Important Disclaimer: The editor of this journal and manager of this model portfolio is not as an employee of Marketocracy or any of its affiliates but is an independent investment researcher acting solely as an independent contractor. Marketocracy expressly disclaims any control over (i) the editor's statements and opinions on this Site or elsewhere and the content thereof, and (ii) the editor's activities and the activities of other investors influenced by the editor, including securities trading activities, for which the editor and such other investors are solely responsible. Before relying on the editor's opinions, always assume that the editor and other investors influenced by the editor have material financial interests in these stocks and hold or trade them contrary to those opinions. Continue reading for more detailed important disclosures, disclaimers and material conflicts of interest.