Are You Being Fooled By Statistics?

The world’s worst defender of statistical manipulation is the government, followed closely by the financial press. Yes, I guess that counts me too. We are two years away from our nation’s next presidential election, which has historically been good for stocks, so I thought I would normalize some of the government’s economic data to give you a better understanding of the true strength or weakness in our economy. I am not trying to persuade you one way or the other, I am merely trying to remove the deception from the data. I will present a case for the bears followed by the bulls, as there are two sides to every argument and I encourage you to make up your own opinion based on the facts.

Fin Alternatives
Multi-Manager July 27, 2007
ProfitScore Launches Multi-Manager, Long/Short Product

Emerging Manager Monthly
Taking The Lead September 2007
ProfitScore Looks To Take The Lead Diversified Hedge Fund

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Private portfolio management for individual and institutional clients.
Our Management Team

Mr. John M. McClure, President & C.E.O.

John is the founding shareholder of ProfitScore Capital Management, Inc. As President and C.E.O., he is responsible for all investment management oversight. Mr. McClure is the developer of the proprietary algorithm, EquiTrend®, currently used by ProfitScore and other money management firms to manage client assets. Mr. McClure is responsible for overall business strategy, operations, and risk management.

Mr. McClure holds a Bachelors Degree in Marketing from Tennessee Technological University and a Masters in Business Administration from the University of Tennessee. Prior to starting ProfitScore, Mr. McClure worked successfully in a number of different roles within diverse industries, while developing his career in the financial industry. In 1995, Mr. McClure began servicing the financial industry, specifically banks, as a Consultant. In this role, Mr. McClure began studying the credit score algorithm. Originally developed by the Fair Isaac Corporation, this credit score algorithm laid the foundation for Mr. McClure's research and development of the EquiTrend® algorithm.

Mr. McClure is a current board member and past President for the National Association of Active Investment Managers (“NAAIM”), a trade association of over 150 registered investment advisory firms who collectively manages approximately $14 billion.



Mr. Clint D. Wyckoff, Senior Vice President, Insurance Division

Mr. Wyckoff is in charge of the development and management of ProfitScore’s insurance division. Mr. Wyckoff currently serves as Chairman of an investment committee for a Utah insurance company. Mr. Wyckoff’s understanding of the insurance industry combined with his broader investment and portfolio management skills make him uniquely qualified to serve the investment needs of insurance investment trusts.

Mr. Wyckoff holds a business management degree from Utah Valley University. In March 1990, Mr. Wyckoff started his career in the financial services industry. Mr. Wyckoff spent 17 years working as an owner/partner of a private equity firm as the Chief Operations Officer and later the Executive Vice President over sales and marketing. Mr. Wyckoff has also served as President and Chairman of the National Association of Active Investment Managers and has served on several boards and advisory boards including Capital Management Publishing, Datalynx - a division of First Trust Corp., Rydex, and others.


Mr. Mike Mann, Senior Vice President, Strategic Operations & Risk Management

Mike is primarily responsible for managing the day-to-day operations of the firm. Mr. Mann is also engaged in the design and development of financial models and portfolio risk management tools. In addition, Mr. Mann is actively involved with monitoring daily portfolio valuations and shares in the trading responsibilities of the fund.

Prior to joining ProfitScore Capital Management, Inc., Mr. Mann was a business management and systems consultant in private practice. He is a licensed professional engineer in Idaho and Oregon. He has served on industry task forces for energy systems and information systems development, reliability and security. As a senior business executive and strategist with a 30 year professional career in operational, technical and business leadership, Mr. Mann primary career focus has been the management of mission critical systems requiring absolute reliability and security. His background includes money management systems, energy and telecommunications systems, software, manufacturing systems and systems integration. His experience includes senior engineering and operational management positions in billion dollar utilities as well as executive and marketing leadership of high technology start up companies. His career includes management consulting with broad spectrum of companies and teaching in the small business development curriculum at the Small Business Development Center at Boise State University.


Mr. William E. Sawyer, Senior Vice President, Institutional Sales

William ("Bill") E. Sawyer has been a financial services industry professional since 1980. As President of Conservative Asset Management, a firm he founded in 1985, he consults with high net worth individuals, bank trust companies, and other financial institutions on investment strategies and money manager selection, operating as a "fee-only" Registered Investment Advisor. He earned his Certified Financial Planner® designation in 1987 and is a member of the Financial Planning Association (FPA) and National Association of Active Investment Managers (NAAIM).

 


Mr. Matt Blackman, Managing Editor & Research Analyst

Matt is a content contributor, technical adviser and managing editor of the ProfitScore IQ e-zine distributed to a rapidly growing subscriber list of 700,000+ investors and traders around the world.

Matt is a seasoned technical trader, a frequent contributor to technical trading and investment publications, a key-note speaker on trade and investment-related topics. He is a member of the Market Technicians Association (MTA) and the Canadian Society of Technical Analysts (CSTA). Matt holds a B.S. (Honors) degree from Canada’s Simon Fraser University.