Be consistent and long-term focused. That is the adage that has always been spread throughout the community.
But why? Why does being consistent matter? Why should investors not play Tai Chi with the market, reacting to its every move and chasing the best possible returns? Does it make sense to stick to a strategy when it is “underperforming” the market indexes? Is it not painful?
This article by Patrick aims to break down:
how market states affect investment performance and, caution investors on switching to a strategy that has performed well.Editor’s Notes: This post has been reproduced from the original blog, Ramblings of a Systematic Trader.
About the Author: Patrick Ling
– Masters of Science in Wealth Management, SMU
– Bachelor of Civil Engineering (2nd Upper Class) from NUS
Patrick is a portfolio manager of a systematic hedge fund.
He has extensive experience, having spent more than a decade in the asset management and
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