- Why Past Performance Of A Conventional (60-40) Portfolio Is Not Indicative Of Future Performance
- Committed To Buy-and-Hold? How Long Can You Wait?
- The Myth Of Expert Advice - Part 5
- Jackass Investing “Poor-Folio” Award To President Obama And Other Critics Of Speculation
- The Myth Of Expert Advice - Part 4
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Founder, CEO & Director of Research for Brandywine Asset Management and author of "Jackass Investing: Don't do it. Profit from it." I have been a professional investor/trader since 1979 and have experience in stocks, managed futures, commodities, mutual fund arbitrage, market neutral equity, and long/short equity.
- Description: Hedge fund manager. Trading frequency: Daily
- Interests: Commodities, ETFs, Forex, Gold, Mutual funds
Brandywine Asset Management Brandywine manages the top-performing Brandywine Symphony Preferred Fund and has 30 years of research and trading experience. It is our belief and experience that the greatest returns relative to risk are achieved by balancing positions in multiple markets across multiple trading strategies that are each ...More
based on a distinct return driver. (I discuss return drivers at length throughout my best-selling book "Jackass Investing: Don't do it. Profit from it.") In this fashion no single economic or political event can adversely affect your portfolio. Better yet, your portfolio will have the potential to grow independent of market conditions. Over Brandywine's 30 yer history we have developed and traded dozens of separate trading strategies applied to more than 100 global markets. Some of these strategies take long-term positions based on underlying fundamentals or market trends, while others look at market sentiment, seasonal tendencies, and arbitrage opportunities to capture mispricings in global financial and commodity markets. In all, Brandywine employs more than 1,000 strategy-market combinations. The result of this true portfolio diversification is a “Free Lunch,” which I describe in the final chapter of my book. A Free Lunch is a portfolio that produces greater returns with less risk than a conventional portfolio.
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