“Sell if you would not be buying today… you should own the optimal weighting for what you think you own”
Australian Investors Podcast · Finding Monsters: Matt Joass of Maven Funds Management [REWIND to 2019]
Play from 1:11:19
1:11:19
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What was described
Sell a position if you would not buy it today at current weighting
Said nearby on the same subject
“I put a survey up on that blog post and say, would you prefer to bake or buy? Click here if you would like to buy. If they clicked here to buy, I took them to a Shopify site.”
“If you buy the one-year today for a year and then roll it over, I have to get 6%, ignoring compounding… If you think the one-year rate is not going to be at 6% next year, you'd buy the two-year.”
HB
Harley Bassman
Alpha Exchange ·
Why it worked1-year 4%, 2-year 5%, implied 6% roll-over returnShare this moment
“If you had an equal-weighted strategy, well, if things started to get out of whack, you want to get them back to equal-weighted.”