In September's EF I promised a working, practical, easy to use freestanding mean variance optimizer for under $100, from my colleague David Wilkinson. Perfectionist that he is, David will sell no optimizer before its time, and is currently putting the software through rigorous beta testing at the hands of a few dozen volunteers.

Due to the large number of excellent suggestions made by the testers, David has decided to delay sending out a finished product for another few weeks. David will also have a higher level product ready at some point in the not too distant future, which will be able to optimize for long term (geometric mean) return of rebalanced portfolios, as described in our paper in this month's EF. If you are interested in either of these MVO products, please contact David via email at DaveWilk@worldnet.att.net. He may also be reached via snailmail or telephone at:

David Wilkinson
311 Ned's Mountain Road
Ridgefield CT 06877
1 203 778 1632

copyright (c) 1998, William J. Bernstein