E. Willis, Financial Advisor - Book Review
Daniel is who I like to call The Most Interesting Man in the Financial World. Not because he earned his MBA from from Duke's Fuqua School of Business, but because of his life experience.
You see, Daniel has had ringside seats for the biggest financial freak shows of the past 3 decades- Creation of the Mega-Banks who were 'Too Big to Fail', The Internet Hardware Bubble, the Silicon Valley VC Frenzy of the late 90's, and the California Housing Bubble of the 2000's.This life experience led to Daniel's financial opus - The Theory of Financial Relativity.
Daniel's Theory of Financial Relativity is 8 solid rules that explain the long-term and short-term valuations of the stock and commodity (mostly Oil and Gold) markets. Over the long run, the stock market tracks U.S. GDP, but in the short term stock and commodity markets are manipulated by monetary policy (the Fed), oil production, and perceived health of the S&P 500.
Daniel has some more highly useful market observations, like defining the 'Dow Signal'- Which almost always foretells when a market correction is imminent and when the recovery is imminent.
However, unlike most prognosticators of Market Timing Methods, Daniel is wise enough to state that his Theory of Financial Relativity is solid, but not iron-clad. He recommends to use his Theory rules to re-balance or overweight stocks, but not to time absolute entry and exit points from the stock market. (see more)