Jeremy Grantham Doesn’t Know

If you have been a follower of mine for sometime, you will know that I have little regard for financial pundits who make predictions of exactly where the stock markets are going to be next year.  Nobody knows where stock markets are going to be in a year and anybody...

Trading Systems and Your Personality

Having put a tremendous effort into the development of my timers and relevant ETF trading systems, I can relate to some of the insights provided by expert traders interviewed by Jack Schwager and discussed in "The New Market Wizards - Conversations With America's Top...

Ulcer Index

I use the Ulcer Index rather than Sharpe Ratio or Sortino Ratio as a means of measuring the risk associated with my models. Information on the Ulcer Index is available at Peter Martin's site. Mr. Martin is the creator of the Ulcer Index and on his site he briefly...