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Weekly roundup of stocks moving in and out of Joel Greenblatt's Magic Formula Investing screen.

Berkshire’s 4th quarter results were propped up by Buffett’s $1.05Bn gains in derivatives betting (something Buffett himself once called "weapons of mass financial destruction" but, as we well know - if you can’t beat them…), which accounted for 1/3 of Berkshire’s $3.06Bn profits.

I am a firm believer that asset allocation plays a significant part in a portfolio’s long-term results. Recently, I received a question asking if you could have a diversified portfolio of dividend stocks. It is an interesting question that deserves further examination.

That’s right, I said WIMPS!

I have never heard so much whining and crying and complaining about a market drop as I have the past few weeks. Last week, I pointed out that we had only fallen 105 points from the prior week (10,172 to 10,067) and this week we fell ALL THE WAY to 10,012 to finish the week and you would think the world was ending (again) from the way the MSM has been acting.

5 current Magic Formula stocks that look like excellent long-term dividend plays.

Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.

Lennar Corporation (NYSE: LEN) reported net earnings of $0.19 per diluted share, compared to a net loss of $5.12 per diluted share, in 2008. Analysts average -$0.48. LEN beats by $0.67.

Fourth quarter net earnings in 2009 were $35.6 million compared to a net loss of $811.0 million last year.

Lennar Corporation operates as a homebuilder in the United States.
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Weekly roundup of stocks moving in and out of Joel Greenblatt's Magic Formula Investing screen.

Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.

Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.

Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.

Deep-down in my soul, I am a contrarian. I felt a sense of excitement entering October. This is the month that stocks have traditionally gone on sale. I was prepared to make a double allocation depending on the level of the markets decline. It didn’t happen.

Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.

Scripps Networks Interactive Inc. (NYSE: SNI) third quarter net income was 39 cents per share, compared to 35 cents, in the third quarter 2008. analysts average 0.36. SNI beats by $0.03.

Third quarter net income was $65.3 million compared with $57.3 million last year.

Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.