One way to beat the market

One way to beat the market

Reading Edward Thorp’s 1967 book “Beat the Market” in the summer of 1968 changed my life. I had picked the book up as a summer read while home from college. I was intrigued. Years before, I had read a Life magazine account of how Professor Thorp had created the system...

Quantified Funds 07/31/17

U.S. equity markets were mixed last week. The Dow Jones Industrial Average recorded a weekly gain of 1.16%, the NASDAQ Composite lost 0.20%, and the S&P 500 was down 0.02%. Six of the 11 S&P industrial sectors were up for the week, led by Telecommunications...

Dollar bear market

Gold prices continued to move up, closing last week at $1,275 an ounce. The U.S. economic GDP report released on Friday (7/28) showed weaker-than-expected inflation, lowering expectations that the Federal Reserve will aggressively raise interest rates. This, in turn,...