Generally, the present invention provides a method and computerized system for generating a classifier model, wherein the classifier model is operative to classify web content. The method and computerized system includes a first step of defining a plurality of predictive performance measures based on a leave one out (LOO) cross validation in terms of selectable model parameters. Exemplary predictive performance measures includes smoothened predictive measures such as F-measure, weighted error rate measure, area under curve measure, by way of example. The method and computerized system further includes deriving efficient analytical expressions for predictive performance measures to compute the LOO predictive performance and their derivatives. The next step is thereupon selecting a classifier model based on the LOO predictive performance.