AAII Silicon Valley Chapter Presents:

Can an individual investor use a computer to improve the chances of beating the market? Will using a computer help or hurt your results? Will it reduce or increase the amount of time necessary to manage your portfolio?

Many performance claims ignore major negative factors in returns. Probably the four biggest of these are fees, taxes, inflation and the impracticality of exactly following the benchmark used.

Claimed time savings ignore the time spent downloading data and updates and fixing the problems that occur when you install them.

The seminar will look at these claims and discuss actual and simulated results obtained with real software under real market conditions. We will attempt to provide a completely realistic look at what results can be expected by an individual using a computer.

ATTEND THIS MEETING TO LEARN:

1.  How to use a computer to obtain specific information on what and when to buy and sell.

2.  How to use a computer to find and analyze data to calculate the probable returns and risks of specific securities.

REASONS TO ATTEND:

1.  Learn to develop and manage a computerized portfolio.

2.  Save time without hurting performance

FIRST INSTRUCTOR:

Bob Smithson, Member/Manager of Anava Capital Management LLC and member of the AAII Silicon Valley Chapter Board

Bob has 40 years of (mostly) successful personal investing experience, a Ph.D. in physics, 23 years as a specialist in the analysis of noisy and often invalid data, and 15 years of applying this type of analysis to investing decisions.

SECOND INSTRUCTOR:

Al Zmyslowski, Vice President of Engineering, Fujitsu America

Al is an individual investor, and a long-time member of AAII. Al is an experienced personal investor who has successfully managed several portfolios for himself and others using quantitative investment techniques.  He is particularly interested in using computerized investing systems that result in good performance, infrequent trading and a low expenditure of time.  This is for those of us that have a real job.

THIRD INSTRUCTOR:

Richard Oehlberg, Owner & Consultant, Oehlberg Consulting

Richard has graduate degrees in physics, and has been an Individual Investor actively and continuously learning from the market for over 25 years. He is currently acting as a consultant to the electric power industry through his company, Oehlberg Consulting. Among other things, in the past he has worked on probabilistic risk assessment and management, process failure analysis and root cause determination. This and other technical related activities have fueled his interest in computerized investing. He is a member of the Silicon Valley AAII Chapter Board, and is interested in metrics to take the vital signs of the market, the economy, stocks, ETFs, Mutual Funds, etc. in order to improve returns and reduce portfolio risk.