06-13-2007, 02:04 PM
Evan Wrote:white_2kgt Wrote:It's pretty damn good as I'm seeing about 8-12% return each month.8-12% a month from funds? You have set off the BS detector in a very big way. Feel free to back that claim up with some data.
They are not all funds. Generally that kind of return is only made on the aggressive investments, maybe they are funds I don't know. 3 of them are indexes. All I do is read the spreadsheet pick the 3 with the highest momentum scores, then reallocate the current $$$ I have and my investments for the next month. The 8-12 increase also includes company matching so that's skews the results a bit, that's the only number I look at for the month.
From what I know of the process the guys import the values of the stock's in each fund through the day (thousands) then compares them will all the worlds universe of stocks and ranks them. (they are comparing more than just stock value but how well their growth/earnings are as well). The sheet then prints out a pretty list ordered from highest to lowest w/ the actual score. There's a lot more going on behind the scenes which is why we only get the list once a month (we can only transfer funds 12x/yr anyway).
This doesn't always work, for some months we got momentum scores that were negative, when that happened I didn't change anything and usually didn't make a return that month.
Not sure what I can show you to prove it other than my statement?