They show the returns generated by first selecting the best Magic Formula companies (most undervalued) and then sorting them by the items in the Factor 2 column. The returns you should look at are those in column Q1. We also tested the Magic Formula investing strategy with a lot of other ratios and, as you can see in the table below, the returns of the strategy can be improved substantially. The best Magic Formula investing companies all substantially outperformed the market which returned only 30.54% over the same 12 year period.īut you can substantially improve the returns of the Magic Formula strategy Substantially better than the market - only +30.5% It did this for small, medium and large companies. Source: Quantitative Value Investing in Europe: What works for achieving alphaĪs you can see companies with the best Magic Formula rank (the best ranked companies), quintile 1 (Q1) in the above table, did a lot better than companies with the worse Magic Formula rank. These were the returns the Magic Formula in Europe over the 12 year period from June 1999 to June 2011. What returns did the Magic Formula investment strategy generate? The best ranked 20% of Magic Formula companies were put in the first quintile (Q1), the next in the second, and so on, with the 20% of companies with the worse Magic Formula ranking in the fifth quintile (Q5). For example, when testing a the Magic Formula investment strategy, the back test universe was ranked from the best to the most expensive stocks. In order to test the effectiveness of an investment strategy, we divided the back test universe into five equal groups (quintiles), according to the ratio we were testing. The portfolios were all constructed on an equal-weighted basis. This means each year the return of the portfolio (dividends included) would be reinvested (equally weighted) in the strategy the following year. Returns were compounded on an annual basis. The annual returns were calculated as the 12-month price change plus dividends received. We chose 16 June as most European companies have a December year-end and by this date all their previous year-end results would be available. The 12-year period included a stock market bubble (1999), two recessions (2001, 2008-2009) and two bear markets (2001-2003, 2007-2009).Įach year all the portfolios were formed on 16 June. It was not a good time to invest in stocksĮven thought the test period was short it was not a good time to be invested in stocks. For bankrupt companies, or companies that were taken over, returns were calculated using the last stock market price available before the company was delisted.Ĭompanies with an average 30-day trading volume of less than €10,000 were excluded. The universe excluded banks, insurance companies, investment funds, certain holdings companies, and REITS.īankrupt companies were included to avoid any survivor bias. Our back test universe was a subset of companies in the Datastream database containing an average of about 1500 companies in the 17 country Eurozone markets during our 12-year period from 13 June 1999 to 13 June 2011. Return on invested capital (ROIC) = EBIT / (net working capital + net fixed assets).Įarnings yield = EBIT / Enterprise value.īefore I show you the returns of the Magic Formula first some information on how we tested. This is how the two Magic Formula investing ratios are calculated: The Quant Investing stock screener does all this for you with the click of a mouse.Ĭompanies with the lowest combined rank (high quality companies that are undervalued) are recommended, usually the top 30 companies.Ĭlick here to get Magic Formula investment ideas where you invest The formula then ranks the universe of companies on ROIC (where 1 is the company with the highest ROIC), and by earnings yield (where 1 is the company with the highest earnings yield), and then sum the two ranks to give a combined score. It does this by looking for companies with a high earnings yield (companies that are undervalued) and a high return on invested capital (ROIC) (quality companies). The Magic Formula finds good quality companies that are trading at an attractive price. It is also the book that got me started with quantitative investing. You most likely already know the Magic Formula investment strategy was developed by Joel Greenblatt and described in his excellent book called The Little Book that Still Beats the Market. You can also see how you can improve the Magic Formula returns from 183% to 783% by just adding one simple easy to calculate ratio. This article shows you the back tested returns of the Magic Formula investment strategy in Europe over the 12 year period from June 1999 to June 2011. Magic Formula Investing and Momentum investment strategy
