Everybody should look into how to obtain his or her lost funds from their local state. What we did here was go into https://ouf.osc.state.ny.us/ouf/, and believe it or not, we received a few hundred to a few thousand dollars per occurrence. The next interesting thing one can do with real estate, is to grieve  property taxes every year. The next step is to hire a property tax attorney on a contingency basis. If the property tax attorney wins for a given tax year, the owner of the home will be responsible to pay the attorney 50% of tax winnings. Some properties we have tested have had property taxes reduced by about 50% or more. It's important to grieve property taxes every single year, as no payment is owed if the property tax attorney doesn't win. Please note that we do not receive any financial incentives for recommending this law firm, but we have had several success stories by using heller tax grievance. 

Many organizations have issues in regards to how technology is currently managed. One perspective firm's should keep in mind is that always using the latest technology could be an issue because the labor associated to that technology is expensive, there is a short labor supply, and some of the older systems may or may not work with it. On the other hand, if one uses the oldest technology, technical debt will build up, there could over the years be a short labor supply to service that technology, and it will be expensive to replace. Most firms should follow the reversion to the mean approach, which is regarded as a methodology coined in capital markets for statistics, but can be used across all industries. This means that use average technology associated to the business problem because there is ample labor available, it's not too risky, and easy to maintain. The question should always be is this specific technology needed? Who will support it? How much will it cost? How much will my firm profit on? What business features are obtainable in this technical solution rather than other technical solutions? As always keep things simple, and business driven.

As always, we begin these posts to read the legal disclosure for any posts in regards to investments on our insights page. With interest rates for loans being close to 2.5% for a 30 year mortgage, one may be wondering where is the best place to invest right now? If you read how to minimize portfolio volatility,  one can see Investment Science made a good call on bonds when the market tanked. According to Investment Lab, the best place for investments right now is commercial real estate, especially in NYC, and converting that into residential property. As Baron Rothchild once said, 'Buy when there's blood in the streets.' Investment Science feels that NYC will recover, but our firm does not know the exact year, and people always will need a place to live. Buy low sell high!

We're not sure if this holds true across all states, but the cheapest insurance rates we were able to find in NY were from Esurance. Please note that anything we suggest on this insights page, we do not receive any financial incentives from any individual or company. It is vital for one to understand that while Allstate owns Esurance, Allstate typically cannot beat Esurance rates because Esurance is all online. Lastly, some factors that impact car insurance rates are your occupation, credit, location, policy option, car make, car model, age, marital status, gender, education level, driving record, and most importantly claim history. We do recommend that each and every individual takes the defensive driving course, as one can receive 10%+ off of their yearly premium for about three years. Does anybody know where to obtain the best insurance rates? We have literally called hundreds of places and nobody could beat Esurance in the state of NY.

Too many consumers are relying on the wrong sources to obtain residential mortgages. Luckily for you, Investment Science, has the website to obtain the very best mortgage rates. Please note that if you do use them it could take an extremely long time, and you will be your own broker providing your own paperwork! However, once it's finished it's finished. We have done three transactions with this firm, and have not had any issues outside of slowness. What's very interesting is that money right now is close to being free! However, whenever rates are good, it usually means some type of economic disaster such as hurricane sandy, the financial crisis, or coronavirus. We will end with it is an excellent time to take on debt or refinance existing debt.


Our lender of choice is aimloan, and note we do not receive any referral fees from them, but did all of the shopping for you from past experiences. If anybody knows of a better firm, please comment here, and we would be interested in investigating this. Lastly, if one is uncomfortable with an online lender, at least print out the rate sheet and see if your lender can beat it.

Correlation is a bivariate analysis that measures the strength of association between two variables and the direction of the relationship.  In terms of the strength of relationship, the value of the correlation coefficient varies between +1 and -1.  A value of ± 1 indicates a perfect degree of association between the two variables.

There are many things one can do with correlations of stocks in a portfolio. Ideally, every security one adds would not be related. Unfortunately, if you read how exposed are you in the next stock market crash? You will see just about everything moves together during panics because investors move into cash. Also, if you read limitations of financial models, you will also understand that most stocks are actually not normally distributed.

​Whenever correlations are measured, typically a 3 month rolling moving average is computed. For the purpose of this exercise, we just took a basket of securities, and calculated three separate correlations over one year.

Ideally, everything in your portfolio shouldn't correlate together. Similarly, the correlations computed were Pearson (which unfortunately assumes a normal distribution), kendall, and spearman correlation. Investment Science prefers to take an average of the three measures of correlations. Similarly, each and every position should had a different time horizon (i.e. an investment one year from now or three months from now), a different strategy (some long positions, and some short positions).

So many people we talk to are overly-concentrated in one sector or all long or all short. All of these things could lead to a disaster. Feel free to play around with the spreadsheet we created for Microsoft, and a hypothetical basket of securities. Our product, Investment Lab, did these computations.

-See stats_expanded.xlsx