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Besides influences by earth tides, also additional fluctuations can be monitored by long term records.
For areas that lack long term records of rainfall characteristics, other techniques have been developed for various countries.
The lack of a simple equivalent to give the daily humidity has perhaps made long term records more difficult to assemble.
The assembly of long term records of humidity, although not always a simple task, can give insight into the changing conditions and hint at the direction of change likely though the current century.
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Some portfolio managers say long-term records separate skilled stock pickers from the merely lucky ones.
Individual stocks with long-term records can also be vetted for downside risk.
Despite impressive long-term records, Mr. Soros and Mr. Robertson could not keep up the pace the last two years.
"There are better options in funds with better long-term records and lower expenses," said Catherine Hickey, an analyst at Morningstar.
Still, the sell-off in the market has been so widespread that even funds with good long-term records have lost significant amounts.
Alexander M. Grant Jr., manager of the RS Tax-Exempt fund, said investors should seek funds with holdings of high-grade issuers with good long-term records.
While investors may do well to favor index funds in large-cap or value-oriented market sectors, they may want actively managed funds with strong long-term records when investing in small-cap growth stocks.
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