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 |
¥1697.71
|
¥21,326.60亿
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5.24%
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372.94%
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19.20%
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14.80%
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27.34
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1.52%
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-
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| 中国石油 |
¥10.05
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¥17,743.80亿
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14.18%
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16.43%
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3.70%
|
8.80%
|
11.29
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4.25%
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-
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| 中国移动 |
¥98.52
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¥14,593.91亿
|
15.24%
|
19.83%
|
3.30%
|
3.20%
|
15.84
|
4.30%
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-
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| 宁德时代 |
¥204.89
| N/A |
¥9,013.20亿
|
8.08%
|
43.10%
|
--
|
65.50%
|
17.17
|
1.22%
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-
| ||
| 中国神华 |
¥41.74
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¥8,009.81亿
|
12.47%
|
30.80%
|
3.60%
|
5.20%
|
14.56
|
6.27%
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-
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| 比亚迪 |
¥216.92
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¥6,078.92亿
|
7.10%
|
15.91%
|
21.50%
|
38.00%
|
20.72
|
0.51%
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-
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| 五粮液 |
¥155.12
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¥6,021.15亿
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8.92%
|
412.01%
|
18.60%
|
17.10%
|
18.99
|
2.40%
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-
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| 工业富联 |
¥25.43
| N/A |
¥5,051.42亿
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5.77%
|
29.92%
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--
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4.60%
|
22.91
|
2.12%
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-
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| 紫金矿业 |
¥18.43
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¥4,750.08亿
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6.19%
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31.35%
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21.70%
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31.20%
|
22.18
|
1.31%
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-
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| 美的集团 |
¥65.41
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¥4,562.56亿
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10.14%
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119.99%
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10.30%
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8.50%
|
12.95
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4.59%
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-
| |||
| 迈瑞医疗 |
¥305.00
| N/A |
¥3,697.95亿
|
3.92%
|
182.74%
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--
|
23.90%
|
30.38
|
2.86%
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-
| ||
| 山西汾酒 |
¥259.42
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¥3,164.83亿
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5.18%
|
93.38%
|
35.10%
|
46.80%
|
26.63
|
1.25%
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-
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| 海康威视 |
¥33.03
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¥3,081.90亿
|
6.04%
|
40.91%
|
16.70%
|
6.20%
|
21.56
|
2.07%
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-
| |||
| 万华化学 |
¥91.28
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¥2,865.96亿
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6.44%
|
15.76%
|
18.00%
|
12.40%
|
16.95
|
1.75%
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-
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| 恒瑞医药 |
¥43.54
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¥2,777.42亿
|
1.88%
|
36.01%
|
12.50%
|
-2.80%
|
62.20
|
0.37%
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-
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| 泸州老窖 |
¥187.01
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¥2,752.76亿
|
7.43%
|
160.76%
|
23.80%
|
31.40%
|
19.46
|
2.24%
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-
| |||
| 海尔智家 |
¥29.85
|
¥2,736.38亿
|
8.99%
|
61.30%
|
8.10%
|
0.10%
|
16.05
|
1.91%
|
-
| |||
| 京沪高铁 |
¥5.24
| N/A |
¥2,573.18亿
|
6.10%
|
8.52%
|
--
|
-7.80%
|
20.96
|
0.22%
|
-
| ||
| 陕西煤业 |
¥25.90
|
¥2,511.01亿
|
18.25%
|
45.44%
|
28.30%
|
25.60%
|
13.21
|
8.59%
|
-
| |||
| 中国建筑 |
¥5.89
|
¥2,451.42亿
|
14.37%
|
160.57%
|
11.00%
|
8.20%
|
4.50
|
4.31%
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-
| |||
| 立讯精密 |
¥32.86
|
¥2,358.69亿
|
6.26%
|
24.91%
|
40.80%
|
38.40%
|
20.28
|
0.39%
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-
| |||
| 格力电器 |
¥41.56
|
¥2,340.41亿
|
18.55%
|
87.27%
|
11.10%
|
5.30%
|
7.78
|
2.40%
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-
| |||
| 海天味业 |
¥37.91
|
¥2,108.02亿
|
3.89%
|
118.24%
|
15.50%
|
6.40%
|
36.10
|
1.87%
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-
| |||
| 顺丰控股 |
¥38.52
|
¥1,885.63亿
|
6.22%
|
18.40%
|
31.00%
|
13.50%
|
22.14
|
1.58%
|
-
| |||
| 伊利股份 |
¥29.23
|
¥1,860.81亿
|
8.36%
|
42.58%
|
12.60%
|
13.70%
|
14.62
|
3.64%
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-
| |||
| 国电南瑞 |
¥22.46
|
¥1,804.17亿
|
5.42%
|
43.53%
|
13.00%
|
13.10%
|
24.96
|
1.71%
|
-
| |||
| 金龙鱼 |
¥32.26
| N/A |
¥1,749.01亿
|
2.92%
|
6.69%
|
--
|
--
|
60.87
|
0.34%
|
-
| ||
| 海光信息 |
¥72.51
| N/A |
¥1,685.38亿
|
1.12%
|
42.46%
|
--
|
--
|
129.48
|
0.05%
|
-
| ||
| 上汽集团 |
¥14.43
|
¥1,670.32亿
|
15.04%
|
24.77%
|
-0.40%
|
-5.00%
|
11.98
|
2.35%
|
-
| |||
| 兖矿能源 |
¥25.01
|
¥1,648.23亿
|
16.81%
|
31.50%
|
28.30%
|
26.90%
|
10.45
|
12.35%
|
-
| |||
| 京东方A |
¥4.37
|
¥1,632.01亿
|
3.17%
|
2.89%
|
12.40%
|
14.00%
|
50.23
|
1.41%
|
-
| |||
| 汇川技术 |
¥59.97
|
¥1,605.94亿
|
3.36%
|
78.32%
|
22.70%
|
36.10%
|
33.50
|
0.59%
|
-
| |||
| 中国中免 |
¥78.01
|
¥1,601.36亿
|
6.74%
|
43.33%
|
21.50%
|
10.20%
|
24.02
|
1.00%
|
-
| |||
| 中国船舶 |
¥35.77
|
¥1,599.79亿
|
3.21%
|
18.05%
|
--
|
-0.50%
|
48.34
|
0.06%
|
-
| |||
| 中国中铁 |
¥6.90
|
¥1,587.80亿
|
9.19%
|
31.35%
|
4.60%
|
3.90%
|
5.41
|
2.88%
|
-
| |||
| 宝钢股份 |
¥7.09
|
¥1,568.30亿
|
9.03%
|
9.72%
|
-1.70%
|
-18.90%
|
12.89
|
2.96%
|
-
| |||
| 阳光电源 |
¥104.88
|
¥1,557.63亿
|
9.07%
|
107.15%
|
36.50%
|
55.40%
|
15.49
|
0.21%
|
-
| |||
| 北方华创 |
¥293.16
|
¥1,556.51亿
|
3.48%
|
55.87%
|
33.70%
|
49.10%
|
35.14
|
0.15%
|
-
| |||
| 中国联通 |
¥4.69
|
¥1,491.45亿
|
18.90%
|
6.50%
|
-2.70%
|
3.40%
|
17.50
|
2.61%
|
-
| |||
| 隆基绿能 |
¥19.56
|
¥1,482.27亿
|
4.92%
|
13.11%
|
45.90%
|
29.00%
|
32.07
|
2.02%
|
-
|