developed a better system for quantitative anomalies investing in exchange
traded stocks. The list below mentions three important product features:
- Proven investment strategy:
The developed system is based on well known stock market anomalies
that are independently proven to yield higher long-term returns than the market
benchmark on a risk-adjusted basis decade after decade. Mathiesen's system
is essentially a comprehensive enhancement of the publicly known and proven principles for
quantitative anomalies investing combined with multiple ideas of his own
making. Moreover, his system has been subjected to very
extensive and highly realistic robustness tests made to reveal the
sensitivity of its back-tested performance data for various changes
in the investment system and its back-test procedures. Mathiesen's
back-tests are also far more realistic than nearly all back-tests
seen in academics and most back-tests seen by other portfolio
managers. This is so because Mathiesen explicitly account for investment
capacity and also rebalances the back-tested portfolios on a
continuous basis. Nor do Mathiesen's back-tests depend on
unrealistic assumptions about the ability to short any portfolio assets
and they always deduct the cost of implementing the strategy.
- Most profitable high capacity
The back-tested returns, as measured since January, 1992, reveal
substantially higher risk adjusted returns than the global stock
market return and other actively managed funds. Moreover, the return advantage persists even for
very large multi billion USD portfolios. Furthermore, the details of
Mathiesen's system are known only by himself so in this sense the
investment system is unique and cannot be copied by any competing
no worse than the global stock market: The investment strategy
is low risk because it is long-only in stocks and a little cash.
There is no shorting or leverage. Nor is there any use of
sophisticated and hard to value financial derivatives. For the
smallest portfolio sizes the risk is spread on over 500 different
exchange traded companies from all world regions in all industries.
The strategy can lose significant value whenever there is a global stock market crash but these losses
have always been fully recovered in subsequent market gains.
investment strategy is unique meaning its returns are influenced by investment cycles that
differ from the global stock market so that in the short-term the
developed investment system can
underperform relative to the global market. With long-term
investment horizons the developed system has always outperformed the
global stock market return.