ThreeBearsBalanced11Feb2018_UseEvenSmaller-Edited
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Act_Nov_1991
[long_equity_returns] [original_papers] [the_actuary] [Act_Nov_1991]

The main points covered in this article comprise:

1.  random hit ratio
2.  our hunting fathers
3.  “froth” can provide flexibility
4.  DVR good at detecting froth
5.  results for sample of 27 funds over 6 years
6.  vital part of DVR is measuring sustainability
7.  interior short periods not good overall predictors
8.  several references