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Joy Global, Inc. Message Board

  • ditkoasmpages ditkoasmpages Aug 23, 2012 12:55 PM Flag

    Mathematical Model

    I can tell you I have been an investor since 1987 (yes, one month prior to Black Monday). As a chemical engineer, one usually is pretty good at high-end mathematics; differential equations, multivariable calculus. My father asked me when I was about 12; "Do you know what I like about you, relative to your sister, what your good at?" I thought it was a trick question, because he was not the most, ah, complimentary of people if you know what I mean. So, I just guessed; "School?" He said no. I then guessed; "Sports?" He said, no that's not what I'm thinking about. So, I said; "I don't know. What?" He said; "You listen to your elders very well for someone your age." I didn't take it as a compliment as I just thought it was the right thing to do. To listen to others' experiences to learn from their mistakes so that you could do better in life. Well, all these years later, for the most part, you can take people and 80% of their opinions and throw them out the window. And when it comes to money, that number probably goes to 90-95%. I have always found comfort and truth in "the math." I just finished working (about 5am this morning) on the largest most sophisticated equity data set ever. Take it for what it is worth; the number 1 equity out of the 662 best of the best stocks in the world right here, right now, is JOY.

    Now, the model does not take into account "timing" as far as world events, market corrections, etc. It only tells you that if you want or have to put money to work in the equities market then this is a tremendous option.

    I just thought I would share my work (Aug 3 until Aug 22) approximately 20 days at 14-15 hours per. The data set contains an estimated 192,000 characters.

    Good luck on whatever you choose to do with the data. Whether you're more like the 12 year old version of me or the 14 year old version of my sister during that same time period in our lives.

    MFM

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