Value Investing News

I've long been fiddling around with various mechanical methods of adjusting an almost passive index investing stragety to improve the risk/reward ratio. This is sometimes known as Tactical Asset Allocation (TAA). The same general idea can be applied to the cash or bond allocation within a stock picking portfolio.

• http://www.ukvalueinvestor.com/2010/01/backtesting-of-tactical-asset.html (472)