Investing in Mutual Funds Using Fuzzy Logic (ISBN 1574442643)

A great new approach for investing:
Peray's technique for investing in mutual funds is easy to understand. I'm a conservative investor and do not need 30 and 50% returns. I also dont want to expose my capital to undue risks. Peray's Fuzzy Logic concept has produced an all-out sell signal for USA equity funds in the first week of June 1999 (DOW JONES Industrials over 11000) and I adjusted my portfolio accordingly. I'm waiting for the Fuzzy Logic signal to get back into the market .

Disapointed in his interpetation of fuzzy logic:
Maybe this is a book for someone new to mutual funds or to retirement planning - there is a lot of background for those. But if you've had any exposure to technical analysis or expect to see fuzzy logic used, this book is a disapointment. Its not really fuzzy logic - he sets absolute limit thresholds and, depending on their on/off combinations, does a buy/hold/sell. A real fuzzy logic system would have produced a proportional response to varying data. I was expecting a system that might, for example, adjust proportions between the funds available within a company 401k (ideal for a real fuzzy logic approach)- not a conventional all-in/all-out, buy/hold/sell approach like his. His system could have been presented in a small magazine article, not bloated to book size.

Good sound advice that works, not just theory:
I have used his recommended system of "Mutual Fund Investing" for the past two years. This system imposes constraints for portfolio asset allocation based on the investor's risk tolerance before buy/hold or sell decisions are made using his Fuzzy Logic concept. This disciplined method has been extremely valuable to me in these turbulent times when so many conflicting opinions on stock and bond market directions prevailed.