Muscular Investing February 26, 2019 at 06:10 AM
Examining the top gurus of the last 18½ years reveals numerous periods — 1, 2, and 3 years long — when they badly lagged the market. Could you wait? • Every superior investing strategy enhibits ‘cold streaks’ as well as ‘hot streaks... Read More
Muscular Investing February 14, 2019 at 06:45 AM
Beating the market in every up AND down month is a ‘yeti portfolio’ — a myth, a dream. Today’s computerized traders would overgraze any such system. • Every strategy that outperforms the S&P 500 over complete bear-bull market cycles MUST have years of underperformance... Read More
Muscular Investing February 12, 2019 at 06:00 AM
The Dow Jones Industrial Average has beaten the S&P 500 for decades. But people love the S&P. Why? Because they don’t know how to use tracking error. • Over the past 21 years, the DJIA has delivered 32% more gain than SPY. But traders shun the Dow... Read More
Muscular Investing February 07, 2019 at 09:25 AM
When does a tortoise beat a hare? When it’s an investing strategy that lags the market for months or years but keeps chugging along and wins in the end... Read More
Muscular Investing February 05, 2019 at 04:00 AM
When your system lags behind the S&P 500, what do you do? Jump to something else? Staying the course with a working long-term system is a better plan. • Every mechanical investing formula has tracking error: times when it underperforms whatever index you care to use... Read More
