David R. Kotok co-founded Cumberland Advisors in 1973 and has been its Chief Investment Officer since inception. He holds a B.S. in economics from The Wharton School of the University of Pennsylvania, an M.S. in organizational dynamics from The School of Arts ... more
David R. Kotok co-founded Cumberland Advisors in 1973 and has been its Chief Investment Officer since inception. He holds a B.S. in economics from The Wharton School of the University of Pennsylvania, an M.S. in organizational dynamics from The School of Arts and Sciences at the University of Pennsylvania, and an M.A. in philosophy from the University of Pennsylvania.
Mr. Kotok’s articles and financial market commentaries have appeared in The New York Times, The Wall Street Journal, Barron’s, and other publications. He is a frequent contributor to Bloomberg TV and Bloomberg Radio, Fox Business, and other media.
Mr. Kotok has served as Program Chairman and currently serves as a Director of the Global Interdependence Center (GIC), whose mission is to encourage the expansion of global dialogue and free trade in order to improve cooperation and understanding among nation states, with the goal of reducing international conflicts and improving worldwide living standards. Mr. Kotok chaired its Central Banking Series and organized a five-continent dialogue held in Cape Town, Chile, Hong Kong, Hanoi, Milan, Paris, Philadelphia, Prague, Rome, Santiago, Shanghai, Singapore, Tallinn, and Zambia (Livingstone). He has received the Global Citizen Award from GIC for his efforts.
Mr. Kotok is a member of the National Business Economics Issues Council (NBEIC), the National Association for Business Economics (NABE) and served on the Research Advisory Board of BCA Research. Mr. Kotok has served as a Commissioner of the Delaware River Port Authority (DRPA) and on the Treasury Transition Teams for New Jersey Governors Kean and Whitman. He has also served as a board member of the New Jersey Economic Development Authority and as Chairman of the New Jersey Casino Reinvestment Development Authority. He has authored or co-authored four books, including the best selling second edition of From Bear to Bull with ETFs and the newest book Adventures in Muniland.
lessACUC | AMERICAN URANIUM CP |
BSYN | BIOSYNERGY INC |
CPP | Preferredplus Trust |
CUYTY | COLRUYT SA UNSP ADR |
DYSOY | DYESOL LTD ADR |
EPRJF | |
FGTIX | Franklin Templeton Growth Target Fund Class A |
HRID | HYBRID FUELS INC |
MMRBX | Mainstay Moderate Allocation Fund Class B |
MOSYX | Massmutual Select Overseas Fd Cl Y |
PTTWF | POLISH TELECOM TPSA |
VCTDIX | Van Kampen Focus Portfolios |
WAOCX | Western Asset Fds Shs -C- Non-US Opportunity Bond Fund |
WNMLA | WINMILL |
Chairman and Chief Investment Officer | |
Cumberland Advisors | |
March 1973 - Present (49 years 11 months) | |
Since 1973, Cumberland Advisors has been a trusted source for market expertise, personal service, and individual and institutional money management. Cumberland Advisors is an independent, fee-for-service money management firm managing over $2.5 billion in assets. |
University of Pennsylvania - The Wharton School | |
Bachelor’s Degree | |
Economics |
University of Pennsylvania | |
Master’s Degree | |
Organizational Dynamics |
University of Pennsylvania | |
Master’s Degree | |
Philosophy |
Adventures in Muniland: A Guide to Municipal Bond Investing in the Post-Crisis Era | |
David Kotok | |
Cumberland Advisors | |
08/03/2015 | |
With a perspective that only decades of experience can bring, Adventures in Muniland captures the municipal bond market's transformation from stodgy to dynamic. This concise, yet comprehensive stroll offers an insider's view, brings the reader right up to today's discussions, and carries the added benefit of providing a clear understanding of what can at times appear to be an opaque marketplace. The Cumberland team has produced an insightful review for the seasoned professional and a must read for newcomers and investors. |
From Bear to Bull with ETFs | |
David Kotok | |
Cumberland Advisors Publishing | |
07/09/2014 | |
This revised second edition focuses on certain U.S.-registered ETFs and their performance during the recent bear market and subsequent bull market up to March 2014. It concentrates on those ETFs that refer to, are part of, are linked in some way to, or are references for the Standard and Poor's 500 Index and its sector components. It also includes some ETFs that capture performance results outside of the S&P 500. There are three sections and a new appendix. The first section focuses on actual trading and events that occurred in the market from October 2007 until March 2014. The second is a brand-new section written by Talley Léger on the performance of the cyclical vs. the defensive sectors of the U.S. equity market. The third section focuses on commentaries that discuss the events during the period of October 2007 through March 2014, written and published during this bear market and ensuing bull-market phase. |
Latest Comments
The Failing Trump Navarro Trade War
I agree. But US was hurt by retaliation tariffs. Soybeans. Lobster. Two examples.