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Something that works for a decade is nothing to sneeze at. Robyn
RobertBu wrote:
> I think you are walking down a blind alley. For any given time period,
> some system will be the best. The problem is that systems don't
> stay the best. Take a look at What Works on Wall Street.
> James P. O'Shaughnessy compared a lot of different stock selection
> criteria. He found that some criteria worked very well for a decade
> or more, but lost money over the long haul. He isolated the best
> performing strategy over the long haul, but the mutual funds
> based on this strategy have massively underperformed
> the overall market over the last few years.
>
> == Rob ==
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