An innovative way to invest in todays markets The 90% Solution challenges the mainstream financial worlds steadfast promotion of "buy and hold" as the end-all in professional asset management. Filled with in-depth insight and fresh advice, this book explores the good, the bad, and the ugly of traditional investment management, while outlining the virtues of (and some suggestions for) alternative investing. In The 90% Solution, author and financial expert David Rogers examines this successful investment approach in detail. He explains that 90% of the success of a mutual fund, for instance, has less to do with the funds stock selection, research, or trading skills and more to do with the markets concurrent overall trend direction. Readers will discover that, in statistical terms, the fund is the dependent variable and the overall market is the independent variable. Therefore, investors who want to outperform the market averages must harness the power of the market to enhance returns and more effectively manage risk. David Rogers (Blowing Rock, NC) is founder and CIO of Watauga Equity Management, a registered investment advisory firm in Blowing Rock, North Carolina. He has nearly 30 years experience in the investment industry.