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Do Dryer Sheets Work To Keep Wasps And Other Pests Out? It’s a common trick mail carriers use to prevent nests from forming in mailboxes. They probably opened your mailbox to find some wasps inside or saw the insects flying around so they popped a dryer sheet in there as a preventative measure. If you see a dryer sheet in your mailbox, then it’s likely that your mail carrier put it in there. They’re a cheap and simple way of keeping the pests away. But, with just a few dryer sheets, your mail carrier won’t have that problem.Īdding a dryer sheet in your mailbox is said to prevent these creepy crawlies from setting up shop in your mailbox. Nobody wants to have to watch out for aggressive wasps when trying to do their job. And your mailbox may just be the perfect place.įinding a yellow jacket or wasp in a mailbox can really ruin your mail carrier’s day. Unfortunately, when summer rolls around, these pests look for a good place to nest. If you’ve ever met one of these creatures on a hot day, you know what a bother they can be. The main reason to leave a dryer sheet in your mailbox is to ward off any pesky bugs like wasps and yellow jackets. So, why are people finding or putting dryer sheets in their mailbox? The reason might sound crazy, but trust us, this has become quite a common phenomenon. Why Are People Finding Dryer Sheets In Their Mailboxes? Well, if you’ve ever wondered why people are doing this and whether you should put a dryer sheet in your mailbox to join in on the trend, you’ve come to the right place. Why do people put dryer sheets in their mailboxes? Or perhaps you opened your mailbox in the summertime and found a dryer sheet in there. But what do dryer sheets in mailboxes mean? Less commonly, the sunny season also comes with dryer sheets in mailboxes. Summer brings clear skies, a warm breeze, and delicious ice cream. There are two modes available: AI Mode and Manual Mode. This tab will allow you to perform the selected operation with a single click. Advanced System Care 16 Pro has five tabs – Care, Speed Up, Protect, Software Updater, and Action Center. Software Health scans and updates outdated software, and Hardware Health updates outdated drivers on your system. This feature is designed for Windows 10 users to fix common issues and configure Windows 10 settings. With this option, you can Auto-catch intruders who attempt to access your PC. Also, it removes more malicious & ad-based plug-ins with the new IObit Uninstaller. It removes unnecessary programs & browser extensions. Up-to-date SoftwareĮnhanced Software Updater supports updating more popular programs. Improved File CleanerĪdded cleaning for installed driver packages to free up more disk space. Privacy Sweep supports cleaning more programs and Windows apps. New Resource Manager checks the processes taking high RAM/CPU/disk usage in real-time. Supports Google Chrome, Mozilla Firefox, and Microsoft Edge. Removes many online ads and blocks more bad websites. Fingerprint Protection and Anti-Tracking features are only available for PRO users. Fingerprint Protection was a new feature added in Version 15. It includes Access Protection, Fingerprint Protection, and Anti-Tracking. Includes Email Protection, Ads Removal, Surfing Protection, and Homepage Advisor. Auto RAM Clean is available for PRO version users only. Monitor and optimize your system resources in real-time with Performance Monitor and Auto RAM Clean features. Anti-Spyware is available for PRO users only. This section displays the status of your system’s Antivirus and Firewall Protection. In addition, you can also manage your Scheduled Tasks and Browser Startups. With a single click, Startup Optimizer will boot your PC faster by optimizing system startup items. Advanced SystemCare 16 Pro Key Featuresīased on the status of your PC, AI Mode will clean and speed up your PC. You can get a great discount in this section using our Advanced SystemCare pro coupon codes. You can also read a full Advanced SystemCare Pro 16 Review if you want more detailed information. Once set, Advanced SystemCare 16 Pro will take care of everything. Cleaning and Tuning Windows PC is the primary function. Once you have done the basic settings after installation, forget about it. Advanced SystemCare 16 Pro takes total care of your system. I used NTFS 14 Preference Pane, & tried to erase/format using NTFS. So, I took an MBR formatted usb drive with one NTFS partition, working properly in both Mac & Windows, and with Disk Utility I created 1 NTFS partition by deleting the previous one, keeping in mind to check in “Options…” that MBR is selected again. I haven’t noticed that the default in my mac was GPT instead of MBR. It already works with macOS Sierra 10.12 was really helpful, thank you! HDM for Mac is not just for backup - it’s a powerful application that covers all aspects of the computer’s life cycle, including drive partitioning, file system optimization and repair functions, data backup capabilities, and irreversible data wiping. In case you quite often need not only to verify and format NTFS volumes, but perform more advanced tasks, such as move, resize, copy or even undelete partitions formatted to HFS+, NTFS, ExtFS, FAT and exFAT, try the new Paragon Hard Disk Manager for Mac. Support of the Windows NT file system is automatically added to the command-line diskutil during installation of the NTFS for Mac driver. mount_ufsd_NTFS mounts or unmounts NTFS disks.newfs_ufsd_NTFS formats a volume to NTFS.fsck_ufsd_NTFS finds and repairs errors on NTFS disks.Advanced users familiar with Unix will have access to additional options through this interface: NTFS for Mac 14 also fixes found file system errors during the volume verification process:įor those comfortable with Terminal, the same actions can also be performed with Paragon’s command-line utilities. In order to verify or format your NTFS or ExtFS volumes with Paragon drivers, you need to launch the app Preference Pane, select a volume and click “Verify” or “Erase”, depending on what operation you need. Here’s what NTFS for Mac 14 looks like when launched: In addition to Windows NTFS, other file systems supported by OS X can also be used with this preference pane - for example, if Paragon’s ExtFS for Mac driver is already installed on the same system, NTFS for Mac will also be able to format, verify, or mount Linux-native Ext2/3/4 disks as well. Since Disk Utility can no longer be used to work with Windows-formatted volumes, NTFS for Mac 14 now includes built-in format, verify, and mount functionality. In addition to the under the hood changes outlined above, the familiar NTFS for Mac preferences pane has been overhauled with version 14. The reasons for the change don’t make a whole lot of sense to outsiders, especially when disks mounted by non-native drivers can still be mounted, formatted, or repaired by using the command-line diskutil. Once you get used to the glossy new user interface, veteran users might notice Disk Utility no longer manages disks mounted by third-party drivers, at least not through the program’s graphical user interface. The El Capitan version of Disk Utility has been through major changes - both cosmetically and under the hood. However, in this article we going to show you how to format, verify and repair NTFS volumes with built-in partitioning tools in NTFS for Mac 14 under Mac OS X 10.11 El Capitan. If you are in need of such a solution, you can try Paragon HDM for Mac now. To address this issue, we integrated the functionality directly to NTFS for Mac Preference Pane.Īdditionally we have recently released a new professional maintenance tool, Paragon Hard Disk Manager for Mac, to help you perform these basic and numerous advanced file system and volume partitioning operations. Since the release of Mac OS X 10.11 El Capitan, Paragon Software Сustomer Service have received over a 1000 requests concerning the verify/repair/format disk utility options, which disappeared from the Disk Utility in OS X 10.11 El Capitan. After that, you can adjust the pages' relative widths, similar to Windows 10's Snap Assist window view. In Neon, you can't resize page windows, but you can drag tab circles to the top of the window to effect a side-by-side view. Side-by-side webpage viewing is something we've only seen recently in Vivaldi, which comes from one of Opera's original founders. This could be useful but Edge goes further in letting you annotate the copied portion, and offers slicker ways to share the result. Like Microsoft Edge, Neon provides a way for you to snip and save parts of a webpage you select. Oddly, you can't reposition these to taste, and adding a new bookmark is a bit harder than it should be: You can only do so after opening a webpage, closing it, and then dragging its tab circle to the center of the window. That applies the bookmarks, which are more like desktop icons that appear randomly in the center of the program window. Whenever you delete an item such as a tab or bookmark in Neon, animated powder puffs out, and then disappears. Unlike Firefox's recent privacy-focused Firefox Focus mobile browser, Neon has most of the browsing assistant goodies we're used to: It can save passwords, show history, save bookmarks, a downloads panel, and of course multiple tabs. You can choose among the popular search engines of the day, but I was surprised that DuckDuckGo wasn't among the default choices, since it beats the rest on privacy. If you do reduce Neon's, window size, the browser itself uses responsive design, meaning its elements such a tab buttons shrink as you shrink the window.