乔尔·格林布拉特 (Joel Greenblatt) 在《股市稳赚》（The Little Book That Beats the Market）一书中公布了他的“神奇公式”： 从所有非公用事业或金融服务公司中，选择资本回报率与收益率综合排名最高的公司。乔尔·格林布拉特的往期业绩证明了神奇公式选出的股可以得到极高的长期回报。
神奇公式策略参考的两个重要指标
1. 收益率
2. 资本回报率
神奇公式用资本回报率参数来保证只选择高质量的公司，用收益率来保证只选择估值合理的公司。用这两个指标分别对公司进行排名后，整体排名最高的公司就是最好的投资选择。但这种方法不适合公共事业或金融服务公司，所以这个策略对行业进行了限制。
如何按照神奇公式策略投资
1. 选择排名最前的25个股票
2. 把要投入的资金以同等的比重（4%）投入每个股票
3. 任何时候开始都可以，每年年初更新一次
| 贵州茅台 |
¥1693.04
|
¥21,267.93亿
|
5.04%
|
386.22%
|
19.20%
|
14.80%
|
28.46
|
1.53%
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-
| |||
| 中国石油 |
¥10.54
|
¥18,502.88亿
|
13.30%
|
16.23%
|
3.70%
|
8.80%
|
11.85
|
4.12%
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-
| |||
| 中国移动 |
¥104.30
|
¥14,349.84亿
|
15.72%
|
19.70%
|
3.30%
|
3.20%
|
16.77
|
4.01%
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-
| |||
| 宁德时代 |
¥193.20
| N/A |
¥8,498.95亿
|
8.69%
|
43.10%
|
--
|
65.50%
|
16.19
|
1.33%
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-
| ||
| 中国神华 |
¥39.96
|
¥7,592.59亿
|
13.87%
|
32.95%
|
3.90%
|
5.20%
|
13.27
|
6.41%
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-
| |||
| 比亚迪 |
¥208.94
|
¥5,858.10亿
|
7.69%
|
16.98%
|
21.50%
|
38.00%
|
20.25
|
0.55%
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-
| |||
| 五粮液 |
¥148.98
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¥5,782.82亿
|
8.53%
|
419.12%
|
14.90%
|
21.00%
|
19.58
|
2.54%
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-
| |||
| 美的集团 |
¥68.24
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¥4,757.53亿
|
9.28%
|
121.26%
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10.30%
|
8.50%
|
13.86
|
3.68%
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-
| |||
| 紫金矿业 |
¥17.40
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¥4,487.74亿
|
6.45%
|
31.35%
|
21.70%
|
31.20%
|
20.88
|
1.43%
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-
| |||
| 工业富联 |
¥22.19
| N/A |
¥4,407.83亿
|
6.84%
|
27.95%
|
--
|
4.60%
|
20.93
|
2.47%
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-
| ||
| 迈瑞医疗 |
¥285.10
| N/A |
¥3,456.67亿
|
3.95%
|
196.87%
|
--
|
26.30%
|
30.46
|
3.08%
|
-
| ||
| 海康威视 |
¥32.64
|
¥3,045.51亿
|
6.12%
|
40.91%
|
16.70%
|
6.20%
|
21.10
|
2.15%
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-
| |||
| 山西汾酒 |
¥245.58
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¥2,995.99亿
|
4.75%
|
134.33%
|
24.60%
|
47.20%
|
28.75
|
1.33%
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-
| |||
| 恒瑞医药 |
¥44.30
|
¥2,825.90亿
|
1.84%
