I did a search on "Automatic Investment Management" and came up with a legal version.
halperngroup.com
[snip]
3. It is automatic. The computer operated PRIMS system eliminates the need for analysis, forecasting, or judgment. Human emotions, fears, and foibles play no role in the process.
4. It is reactive. While other systems rely upon predicting (that is, guessing) what markets will do, PRIMS responds to what a financial market has already done. Its decisions involve no guesswork, because they are triggered by what has occurred, and are not dependent on what might occur.
PRIMS is specifically constructed so that whenever the "low" occurs, that is when the maximum investment will occur. Similarly, when the true "high" occurs, PRIMS dictates that the greatest amount of selling will take place.
This system employs both an "equity" account and an "income" account. The patent-pending computer program makes periodic decisions as to the timing and amount of transfers, creating a proportional response to (1) changing market conditions; and (2) a linear target. "High" and "low" are compared to this target, so that the action taken does not require any speculation about when the "high" or "low" will occur. The program incorporates a "Safety Reserve Ratio" which is the ratio between the initial investment and the linear target so that the worst market conditions in history would not have prevented the system from achieving its objectives.
Well there you have the latest & the greatest...
Keith |