įloating in the top center of the window is a subdued search-and-address bar, which is really just an icon and a line. Instead, you can minimize the window and then hit the X in its tab circle on the right. Oddly, those webpage windows don't have an X option in the top-right corner for closing the page. It runs full-screen optimally, and webpages appear as windows within that full-screen window. The interface really feels more like a desktop than a typical browser. You can drag out page content like images to store for later use in your Gallery. The tabs are also circles, on the right side. In fact, it seems like you're looking at your desktop, rather than at a browser, since it takes over the whole screen. The browser's desktop looks more like a PC desktop, with free floating circular bookmarks. The installer is a small 36MB, and was up and running nearly instantly. I got an early look at the Neon, which doesn't look like any browser you've ever used. It's not replacing the standard browser (which offers unique features like Turbo cached browsing, Speed Dial start pages, and built-in ad blocking) but starting today anyone can download Neon to try it out. Not yet a fully released product, Neon is more of a technology preview. The latest from the Norwegian developer who brought you page zoom and built-in search, is a radical reimagining of the Web browser called Opera Neon. You gotta love Opera, that tech force from the north, for always trying to push the Web forward. Best Hosted Endpoint Protection and Security Software. It can identify most of the new kind of virus in an instant and get rid of them from your computer. Spy Hunter 5 Crack Keygen is very efficient at removing computer malware and viruses. 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SpyHunter is mainly designed to give your PC all-round protection against all kinds of malware, viruses and all those unwanted things which can potentially harm your PC. Spy Hunter 5 Crack Keygen is computer software that can perform several tasks for your Windows Computers like scan, identify, remove, and block malware as well as potentially unwanted programs (PUPs). See also 4 Methods to fix WMI Provider Host High CPU Usage | Disable it There are limits on vertical movement, but Minecraft allows an infinitely large game world to be generated on the horizontal plane. The game world is virtually infinite and procedurally generated as players explore it, using a map seed that is obtained from the system clock at the time of world creation (or manually specified by the player). Īn example of Minecraft 's procedurally generated terrain, including a village and the default skin Steve The game also contains a material called redstone, which can be used to make primitive mechanical devices, electrical circuits, and logic gates, allowing for the construction of many complex systems. Many commentators have described the game's physics system as unrealistic. Players can "mine" blocks and then place them elsewhere, enabling them to build things. These blocks are arranged in a 3D grid, while players can move freely around the world. The core gameplay revolves around picking up and placing these objects. The game world is composed of rough 3D objects-mainly cubes and fluids, and commonly called "blocks"-representing various materials, such as dirt, stone, ores, tree trunks, water, and lava. Gameplay is in the first-person perspective by default, but players have the option of a third-person perspective. However, there is an achievement system, known as "advancements" in the Java Edition and Bedrock Edition of the game, " trophies" on the PlayStation ports, and simply "achievements" on the Xbox ports. Minecraft is a 3D sandbox game that has no required goals to accomplish, allowing players a large amount of freedom in choosing how to play the game. Several spin-offs have also been made, including Minecraft: Story Mode, Minecraft Dungeons, Minecraft Earth, and the most recent release Minecraft Legends. In 2014, Mojang and the Minecraft intellectual property were purchased by Microsoft for US$2.5 billion. The game has also been used in educational environments to teach chemistry, computer-aided design, and computer science. Social media, parodies, adaptations, merchandise, and the annual Minecon conventions played prominent roles in popularizing