Robert Drach, Trading with 95% Confidence?
August 24, 2009 - Individual Gurus - Guru Accuracy: 53%
…evidence from simple tests using an imperfect metric indicates that Robert Drach’s approach to timing the broad U.S. stock market depresses rather than enhances portfolio returns. The aggregate performance of his “Basic Timing” Model Portfolio is roughly the same as that of buying and holding SPY.