ETF and Portfolio Design Tools

Lots of cool innovation going on in the online finance space.  A few interesting links:

Asset Class Backtester

The website also lists free sources for the data as:

Many thanks to Norbert Schlenker at Libra Investment Management for collecting the data that this calculator uses. Original public data sources include: Bank of Canada, BC Government Statistics, Canadian Institute of Actuaries, Economagic.com, Financial Post, Globe & Mail, globefund.com, Kitco, Libra Investment Management Inc., MSCI, Prof. Werner Antweiler (UBC), Scotia Capital, BMO, Standard & Poors, Statistics Canada (Table 326-0001), DH&A, and Wilshire Associates.

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Mutual fund to ETF Converter

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Ability to backtest moving average strategies.

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If I was an economist I’d just announce every recession was over about a year after it began.

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David Tepper goes balls to the wall

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Private equity doesn’t outperform stocks.  Bottom 75% of funds underperform public stocks.