  We empirically show the superiority of the equally weighted S\&P 500
portfolio over Sharpe's market capitalization weighted S\&P 500 portfolio. We
proceed to consider the MaxMedian rule, a non-proprietary rule designed for the
investor who wishes to do his/her own investing on a laptop with the purchase
of only 20 stocks. 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 1.15.
