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The Acquirer’s Multiple: How the Billionaire Contrarians ~ THE ACQUIRER’S MULTIPLE 9 $10,000 Invested in S&P 500, Pure Charlie, Magic Formula, and Acquirer’s Multiple (1973 to 2017) Log $50 Million and Greater, Thirty Stocks $50 Million Sample Statistics (1973 to 2017) Pure Charlie Magic Formula Acquirer’s Multiple S&P 500 TR Return 15.1% 16.2% 18.6% 10.3% Standard Dev. 19.4% 22.6% 23.2% 15.3%
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