Gil Blake

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Gil Blake is a pioneer speculator investor and fund manager who in 1980 devised an investment strategy known as mutual fund market timing, a method of investing based on the historic pricing patterns of mutual funds, and averaged a 40% annual return in his first 12 years as a mutual fund timer.^[1] Blake is profiled in the book The New Market Wizards by Jack D. Schwager

1 Career
2 See also
3 Notes
4 References
5 Further reading
6 External links

[edit] Career

Trained as an accountant he first served as an officer on a nuclear submarine and then attended Wharton earning an MBA with honors. In 1980 Blake set up shop as a mutual fund trader. On one of his many research visits to his local library he noticed a correlation between the price of a stock and the value of the mutual fund holding the stock. With this he developed trading strategies rooted in the historical pricing patterns of mutual funds. In his first 12 years as an investment advisor and fund timer, Gil averaged 40% annual returns--and never had a year when he earned less than 24%. According to Barron's Gil placed second in the U.S. Trading Championships in 1988 and first in 1989-1993.

[edit] Notes

^ Veronis, Nicholas. "37% Return -- With Regularity", Boston Business Journal, September 18, 1989. Retrieved on 2006-04-12.

[edit] References

Bonello, Professor F. (February 2, 1999). The Mutual Fund Industry Scandal. Economics 421: Money, Credit, and Banking. University of Notre Dame. Retrieved on 2006-04-12.

Roop, Jason (February 2, 1999). For The Love of Money. Code of the Traders. Inside Business(Cover Story). richmond.com. Retrieved on 2006-04-12.