If you cherry pick the things to put into your so-called index you learn nothing,it's just another tuned blend.So, as usual, your point is valid. Maybe the most important lesson learned is that most of the screens were over-tuned for the conditions under which they had been recently successful?If the "index" returns from a random sample are generally mediocre, then does it not follow that most of the screen definitions and development were overtuned, mediocre and/or meaningless?Which would lead to the question, why are we still carrying around a pile of overtuned, mediocre and/or meaningless/torpedoed screen definitions?FC
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<