Education
University of Pennsylvania.
University of Pennsylvania.
This method of investing is based on the historic pricing patterns of mutual funds. Blake has attributed his participation in trading to a friend of his, who had shown him some municipal bonds and inquired for Blake"s opinion. Blake noticed a trend in the numbers his colleague had showed him, and investigated further.
His investigation led to the discovery that persistent trends in municipal bonds were decidedly systematic.
This served as the basis of his mutual fund timing strategies. According to Barron"s, Blake placed second in the United States. Trading Championships in 1988 and first in 1989-1993.