Fred Swartz

How the Stock Market Is Like a Dog on a Leash

What's wrong with just showing the usual superimposed moving average, where we can see the distance between the price and the average? Your display removes the useful information about price movement. Bollinger bands give even more info. Sorry, but I see only disadvantages to this kind of display.

David Swensen On Keeping It Simple

This is a typical "don't dream of doing what we're doing" article by professional investors. It contains the usual mix of "you don't know what you're doing" along with contradictory advice of the "stick to your long-term goals", be "disciplined", and "rebalance ever quarter". Having just said that mortals are unable to do any of these things intelligently without advisers, it seems strange to demand this kind of behavior. And remember "don't have fun"!