In addition to the work of Edwards, Magee, Livermore and the others mentioned in last month’s article, the 1930s and 40s saw several other advances relating to the theory and evidence for trend
You have to go back to 1990 when the Barclay CTA index had a higher return, 21.02%, than the 14.11% in 2008. The index produced several 20% plus years in the 1980s, but the entire industry was much
“We thought he was a bright guy,” was Dunn’s initial reaction to Mundt. “He bounced ideas off us, he was giving us some real time trades and we gave him help and told him we would be a lot more
The idea of index funds is a sound one. If active managers are targeting returns to an index, say the S&P 500, why pay more for active management if you can invest in a fund with the goal of