For many people. Asset allocation means diversification. However, it is not as easy as buying four separate mutual funds and allocating 25% of each mutual fund -this not what true asset allocation is. True asset allocation is based on the principals in Modern Portfolio Theory (MPT). In 1952, Harry Markowitz …
Read More »Emini Trading Systems – Need A High Winning Rate?
It’s certainly good to have a trading system for your favorite emini futures market which boast a high winning rate. Say, over 60% or even over 70%. The higher the better, although realistically anything over 70% is already very good and rarely ever gets better over a longer period of …
Read More »IROs – Think Buyside Styles, Not Names
With the markets steady as a loose guy-wire in a gale, weve seen considerable IRO hand-wringing lately. The lament: Who’s behind this knee-jerk selling? Lets look at the answer this way. Monday, Bear Stearns bought out the minority interest in NYSE specialist firm Bear Wagner and wrote down the investment. …
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