Look, instead, at our up- and down-market grades, and you have to confront the fact that a bull market doesn't last forever and that you may not have the stamina to survive a bear one.

FORBES: The Prevalence of Fads

Risk is captured in our fund survey by the separate grades for bull market and bear market results.

FORBES: Mutual Fund Survey

The Forbes fund rating system, which goes back half a century, looks at a minimum of two full market cycles and awards separate performance grades for bull and bear markets.

FORBES: The Forbes Fund Grading System

Those critics also argue the ratings firms were afraid of giving low grades because they would lose market share.

FORBES: Suing S&P Won't Cure The Problem Of Relying On Ratings Agencies

Type in a ticker symbol at riskgrades.com and you'll soon see grades for a firm's market, credit, governance and accounting risk.

FORBES: Magazine Article

Now, however, we have to worry about another pricing discrepancy: WTI is very cheap relative to similar grades of oil on the world market (for background, see this post).

FORBES: Oil And Natural Gas Prices Get Divorced

Sir Steve, the outgoing president of Universities UK - the body representing UK universities - said the government had introduced a market for A-level students with the best grades.

BBC: Universities 'to offer A-grade students cash'

First we look at how well funds have performed over four market cycles, from Jan. 31, 1994 through the end of July 2005, using our letter grades.

FORBES: How We Find The Very Best

Scroll down for Forbes grades for 950 funds that buy U.S. stocks and have been around for at least two market cycles (since August 2000).

FORBES: Mutual Fund Survey