Steve Breyer, CFA, is a former portfolio manager for Integrity Mutual Funds, where he and Martin Koenig, CFA co-managed 5 mutual funds. Prior to joining Integrity, he worked for Verizon Communications as a financial analyst. Mr. Breyer currently serves as a consultant to StockpickerUSA.com, a quantitative stock selection system jointly developed by Mr. Koenig & Dr Constantin Bilciu. Using StockpickerUSA.com and traditional investment management techniques, the Koenig-Breyer team moved the Integrity Technology Fund from a * STAR to a ***** STAR rating in just 3 years. The system uses a multifactor approach to select attractive issues to buy and unattractive issues to sell; placing emphasis on valuation, price momentum + mean reversion, and future earnings characteristics. To outperform the market, portfolio managers need to rebalance holdings, eliminating stocks that are likely to hurt returns and re-investing proceeds in high probability winners. StockPickerUSA.com seeks to improve the reward/risk ratio of portfolios, and through a unique approach employs elements of “Artificial Intelligence”, potentially taking advantage of entry & exit opportunities on “Price Weakness or Strength”.