|
36.01%
|
12.50%
|
-2.80%
|
63.29
|
0.37%
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-
| |||
| 万华化学 |
¥84.50
|
¥2,653.09亿
|
6.68%
|
15.76%
|
18.00%
|
12.40%
|
15.69
|
1.92%
|
-
| |||
| 泸州老窖 |
¥179.97
|
¥2,649.14亿
|
6.90%
|
158.22%
|
14.80%
|
31.70%
|
20.78
|
2.32%
|
-
| |||
| 海尔智家 |
¥28.43
|
¥2,606.21亿
|
9.21%
|
59.71%
|
8.10%
|
0.10%
|
16.11
|
2.02%
|
-
| |||
| 京沪高铁 |
¥5.23
| N/A |
¥2,568.27亿
|
4.28%
|
6.07%
|
--
|
-16.90%
|
31.51
|
0.22%
|
-
| ||
| 陕西煤业 |
¥25.22
|
¥2,445.08亿
|
22.12%
|
56.24%
|
22.40%
|
28.60%
|
11.06
|
8.64%
|
-
| |||
| 牧原股份 |
¥44.30
|
¥2,421.15亿
|
4.65%
|
11.20%
|
54.00%
|
69.00%
|
24.34
|
1.67%
|
-
| |||
| 中国建筑 |
¥5.29
|
¥2,201.70亿
|
16.95%
|
163.18%
|
11.00%
|
8.20%
|
4.04
|
4.80%
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-
| |||
| 格力电器 |
¥38.95
|
¥2,193.43亿
|
26.32%
|
79.94%
|
13.30%
|
3.10%
|
8.18
|
2.57%
|
-
| |||
| 海天味业 |
¥38.06
|
¥2,116.36亿
|
3.64%
|
126.19%
|
18.50%
|
13.40%
|
36.01
|
1.86%
|
-
| |||
| 立讯精密 |
¥28.54
|
¥2,048.60亿
|
6.24%
|
22.55%
|
41.70%
|
46.00%
|
20.29
|
0.47%
|
-
| |||
| 国电南瑞 |
¥25.18
|
¥2,022.67亿
|
4.52%
|
40.88%
|
12.60%
|
11.70%
|
29.01
|
1.51%
|
-
| |||
| 伊利股份 |
¥28.08
|
¥1,787.60亿
|
7.51%
|
37.40%
|
13.80%
|
12.40%
|
16.62
|
3.72%
|
-
| |||
| 顺丰控股 |
¥36.09
|
¥1,766.68亿
|
6.75%
|
18.02%
|
31.50%
|
14.40%
|
21.23
|
0.71%
|
-
| |||
| 上汽集团 |
¥15.14
|
¥1,752.50亿
|
16.56%
|
27.49%
|
-0.40%
|
-4.90%
|
12.50
|
2.26%
|
-
| |||
| 海光信息 |
¥74.70
| N/A |
¥1,736.28亿
|
1.03%
|
45.86%
|
--
|
--
|
138.33
|
0.05%
|
-
| ||
| 中国船舶 |
¥37.05
|
¥1,657.03亿
|
2.05%
|
12.37%
|
--
|
--
|
130.00
|
0.05%
|
-
| |||
| 北方华创 |
¥306.34
|
¥1,624.50亿
|
2.69%
|
55.09%
|
25.00%
|
42.60%
|
45.81
|
0.15%
|
-
| |||
| 京东方A |
¥4.32
|
¥1,612.93亿
|
2.36%
|
2.20%
|
12.40%
|
14.00%
|
67.50
|
1.43%
|
-
| |||
| 金龙鱼 |
¥29.75
| N/A |
¥1,612.92亿
|
2.98%
|
6.61%
|
--
|
--
|
56.13
|
0.26%
|
-
| ||
| 中国中铁 |
¥6.94
|
¥1,585.64亿
|
17.21%
|
46.16%
|
8.20%
|
10.60%
|
5.35
|
2.89%
|
-
| |||
| 宝钢股份 |
¥7.11
|
¥1,572.72亿
|
8.78%
|
9.00%
|
0.40%
|
-15.40%
|
13.94
|
2.97%
|
-
| |||
| 兖矿能源 |
¥23.63
|
¥1,537.86亿
|
19.57%
|
35.00%
|
28.30%
|
26.90%
|
8.55
|
13.16%
|
-
| |||
| 汇川技术 |
¥57.43
|
¥1,537.48亿
|
3.42%
|
78.32%
|
22.70%
|
36.10%
|
32.08
|
0.61%
|
-
| |||
| 中国联通 |
¥4.74
|
¥1,507.35亿
|
18.62%
|
6.50%
|
-2.70%
|
3.40%
|
17.61
|
2.59%
|
-
| |||
| 潍柴动力 |
¥17.54
|
¥1,484.56亿
|
17.54%
|
30.90%
|
12.10%
|
-0.20%
|
16.85
|
2.16%
|
-
| |||
| 洋河股份 |
¥98.40
|
¥1,482.34亿
|
11.71%
|
136.65%
|
5.90%
|
4.20%
|
14.10
|
3.80%
|
-
|