the game. Minecraft has received critical acclaim, winning several awards and later being cited as one of the greatest video games ever created. The game's large community also offers a wide variety of user-generated content, such as modifications, servers, skins, texture packs, and custom maps, which add new game mechanics and possibilities. Game modes include a survival mode (in which players must acquire resources to build in the world and maintain health) and a creative mode (in which players have unlimited resources and access to flight). Depending on their chosen game mode, players can fight hostile mobs, as well as cooperate with or compete against other players in the same world. In Minecraft, players explore a blocky, procedurally generated, three-dimensional world with virtually infinite terrain and may discover and extract raw materials, craft tools and items, and build structures, earthworks, and machines. Minecraft is the best-selling video game in history, with over 238 million copies sold and nearly 140 million monthly active players as of 2021, and has been ported to several platforms. Following several early private testing versions, it was first made public in May 2009 before being fully released in November 2011, with Notch stepping down and Jens "Jeb" Bergensten taking over development. The game was created by Markus "Notch" Persson in the Java programming language. Minecraft is a sandbox game developed by Mojang Studios. To upgrade to and install the latest SuperTuxKart release you’ll need to use an alternative install method, like Snap, Flatpak or PPA. Ubuntu users can install an older version of SuperTuxKart from the repos, but should be aware that the repo build does not include online play. The game is available to download for Windows, macOS, Android and Linux. You can download SuperTuxKart binary files or source code from the SuperTuxKart Sourceforge page. The old mansion track is supplanted by the new, improved and previously donate-only, Ravenbridge Mansion track in this release, while the Black Forest add-on joins the track roster proper. SuperTuxKart 1.0 also features a slate of minor gameplay and performance improvements, kart rebalancing, and several revised/new tracks. To join a community server just select one from the list. To create your own server just use the “create server” option. “Cross-continent may not work the best you should try to have a reasonable ping – 100ms works fine, and we had some races with 300ms ping, though unavoidable sudden stuttering and karts jumping around is more frequently at higher latencies.”Ī stable connection is also necessary (particularly for those acting as host server), but bandwidth usage is described as “minimal”, even with the maximum 10 players connected. Multiple game modes: normal race, time trial, soccer, battle and ‘capture the flag’Īll of the karts, characters and tracks you love are available in online play too, and you’ll continue to find all the same power-ups available in item boxes.įor the best results it’s advised you try to race with other online players located in the same country or continent as you (depending on which is bigger).Play with up to 10 other players online.The online play feature in Super Tux Kart 1.0 - and up, in case you’re a time traveller reading this post far in the future - works just like you would expect: you choose online play, pick (or host) a server, and wait to join fellow racers If you’re an avid Super Tux Kart player you might have been making the most of the feature in recent beta and release candidate builds versioned 0.10.īut in honour of the latest release - which STK devs described as “the most significant step forward in SuperTuxKart’s more than 12 years of history” - the version number leaps to 1.0 with this release. Not that networked multiplay is totally new. With this release the FOSS-themed Mario Kart alternative matches its inspiration for real-time competitive online play (but, unlike its inspiration, remains mercifully free of terrible Blue Shells and turgid Rainbow Road). “The most significant step forward in SuperTuxKart’s 12 year history” STK Devs Yes, SuperTuxKart 1.0 is officially released.Īnd a notable release it is too: SuperTuxKart 1.0 is the first stable version of the famed open-source racing game to offer online multiplayer functionality. The chequered flag falls on SuperTuxKart as it speeds into pole position. 