This is, obviously, a little bit of tedium - but it's better than randomly selecting from our VL screen universe, which is littered with the debris of over-mined, time-specific ideas that have not held up out of sample.I'd conclude the exact opposite from "better".If you cherry pick the things to put into your so-called index you learn nothing,it's just another tuned blend. If everything goes in, we learn whether or not the collection of VL long screens as a whole have added value post discovery.We might also learn things about when VL long screens are doing well and when they aren't.Perhaps we're scared of doing that because we already know the answer.When DrBob posted about the SIpro "index", no one suggested it was invalid or inappropriate because it included all of the screens.That's because the numbers looked good.Jim
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. Earnings Estimates, Analyst Ra