@rjpjr12@RuleByPowerLaw “Buy-and-hold investors own stocks. Trend followers own trends.” 👍👍. Individual Stock can come and go, but trend always be there.
@rjpjr12@TrendCovel “The challenge is no longer following the rules. The challenge is accepting rules that make you uncomfortable”. Today rule is more easy to follow, but maybe is not the right rule. 🙏
@RichB118 “ a drawdown does not just destroy capital. It destroys time. And time is the one ingredient of compounding that can never be replace” 👍 the right sentence
Replication is impressive on the surface, but always falls short against the original.
It can mimic average CTA exposure, yet it cannot capture the tail events and uneven outliers where real trend following alpha is born.
The copy never beats the original.
Studies show that increasing diversification lessens "bad luck."
"A concentrated portfolio can be right and right even in consecutive yrs if those assets are the right ones. But they can also be wrong for long periods of time."
https://t.co/zQ2jZKGkAU
@RichB118 “The Outlier Hunter does not optimise for winning trades. The Outlier Hunter optimises for surviving long enough to capture them.” Super agree @RichB118 U always have very good writing . The must read, 👍👍👍