The hate e-mail can stop!! This blog has been investing real money in the magic formula for over 2 years. 2007's results and results since inception are now posted!

Excerpt: "A lot of value investors have been waiting patiently for Western Union (NYSE: WU) to be freed from its yoke as a subsidiary of First Data (NYSE: FDC). Their wish was granted last September, and although Western Union hasn't exactly come blazing out of the gates in its first official quarter, management's tone and strategy indicated that its eye is still on the ball."

Commentary on buying or selling Magic Formula Stocks on 20% drops in stock price.

Commentary on mistakes made and lessons learned after investing for one year in Joel Greenblatt's Magic Formula, as detailed in "The Little Book that Beats the Market."

David Phillips of 10Q Detective finds value in Fording Canadian Coal Trust. He crunches through several relative valuation metrics and discusses the background surrounding this company.