In my short time in the industry, I’ve learned A LOT. One important thing I’ve picked up along the way is that performance chasing is a loser’s game. Sometimes it could work out for you, but the start of 2017 has proven the opposite. One of the strongest sectors last year in 2016 was Energy. If you decided to chase that performance and buy into Energy when the calendar turned, you probably had a pretty bad quarter. I’m not saying one poor quarter of returns should make you chuck out your Energy exposure, but it would serve you better to have a well-defined process other than performance chasing.
Here’s what I’ve been reading this morning:
‘Top Sector ETF’s Ahead Of Earnings Season’ – Sumit Roy – ETF.com
‘Don’t Be An Elitist Investor’ – Anthony Isola – A Teachable Moment
‘Managed Futures & Dealing With Uncorrelated Assets’ – Ben Carlson – A Wealth Of Common Sense
‘This Flawed Advice Could Doom Your Retirement’ – Michael Foster – Forbes
‘Panera To Be Sold For $7.5 Billion, Including Debt’ – Chad Bray – The New York Times