Gyroscopic Investing

Xan wrote:

Tom wrote:With the PP up above 10% YTD this year, I'm curious to know where you're at mathjak to see if your strategy is still up ahead or if this year balances out PP's lackluster performance last year.

Mathjak has long since been banned.

barrett wrote:

Xan wrote:

Tom wrote:With the PP up above 10% YTD this year, I'm curious to know where you're at mathjak to see if your strategy is still up ahead or if this year balances out PP's lackluster performance last year.

Mathjak has long since been banned.

I don't think that is correct. My understanding is that he left voluntarily because we are a bunch of Kool-Aid drinkers.

Tom wrote:The Kool-Aid is tasting pretty good right about now.

mathjak107 wrote: ↑Mon Oct 05, 2015 1:07 pm well whatever works .  i never go in our out . we alter allocations a little or swap fund types but trying to bet the ranch on in or out of equity's is a game i have not played since fabians can't lose  moving average newsletter .

that was until we lost  ha ha ha

MangoMan wrote: ↑Mon Oct 05, 2015 1:27 pm

mathjak107 wrote: fabian had a pretty good track  record back in the day with his moving average system .  his newsletter was hot . his thing was he would sacrifice the 10% at the top and bottom and you get the 80% in the middle .

well markets whip sawed the model so bad it fell way behind . the markets were acting faster than the moving averages could respond . eventually performance sucked .

so he went back to the lab and revised hings . he proclaimed it is going to be so god that he publicly posted his moves in his own portfolio .

needless to say it to failed o perform ,.

Fabian's problem wasn't that the system didn't work, it was that he stopped following his own rules [well, actually his father's rules] and started trying to second guess the mechanical switch signals, and guessed wrong too many times. Proving once again, the difficulty of following rules when emotions are involved and also the inability of anyone to time the market.