Disqus - Latest Comments for rsmlp

Re: There Are Now 50 Colleges That Charge More Than $60,000 Per Year

rsmlp — Thu, 10 Jul 2014 15:55:57 -0000

just paid my youngest son's fall semester bill at BU. just over $32K. that includes health ins which thanks to Ocare has skyrocketed and we no longer have out of state coverage.

Re: RealClearMarkets - Without Excusing Obamanomics, Bushonomics Was a Dismal Failure

rsmlp — Tue, 30 Apr 2013 07:14:46 -0000

here, here! somebody finally gets it!

Re: This Market Is So Sick - TheStreet

rsmlp — Sun, 02 Oct 2011 09:35:39 -0000

NO, not a good commentary. there have been plenty of times in history as already pointed out, when markets displayed way more vol. want vol? how about 10/19/87? I was a broker then and things we're really SICK! I agree with previous post, Kass has lost beaucoup $ and seeks a scapegoat. pathetic and sick.

Re: New Books on the Way

rsmlp — Wed, 05 May 2010 15:06:49 -0000

"buy, don't hold".
NO, don't buy, hold or otherwise consider this book. I return VERY few books and this is one.

Re: I Think This Would Have Been Funnier If Announced on April 1st

rsmlp — Tue, 20 Apr 2010 07:32:59 -0000

macclary, great minds must thiml alike. I thought the same and also predicted to anyone who was listening that he would blowup.

Re: Mauldin

rsmlp — Thu, 15 Apr 2010 16:43:52 -0000

self serving jackass-but he might be right

Re: I Think This Would Have Been Funnier If Announced on April 1st

rsmlp — Tue, 13 Apr 2010 17:32:15 -0000

that's downright funny. nice observation

Re: Two

rsmlp — Fri, 12 Mar 2010 07:49:34 -0000

hswalj, don't do it. "hedging" will cost you $ over the long run, probably lots

Re: Three Funds Someone Should Start

rsmlp — Fri, 26 Feb 2010 07:23:23 -0000

has a fund/etf come out yet that trades like your paper?

Re: Quant Approach to TAA updated for 2009

rsmlp — Wed, 10 Feb 2010 08:58:15 -0000

one further point as regards prospective performance. from the lows of 1974 until sometime in 1998, the model UNDERPERFORMED the SP500. that's about 25 yrs of underperformance. that said, the SP was up about 16% acr during that period. the point is that this model will likely do fine over a long period because it will likely underperform a BH for sustained periods of time and people will tire of it.

Re: Quant Approach to TAA updated for 2009

rsmlp — Sat, 06 Feb 2010 12:49:41 -0000

why the hell would you give it away for nothing? is it of no value? charge a nominal fee. those who recommend otherwise are too parsimonious to pay for it.

Re: 2010 Outlook

rsmlp — Mon, 04 Jan 2010 12:25:56 -0000

utterly worthless

Re: Listed Alternatives Update

rsmlp — Sat, 21 Nov 2009 08:24:34 -0000

PFTRX under alpha funds

Re: Tactical Asset Allocation Based on the Yield Curve

rsmlp — Mon, 16 Nov 2009 07:37:54 -0000

be interesting to see results trading HY bonds

Re: Successful Market Timing

rsmlp — Sat, 17 Oct 2009 08:55:22 -0000

mark, hussman is by no means "market timing" in that he would tend to sell when markets rally (trend) and buy when sold off. pretty much the opposite of this approach.
this is an excellent post. I've been in the business 25 years and I can promise you that despite warnings of under performance when it happens people will stray-which is precisely why this works. If everyone did it, it would fail of it's own weight. Nothing is perfect and this model will certainly try your perserverance at some point.

Re: Julian Robertson and Not Losing Money

rsmlp — Thu, 08 Oct 2009 08:36:43 -0000

A) BRK was down over 40% peak to trough

B) Commodities were down 65% peak to trough and I doubt that rogers ever sold any during the DD.

C) Jesse Livermore ended up commiting suicide after losing his fortune for the umpteenth time.

The truth is you can't avoid risk and even a model that has stop loss provisions can lose plenty through a few whipsaw trades.

Re: Endowment Returns, & A Paper About My Paper

rsmlp — Fri, 25 Sep 2009 08:02:56 -0000

actually inoddy the markets ARE NOT correlated. not sure how you measure correlation but commodities are not correlated to stocks and so on. sure, during a complete meltdown everything that trades pretty much tanks but that's extremely unusual. I think everyone but the complete naive expect the model to USUALLY underperform the sp. the key is that the we also expect the sp to rise over the long run and we're content with similar returns with less drawdown. I will be very surprised if the classic 5 asset 10 mo ma model does not underperfrom a bh of the sp from 2009-2018-and quite happy if it still makes 10% or so.

Re: Endowment Returns, & A Paper About My Paper

rsmlp — Thu, 24 Sep 2009 07:42:24 -0000

nick is absolutely correct-sort of. while the data points are few say on the sp 500, if one expands that to the other markets traded the confidence level rises. I'm far more concerned about the popularity of the approach. too much attention will be its doom. fortunately (depending on your perspective) the market actually outperformed the model from post 1973 to 1999 so as (if) the market outperforms the model in the future it will lose its popularity (until of course the market blows up again)

Re: Harvard and Yale 2009 Returns

rsmlp — Sat, 12 Sep 2009 12:16:02 -0000

oh! my bad

Re: Harvard and Yale 2009 Returns

rsmlp — Sat, 12 Sep 2009 09:35:53 -0000

meb, sp500 was off more like 37% last year not 25%