of a confusing IPO structure.<br><br>
<a href="http://www.magicdiligence.com/articles/is-bridgepoint-BPI-legitimate">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Weekly Roundup 6/20</title>
     <link>http://www.magicdiligence.com/articles/weekly-roundup-2009-06-20</link>
     <guid>http://www.magicdiligence.com/articles/weekly-roundup-2009-06-20</guid>
     <pubDate>Sat, 20 Jun 2009 05:29:02 -0600</pubDate>
     <description><![CDATA[
Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.<br><br>
<a href="http://www.magicdiligence.com/articles/weekly-roundup-2009-06-20">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>MFI Rebounding Better than Dwight Howard</title>
     <link>http://www.magicdiligence.com/articles/mfi-rebouding-2009-06-16</link>
     <guid>http://www.magicdiligence.com/articles/mfi-rebouding-2009-06-16</guid>
     <pubDate>Tue, 16 Jun 2009 04:43:58 -0600</pubDate>
     <description><![CDATA[
Since the S&P hit a low on March 9th, it has rebounded an impressive 46%.  However, nearly 30% of the top 100 Magic Formula stocks on that day have <b>doubled</b> or better!<br><br>
<a href="http://www.magicdiligence.com/articles/mfi-rebouding-2009-06-16">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Weekly Roundup 6/13</title>
     <link>http://www.magicdiligence.com/articles/weekly-roundup-2009-06-13</link>
     <guid>http://www.magicdiligence.com/articles/weekly-roundup-2009-06-13</guid>
     <pubDate>Sat, 13 Jun 2009 11:05:50 -0600</pubDate>
     <description><![CDATA[
Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.<br><br>
<a href="http://www.magicdiligence.com/articles/weekly-roundup-2009-06-13">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Quick Take:  GT Solar (SOLR)</title>
     <link>http://www.magicdiligence.com/articles/gt-solar-SOLR-quick-take</link>
     <guid>http://www.magicdiligence.com/articles/gt-solar-SOLR-quick-take</guid>
     <pubDate>Wed, 10 Jun 2009 06:34:59 -0600</pubDate>
     <description><![CDATA[
GT Solar is a solar equipment manufacturer with some exciting upside but in an unpredictable market.
<br><br>
<a href="http://www.magicdiligence.com/articles/gt-solar-SOLR-quick-take">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Weekly Roundup 6/7</title>
     <link>http://www.magicdiligence.com/articles/weekly-roundup-2009-06-07</link>
     <guid>http://www.magicdiligence.com/articles/weekly-roundup-2009-06-07</guid>
     <pubDate>Sun, 7 Jun 2009 18:14:56 -0600</pubDate>
     <description><![CDATA[
Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.<br><br>
<a href="http://www.magicdiligence.com/articles/weekly-roundup-2009-06-07">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Can the Piotroski Method Improve Magic Formula Results?</title>
     <link>http://www.magicdiligence.com/articles/piotroski-method-2009-06-04</link>
     <guid>http://www.magicdiligence.com/articles/piotroski-method-2009-06-04</guid>
     <pubDate>Thu, 4 Jun 2009 05:19:22 -0600</pubDate>
     <description><![CDATA[
In the investing nightmare of 2008, only one stock screening strategy returned positive results - the Piotroski method.  Learn about this technique and see Magic Formula stocks that are ranked highly using it.<br><br>
<a href="http://www.magicdiligence.com/articles/piotroski-method-2009-06-04">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Minority Interest:  What it is, How it is accounted for, Why it matters</title>
     <link>http://www.magicdiligence.com/articles/minority-interest-explanation</link>
     <guid>http://www.magicdiligence.com/articles/minority-interest-explanation</guid>
     <pubDate>Fri, 29 May 2009 05:04:19 -0600</pubDate>
     <description><![CDATA[
Minority interest is an often overlooked concept when evaluating stocks.  What is it?  How is it accounted for?  Why does it matter to Magic Formula investors?<br><br>
<a href="http://www.magicdiligence.com/articles/minority-interest-explanation">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Stock Review:  Cherokee (CHKE)</title>
     <link>http://www.magicdiligence.com/articles/cherokee-CHKE-quick-take</link>
     <guid>http://www.magicdiligence.com/articles/cherokee-CHKE-quick-take</guid>
     <pubDate>Tue, 26 May 2009 05:15:34 -0600</pubDate>
     <description><![CDATA[
With a remarkably low capital business model and a dividend yield that stands over 10%, Cherokee makes an attractive Magic Formula pick.<br><br>
<a href="http://www.magicdiligence.com/articles/cherokee-CHKE-quick-take">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Weekly Roundup 5/23</title>
     <link>http://www.magicdiligence.com/articles/weekly-roundup-2009-05-23</link>
     <guid>http://www.magicdiligence.com/articles/weekly-roundup-2009-05-23</guid>
     <pubDate>Sat, 23 May 2009 06:35:38 -0600</pubDate>
     <description><![CDATA[
Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.<br><br>
<a href="http://www.magicdiligence.com/articles/weekly-roundup-2009-05-23">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Stocks by Industry</title>
