Most of the material in these courses begins with the false premise that indexing results in mediocre performance and then explains in effusive detail how portfolio managers can do better by
making tactical moves, clever trades, shorting stocks, using derivatives and a host of other exotic techniques, many of which have long fallen out of use.
This is my concern about
making tactical moves based on valuation, which is really just a form of market timing.
Advisers like Turnbull say it often takes a year or two before investors truly appreciate that buying individual stocks and
making tactical moves not only adds no value, it undermines the whole process.
EPRO's managers
made a tactical move to cash in the fall when they saw downward market momentum, for example, while HYLD has strong yield compared to peers, with a 30 - day SEC yield of 11.52 percent.
This approach works well if you have a strong strategic asset allocation plan and you don't want to change that overall plan while
you make your tactical moves.
This bias is behind much of the criticism of buy - and - hold investors, especially by advisers who believe they can
make tactical moves — overweighting asset classes or sectors based on current market conditions — to improve returns.
Not exact matches
Charter drafters have
made many changes that have
moved their document closer to the UN position, but one must assume the compromises are grudgingly done and only for
tactical reasons.
Wenger is a great asset to Arsenal, but as a manager with his flaws, it may be better to
move him into an other position at the club and get someone who knows how to prevent injuries wenger could but did nt — or with the
tactical variety to prevent losses like at anfield and stamford bridge, or
making the change of tactic when we just cant score against teams like leicester.
A good
tactical move from Man u for Falcao, they will no doubt
make more quality signings today.
One game Wenger recognizes reality and
makes the right
tactical moves and now «Arsenal have changed»??
The reason chezza is being
made a scapegoat is probably down to the fact Arsene needs time to
make his next
move — he's stalling - or he's a master of deflection (just like politicians) hence why chezza was dropped and he said it was
tactical.
Were he to
move to the Spanish capital, his combination of physical, technical and
tactical traits could
make him a suitable successor to Pepe.
He has no idea about
tactical substitutions or
making moves at the right time to run down the clock or break up play.
But whatever
tactical moves the Tories are tempted to
make to minimise losses, they must keep their eyes on the real prize: the 2015 general election, now just 16 months away.
The devs
made a great play of saying, after initial fan criticism that they were
moving away from TBS to ARPG that they were introducing
tactical elements.
Amazon's
move here was clever, to be sure, and I admire, in a purely
tactical sense, the hardball tactic it's
making to brush Hachette back from the plate.
The first is market gurus will again
make terrible forecasts and suggest
tactical moves that will turn out to be harmful.
Even otherwise prudent investors can unknowingly take on too much risk by
making big
tactical moves based on current market conditions.
Excellent presentation, Prof. Had a question: Once you've recognized that the market (or one of its subsets like dotcom stocks) are in bubble territory, what kind of
tactical moves can one
make, besides avoiding such stocks (like increasing cash in the portfolio) & how does one go about doing so?
The
tactical shift that we
made circa December of 2014 was to
move from an indiscriminate risk taking posture (e.g., large, small, growth, value, foreign, etc.) to a higher quality, lower volatility, large - cap only positioning.
I rarely
make big
moves, and the book would not advocate
tactical big
moves either.
If an unconstrained manager
made a brilliant
tactical move once, can he do it twice?
According to Ekman, the game will also be
making moves to resemble a
tactical sim as much as it does a shooter: «One of our core pillars is what we call «information warfare,» which basically boils down to controlling the flow of information on the battlefield, whether it be your own information, or the information of your enemies.
This may sound a tad unfair, as the core game and its missions are indeed excellent and the broader scope of the level map
makes the conflict feel more fleshed out (as enemies can
move between maps too, so defending a fleet of ships three maps away becomes as much of a skill based issues as well as a deeply
tactical one).
His constant need to pause after performing controller actions (i.e. jumping or grappling), slow foot speed, and slow panning rates
made some
tactical situations extremely frustrating - especially when against multiple opponents or opponents who could
move fast.
☆ ELEMENTS OF FANTASY GAMING FAVORITES ☆ — Role playing games (RPG): level up your heroes — Turn based strategy (TBS): plan concise
moves — Real time strategy (RTS):
make tactical advances — Card Games (CCG / TCG): collect and duel — Chess, Puzzle games and more: play in new ways!
What's interesting though is that Level 99 Games managed to
make a
tactical game that doesn't involve
moving troops around on a battlefield.
The smaller scale
made the mode more intimate and everything from the objectives to
moving to different points on the map felt snappier while retaining the
tactical edge of Galactic Assault.
Personal Data: SKILLS / QUALIFIERS: Proven skills in strategic and
tactical sales, business development, planning, organizingOEM Design and project managementAdvanced consultative, problem solving, negotiation and decision
making skillsStrong PC skills; demonstrated proficiency with a variety of software program applications including Microsoft Office (Word, Excel, PowerPoint, Access), Windows, Photoshop, word art, and InternetExcellent listening and communication skills; the ability to comprehend and clearly communicate in written, discussion and presentation formatsDemonstrated ability to work effectively with a wide range of individualsExceptional skills in collaborating with clients and staff and in developing and maintaining long - term supportive relationshipsAbility to organize time effectively, priorities, meet deadlines, and
move work forwardAbility to assess the effectiveness of processes and procedures and recommend improvementsAbility to calculate figures and amounts such as discounts, interest, commissions, and percentages.National Account ManagerNovember 2005 to currentDirected & managed sales efforts, set objectives for retail sales force consistent with company goals and objectives, recruited and trained new support and sales staff.