Mar

2

What a way for the new seasonatarian fund to start, thereby giving its holders a nice 3% deficit if they did start already, and how guaranteed it was to happen, and how consistent this is with rational expectations.

Jim Lorie and Milton Friedman (there is no such thing as a free lunch) will rest peacefully from above tonight.

Phil McDonnell writes:

Here is a link to a Ziemba paper which updates the research on seasonality. There are a few choice comments regarding the Almanaterians in the intro and F@m@ & Fr3nch on pg. 4.


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