A 47-year career, condensed to a single signal.
MB Edge is the public-facing version of the long-term equity-timing model Milton Berg has been refining since 2012, distilled into a single binary decision: be 100% in the S&P 500, or 100% in short-duration Treasuries.
Milton W. Berg, CFA
Milton has worked in the financial services industry since 1978. His career spans Erlanger & Company, First Investors Corporation, and Oppenheimer, where he ran three Lipper-top-performer mutual funds. He later worked closely with Michael Steinhardt, George Soros, and Stanley Druckenmiller (Duquesne).
In 1987 he was named Mutual Fund Manager of the Year by The Institute of Econometric Research and, jointly with Stanley Druckenmiller, by Sylvia Porter's Personal Finance Magazine.
Since 2012 he has published a daily institutional research letter to hedge-fund clients. MB Edge brings that decades-deep methodology to retail investors as a single binary signal.
Timeline
Commodities Analyst and Trader at Swiss-based Erlanger & Company.
Earns the Chartered Financial Analyst designation.
Joins Oppenheimer; managed three mutual funds — all top performers over a five-year period per Lipper.
Named Mutual Fund Manager of the Year by The Institute of Econometric Research, and — jointly with Stanley Druckenmiller — by Sylvia Porter's Personal Finance Magazine.
Worked with Michael Steinhardt, George Soros, and Stanley Druckenmiller (Duquesne).
Starts publishing his own daily trading-strategy research for institutional clients. Builds the 1,200+ indicator library.
MB Edge real-money tracking portfolio begins May 30, 2025.
MB Edge retail product launches publicly.
Simple by design.
The retail model updates daily, and the investment strategy is binary: 100% in the S&P 500 through an ETF such as VOO, or 100% in short-duration Treasuries via a money-market fund or SGOV. There are no individual stocks, no leverage, no short selling.
- The model focuses on long-term trends in the market, rather than frequent buy and sell signals.
- Subscribers are provided with the latest status in the monthly newsletter. Special reports are sent if the model provides new guidance intra-month.
- The service is geared toward investors managing their own retirement accounts who want to avoid large drawdowns.
- There have been 55 round-trip trades in 68 years — holdings can last anywhere from weeks to multiple years.
- Since October 21, 1957, the theoretical total return for this program has been +18.5% per annum versus the S&P 500 total return at +10.9%.
Edge in major down years for the S&P 500
| Year | S&P 500 | Edge |
|---|---|---|
| 1966 | -10.16% | +0.85% |
| 1973 | -14.85% | -0.21% |
| 1974 | -26.63% | +20.10% |
| 2001 | -11.87% | +19.93% |
| 2002 | -22.12% | +11.01% |
| 2008 | -36.99% | -1.35% |
| 2022 | -18.19% | +3.62% |
Total return; reinvested dividends; does not include ETF or other transaction fees.