Acknowledgments

In this business you come across many people who help you in ways large and small. They are people not in the investment business and they are people familiar with some of the most complicated and intricate investment methods available. I learn from them all. To name them is impossible.

This book is the result of almost 30 years of intermittent research. I began with Bob Levy to whom this book is dedicated, and I will not stop until my end. In between, there have been numerous portfolio managers, analysts, traders, professors, software designers, statisticians, students, and just plain practical investors. I refer to a few, but not to the exclusion of the many who have helped, sometimes in unknown ways.

In a series of talks on the ...

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