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To: ild who wrote (251021)7/18/2003 12:53:41 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
in praise of Russell ...

cbs.marketwatch.com

>>But here is the kicker: Over the past 23 years, Russell's advice has been 45 percent less volatile, or risky, than the stock market as a whole.

So in return for immunizing his followers from nearly half the market's gyrations, Russell has cost his subscribers only 1.4 percentage points per year in profits.

That's an impressive trade off, which accounts for Russell being in first place for risk-adjusted market timing performance over the past 23 years.

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