     <link>http://www.magicdiligence.com/articles/magic-formula-stocks-by-industry-05-2009</link>
     <guid>http://www.magicdiligence.com/articles/magic-formula-stocks-by-industry-05-2009</guid>
     <pubDate>Tue, 19 May 2009 05:11:28 -0600</pubDate>
     <description><![CDATA[
Breakdown of Magic Formula stocks by industry sector.  What sectors are currently out of favor but can provide good returns on capital?<br><br>
<a href="http://www.magicdiligence.com/articles/magic-formula-stocks-by-industry-05-2009">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Weekly Roundup 5/16</title>
     <link>http://www.magicdiligence.com/articles/weekly-roundup-2009-05-16</link>
     <guid>http://www.magicdiligence.com/articles/weekly-roundup-2009-05-16</guid>
     <pubDate>Sat, 16 May 2009 06:16:03 -0600</pubDate>
     <description><![CDATA[
Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.<br><br>
<a href="http://www.magicdiligence.com/articles/weekly-roundup-2009-05-16">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Stock Review:  Microstrategy (MSTR)</title>
     <link>http://www.magicdiligence.com/articles/microstrategy-MSTR-quick-take</link>
     <guid>http://www.magicdiligence.com/articles/microstrategy-MSTR-quick-take</guid>
     <pubDate>Fri, 15 May 2009 07:38:51 -0600</pubDate>
     <description><![CDATA[
Microstrategy has an attractive business, a strong balance sheet, and moat potential through high switching costs.  The company makes a fine Magic Formula purchase, but there are a few concerns.<br><br>
<a href="http://www.magicdiligence.com/articles/microstrategy-MSTR-quick-take">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Earnings Yield: Better than P/E for Valuing Stocks</title>
     <link>http://www.magicdiligence.com/articles/earnings-yield-better-than-pe</link>
     <guid>http://www.magicdiligence.com/articles/earnings-yield-better-than-pe</guid>
     <pubDate>Mon, 11 May 2009 05:08:59 -0600</pubDate>
     <description><![CDATA[
The second component of Joel Greenblatt&#39;s &quot;Magic Formula Investing&quot; (MFI), Earnings Yield represents a better way of measuring the valuation of a stock.  This article tells you why as well as how it&#39;s calculated for MFI purposes.<br><br>
<a href="http://www.magicdiligence.com/articles/earnings-yield-better-than-pe">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Weekly Roundup 5/9</title>
     <link>http://www.magicdiligence.com/articles/weekly-roundup-2009-05-09</link>
     <guid>http://www.magicdiligence.com/articles/weekly-roundup-2009-05-09</guid>
     <pubDate>Sat, 9 May 2009 05:31:45 -0600</pubDate>
     <description><![CDATA[
Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.<br><br>
<a href="http://www.magicdiligence.com/articles/weekly-roundup-2009-05-09">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Warren Buffetts Letter and the Magic Formula, 2009</title>
     <link>http://www.magicdiligence.com/articles/buffett-letter-2009</link>
     <guid>http://www.magicdiligence.com/articles/buffett-letter-2009</guid>
     <pubDate>Wed, 6 May 2009 05:45:55 -0600</pubDate>
     <description><![CDATA[
A look at Warren Buffett&#39;s 2009 letter to shareholders to find wisdom we can apply to the Magic Formula and investing in general.<br><br>
<a href="http://www.magicdiligence.com/articles/buffett-letter-2009">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Weekly Roundup 5/2</title>
     <link>http://www.magicdiligence.com/articles/weekly-roundup-2009-05-02</link>
     <guid>http://www.magicdiligence.com/articles/weekly-roundup-2009-05-02</guid>
     <pubDate>Sat, 2 May 2009 05:14:19 -0600</pubDate>
     <description><![CDATA[
Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.<br><br>
<a href="http://www.magicdiligence.com/articles/weekly-roundup-2009-05-02">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Magic Formula Quck Take:  Korn/Ferry International (KFY)</title>
     <link>http://www.magicdiligence.com/articles/korn-ferry-KFY-quick-take</link>
     <guid>http://www.magicdiligence.com/articles/korn-ferry-KFY-quick-take</guid>
     <pubDate>Fri, 1 May 2009 07:08:40 -0600</pubDate>
     <description><![CDATA[
Korn/Ferry is a large and respected executive recruitment firm, but the business is highly cyclical and has tenuous competitive advantages.<br><br>
<a href="http://www.magicdiligence.com/articles/korn-ferry-KFY-quick-take">Read More...</a>
     ]]></description>
   </item>

   <item>
     <title>Top 10 Magic Formula Stocks by Dividend Yield, P/S, and P/B Ratios</title>
     <link>http://www.magicdiligence.com/articles/top-10-magic-formula-by-metrics-2009-04-28</link>
     <guid>http://www.magicdiligence.com/articles/top-10-magic-formula-by-metrics-2009-04-28</guid>
     <pubDate>Tue, 28 Apr 2009 05:00:09 -0600</pubDate>
     <description><![CDATA[
Magic Formula stocks sorted by highest dividend yield, lowest price-to-sales ratio, and lowest price-to-book ratio.<br><br>
<a href="http://www.magicdiligence.com/articles/top-10-magic-formula-by-metrics-2009-04-28">Read More...</a>
     ]]></description>
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