Before revision:  Shockingly, the rule beats equal weight by a factor of 1.24 and posts annual returns that exceed even those once allegedly promised by Bernie Madoff .
After revision:  Rather surprisingly, over the 1958-2016 horizon, the cumulative returns of MaxMedian beat those of the equally weighted S\&P 500 portfolio by a factor of 1.24 and posts annual returns that exceed even those once allegedly promised by Bernie Madoff .