Patenting A Method For Creating An Index Fund
from the out-of-control dept
As more and more areas are considered "patentable" you get some really bizarre patent attempts. Remember the patents on various tax strategies? Apparently some folks involved in the mutual fund business are getting into the act, trying to patent a method for creating fundamentally-weighted index funds. Clearly, without the patent system, such an idea would never have occurred to anyone.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Filed Under: index funds, mutual funds, patents
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Business Method
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false advertising?
It may even be false advertising for these folks to market this as an "index" fund.
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More BS from Mikey
Is this part of a big plan by your corporate masters ?
Tell us Mikey...
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Re: More BS from Mikey
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Re: Re: More BS from Mikey
patent "deform" of 2005 then 2006 then 2007 going all the way to April of 2008 has been finally taken off the Senate floor agenda...
Nothing comes out ?
Huh
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Re: Re: Re: More BS from Mikey
Though perhaps they ducked because the courts, who opened up this little pandora's box of anything is patentable, seem to be having second thoughts and finally saying enough is enough, thank you very much.
Novel and useful? In the absence of the actual patent application is seems like they're trying to patent what any decent mutual fund should be doing anyway. Hardly novel. Useful? I guess we'll find out.
ttfn
John
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Re: More BS from Mikey
So many incorrect things in a single statement. What does embarrassment have to do with anything. We're just pointing out how the patent system is harming, rather than helping innovation -- something you've never once tried to counter with any actual evidence.
Second, I'm not and never have been, in the corporate PR business. This has been pointed out to you in the past, and you've even admitted that you lied about out of anger -- and yet you keep doing it.
Third, I have done plenty of innovative things, including building up a successful business that contributes economically to society, while also helping many businesses better innovate as well. The overall impact of our business has resulted in widespread economic growth in this country and around the world. What have you done? And, for the record, angry dude has lied in the past about owning multiple patents, and then a year or so after saying that claimed that he'd just received his first patent -- though he refuses to tell us what that patent is for.
Angry dude, we've asked you in the past for some very simple things: rather than merely insult everyone, actually back up what you have to say. You've refused. We've asked you to stop lying. You've refused.
I'm trying to figure out how you can think that your argument is more credible when you fail to even take the most basic steps towards backing it up.
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Re: More BS from Mikey
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Re: Re: More BS from Mikey
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Re: More BS from Mikey
Angry Dude may be angry, but he isn't very good at making such critical distinctions.
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Re: More BS from Mikey
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More BS from Mikey by angry dude
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angry dude is a troll
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Re: angry dude is a troll
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"There are some things...
--Wiz Zumwalt
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"There are some things...
--Wiz Zumwalt
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Mmmm ... PB&J
Hey - waddayaknow, maybe I will avoid a prison sentence.
http://www.msnbc.msn.com/id/7432980
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Trolls and other sub-bridge dwellers
TI sold its memory business, but kept its memory patents and then sued all the memory companies, is it a troll now?
IBM obtained patents on operating system features and now no longer sells OS/2, if it asserts its rights for its patents against Microsoft, is it now an evil troll?
Give me a break...it seems many ascribe to a philosophy of "if I have a patent, it must be good and valid, and if someone else has a patent, it must be invalid and they are a troll;" this oversimplification makes no sense to me, and adds nothing of value to the discourse on the disclosure incentive system that is the US patent system. Let the good gentleman make his case to the USPTO, and if allowable, let him get his patent.
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newest jordan shoes
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