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Warranty: 1 Year comprehensive warranty on product & 12 Years on motor & 1 year on product, 5 years on motorĪfter Delivery Sales Experts Lock the Installation request in Company, After Raising the request you will receive the confirmation MSG for Company.Included Components: 1 Chimney & user manual.Special Features: Cooling Fan, Air Purifier, Noise Reduction.Annual Energy Consumption: 180 Kilowatt Hours Per Year.Spark Pro 3D BK FT 60, 60CM, with Air purifier & Fan ‘There's been no escape from the power of Satan / On a nation so brave and so proud.’ Chills with cheese on. ‘From the first evil night, when a black flash of light / Cut the crucifix half to the ground,’ Martin sings, unlocking arch new levels of melodrama. Layering up the synths and OTT '80s arena-rock production, the title track’s (apparently true) medieval tale of the titular small town where the inhabitants would pray to the dark lord of a headless cross on the hill to be spared from the rampant pestilence of the time is brought thrillingly to life. The 4 Dio era studio albums remain hugely popular amongst Black Sabbath fans, with many hailing the first 2 amongst the band’s best, usually flaring up the who was better Ozzy or Dio debate. It was his follow-up offering Headless Cross, though, which sticks out in many fans’ minds. The arrival of relatively unheralded vocalist Tony Martin for 1987’s The Eternal Idol changed all that. Instead, Dio split when he refused to open shows for Ozzy Osbourne's retirement tour they used Judas Priest singer Rob Halford for a few shows, and then everyone left but Iommi and Butler, who stayed on to paste a new lineup back together for the marginally better Cross Purposes.As they entered their third decade as a band, with Tony Iommi the sole remaining founding member, there were concerns that Sabbath had burned through their remaining reserves and were destined (like so many of their '70s contemporaries) to stall and spiral into nostalgia-act blandness. As Paul Elliott of Louder tells us, Dio joined Black Sabbath when the band fired the increasingly unreliable Ozzy Osbourne in 1979, and his powerful voice was a perfect match for the bands signature sound. Dehumanizer isn't terrible, but it should have been the sign for the band to call it a career. At least he doesn't sing about dragons, but it wouldn't be that much worse than what is here. "Computer God," "TV Crimes," and "Master of Insanity" are all decent songs that are tanked by his cheesy "contempt for humanity" lyrics. You might not know the name Cozy Powell but youve definitely heard him - played drums for Whitesnake, ELP, Rainbow, Black Sabbath etc. And instead of Butler's classic doom-laden lyrics making their triumphant return, Dio takes on the writing duties and manages to pen some true stinkers. PodPinky Met Dio - he only came up to my shoulders Sabbath rehearsed in 1992 at Rich bitch in Birmingham a couple of miles away and I met him there. The bandmembers do craft enough good riffs to make songs like "Time Machine" and "After All (The Dead)" at least sound interesting, but they don't deliver a "Heaven and Hell" or "E5150" like they could have. "Sins of the Father" is a good example they attempt a "Children of the Sea"-type slow jam with the same ringing guitar and up-tempo vocals, but the hook is just not there and the band sounds like its creative wheels are spinning in place. With Dio as a frontman, the band was harder, nastier, and a little faster than the slow sludge of the early Sabbath records, but it fit in nicely with the New Wave of British. But they cannot seem to overcome the challenge of crafting classic Sabbath material, and it is this issue that haunts the recording from moment one. 'Children of The Sea' is the 2nd track of Black Sabbath's 9th album, Heaven And Hell (1980). The Dio Years proves that during his brief time with the band, Dio did help Sabbath make music that could hold its own with some of the classic lineup's finest moments. Ronnie James Dio delivers his strongest performance since the early '80s, and hearing Geezer Butler and Tony Iommi play together after nine years is inspiring. But with ten-year-old internal tensions still gnawing away at the band, they hastily created Dehumanizer, a weird side note in their long history. In a perfect world, they would have created a monster of an album and shot back into the limelight with a vengeance. 1 The name Dio was chosen because it made sense from a commercial standpoint, citation needed as the name was already well known at that time. Dio left Black Sabbath with intentions to form a new band with fellow former Black Sabbath drummer Vinny Appice. Sabbath and Dio were dealing with a dwindling fan base, unsuccessful albums, and a longstanding creative rut when they decided to reunite the Mob Rules lineup. Dio was an American heavy metal band formed in 1982 and led by vocalist Ronnie James Dio. |