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On an annual basis, the formula outperformed the market three out of four years but underperformed about 16% of two-year periods and 5% of three-year periods. Greenblatt asserts the formula out-performed market averages 100% of the time for any period longer than three years and worked best over three to five years or more.
In 1890, Rydberg proposed on a formula describing the relation between the wavelengths in spectral lines of alkali metals. [2]: v1:376 He noticed that lines came in series and he found that he could simplify his calculations using the wavenumber (the number of waves occupying the unit length, equal to 1/λ, the inverse of the wavelength) as his unit of measurement.