| Remember when I invented the world's best Index ... which I called the g-Index? My idea was: "Invest equal amounts in each stock". Well, I asked by brother-in-law (Gerry) how he'd invest in the DOW 30 stocks. His response was to invest lesser amounts in them that got large market caps. No WAY !! So I played with investing an amount proportional to the inverse of the Mkt Caps and got this (over the past year):  See the red curve? That's HIS Index.  Tonight, he's coming over for dinner. I'll tell him he's ALSO got a G-Index. |
Saturday, November 14, 2009
another Index
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He must have majored in Psychology with a minor in Economics, lol.
ReplyDeleteI have always liked the AMEX Composite Index (^XAX). Too bad there isn't an ^XAX tracking ETF.