Patent №
US 6,064,985
Granted
2000-05-16
Filed 1998
Owner
ASSURED EQUITIES, INC.
Lab
—
AI components
3
kr · planning · evo
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
09010419
An automated portfolio management system and method which manages data in a database, and populates the database with data from a data feed off the Internet. The system utilizes double leveraging of funds and purchased index puts as insurance against market downturns, to generate a guaranteed high yield. The double leveraging is accomplished by selling covered calls and using a formula to determine the maximum amount to borrow against the portfolio, and using income from both sources to purchase additional stock. The high yield from the portfolio is protected from market downturns by index puts.
AI classification
Ownership
ASSURED EQUITIES, INC.
assignment · 89640817
Assignors
ANDERSON, LEROY E.
On an employer assignment, the assignors are typically the inventors.