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 |
¥1747.07
|
¥21,946.65亿
|
3.68%
|
63.53%
|
19.30%
|
23.30%
|
39.37
|
1.10%
|
-
| |||
宁德时代 |
¥411.50
| N/A |
¥9,591.45亿
|
2.27%
|
37.53%
|
--
|
29.40%
|
61.99
|
0.06%
|
-
| ||
中国石油 |
¥5.15
|
¥9,022.73亿
|
15.77%
|
11.34%
|
0.60%
|
4.60%
|
9.19
|
4.22%
|
-
| |||
比亚迪 |
¥267.50
|
¥7,787.31亿
|
0.87%
|
7.86%
|
16.90%
|
6.40%
|
212.30
|
0.05%
|
-
| |||
五粮液 |
¥154.72
|
¥6,005.62亿
|
6.72%
|
182.32%
|
13.00%
|
26.10%
|
24.14
|
1.66%
|
-
| |||
中国神华 |
¥30.88
|
¥5,810.77亿
|
19.58%
|
34.54%
|
-3.10%
|
4.10%
|
10.65
|
5.87%
|
-
| |||
美的集团 |
¥55.70
| N/A |
¥3,897.36亿
|
9.53%
|
114.85%
|
--
|
11.20%
|
13.03
|
2.89%
|
-
| ||
隆基股份 |
¥68.28
|
¥3,695.96亿
|
3.09%
|
35.74%
|
48.10%
|
36.60%
|
39.93
|
0.26%
|
-
| |||
迈瑞医疗 |
¥297.75
| N/A |
¥3,610.04亿
|
2.75%
|
195.63%
|
--
|
28.90%
|
43.06
|
0.84%
|
-
| ||
海天味业 |
¥73.71
|
¥3,415.60亿
|
2.41%
|
168.86%
|
20.80%
|
19.60%
|
50.91
|
1.04%
|
-
| |||
中国中免 |
¥173.33
|
¥3,384.23亿
|
4.27%
|
88.67%
|
26.10%
|
40.20%
|
36.11
|
0.57%
|
-
| |||
山西汾酒 |
¥254.15
|
¥3,100.92亿
|
3.11%
|
249.00%
|
16.50%
|
45.00%
|
45.26
|
0.06%
|
-
| |||
海康威视 |
¥32.48
|
¥3,063.91亿
|
6.63%
|
57.00%
|
26.60%
|
16.00%
|
17.89
|
2.45%
|
-
| |||
泸州老窖 |
¥203.78
|
¥2,998.86亿
|
4.08%
|
104.38%
|
8.90%
|
31.50%
|
34.48
|
1.01%
|
-
| |||
药明康德 |
¥98.78
| N/A |
¥2,859.77亿
|
2.27%
|
38.60%
|
--
|
22.80%
|
56.43
|
0.30%
|
-
| ||
万华化学 |
¥82.60
|
¥2,593.43亿
|
10.05%
|
32.43%
|
19.60%
|
15.60%
|
11.09
|
3.03%
|
-
| |||
中国建筑 |
¥5.85
|
¥2,453.54亿
|
18.70%
|
33.39%
|
13.70%
|
15.10%
|
4.56
|
3.68%
|
-
| |||
紫金矿业 |
¥9.57
|
¥2,452.55亿
|
10.10%
|
39.89%
|
9.60%
|
26.70%
|
13.03
|
1.26%
|
-
| |||
伊利股份 |
¥37.50
|
¥2,400.05亿
|
4.95%
|
35.29%
|
14.50%
|
10.70%
|
24.83
|
2.19%
|
-
| |||
顺丰控股 |
¥48.81
|
¥2,389.35亿
|
4.82%
|
22.89%
|
36.90%
|
18.00%
|
35.89
|
0.67%
|
-
| |||
金龙鱼 |
¥43.97
| N/A |
¥2,383.87亿
|
2.19%
|
7.32%
|
--
|
--
|
89.72
|
0.25%
|
-
| ||
洋河股份 |
¥157.07
|
¥2,367.03亿
|
5.58%
|
148.94%
|
6.30%
|
4.20%
|
27.34
|
1.91%
|
-
| |||
海尔智家 |
¥25.57
|
¥2,294.64亿
|
8.33%
|
59.60%
|
11.50%
|
5.60%
|
17.63
|
1.42%
|
-
| |||
京沪高铁 |
¥4.51
| N/A |
¥2,214.70亿
|
3.26%
|
4.19%
|
--
|
-5.50%
|
46.49
|
0.73%
|
-
| ||
万科Ａ |
¥18.86
|
¥2,128.32亿
|
15.91%
|
27.79%
|
17.30%
|
9.50%
|
9.65
|
6.64%
|
-
| |||
立讯精密 |
¥29.74
|
¥2,106.87亿
|
4.31%
|
22.19%
|
39.80%
|
48.00%
|
28.32
|
0.37%
|
-
| |||
保利发展 |
¥16.79
|
¥2,009.81亿
|
12.96%
|
14.72%
|
17.10%
|
18.80%
|
7.33
|
4.35%
|
-
| |||
海螺水泥 |
¥37.99
|
¥1,969.68亿
|
34.58%
|
55.03%
|
14.20%
|
22.70%
|
6.22
|
5.58%
|
-
| |||
格力电器 |
¥33.27
|
¥1,967.74亿
|
24.00%
|
98.59%
|
16.20%
|
7.70%
|
8.05
|
12.02%
|
-
| |||
恩捷股份 |
¥211.02
|
¥1,883.16亿
|
2.05%
|
23.64%
|
22.80%
|
43.20%
|
58.78
|
0.08%
|
-
| |||
恒瑞医药 |
¥29.49
|
¥1,881.17亿
|
2.44%
|
27.98%
|
19.50%
|
12.60%
|
44.01
|
0.57%
|
-
| |||
上汽集团 |
¥16.08
|
¥1,878.70亿
|
27.39%
|
39.71%
|
1.70%
|
-2.60%
|
8.07
|
3.85%
|
-
| |||
爱尔眼科 |
¥34.55
|
¥1,873.19亿
|
1.84%
|
55.85%
|
28.80%
|
34.60%
|
75.59
|
0.33%
|
-
| |||
国电南瑞 |
¥33.21
|
¥1,852.74亿
|
4.10%
|
32.93%
|
13.30%
|
9.60%
|
31.63
|
1.05%
|
-
| |||
工业富联 |
¥9.29
| N/A |
¥1,845.47亿
|
13.80%
|
28.88%
|
--
|
--
|
9.20
|
2.70%
|
-
| ||
片仔癀 |
¥299.20
|
¥1,805.13亿
|
1.75%
|
121.41%
|
22.80%
|
32.20%
|
70.73
|
0.29%
|
-
| |||
通威股份 |
¥39.82
|
¥1,792.52亿
|
8.77%
|
35.80%
|
24.50%
|
31.70%
|
14.27
|
0.61%
|
-
| |||
陕西煤业 |
¥17.12
|
¥1,659.78亿
|
42.86%
|
74.31%
|
12.40%
|
32.50%
|
7.11
|
4.67%
|
-
| |||
中国中铁 |
¥6.86
|
¥1,605.08亿
|
13.25%
|
62.53%
|
7.50%
|
10.30%
|
6.27
|
2.63%
|
-
| |||
智飞生物 |
¥97.41
|
¥1,558.56亿
|
8.40%
|
109.29%
|
50.40%
|
143.30%
|
13.93
|
0.52%
|
-
|