Latest / The Empowered Investor
You Chase - You Lose!
“Past performance is not indicative of future results.”
It’s a common phrase that you’ll see on a lot of investment material but its implications are often missed by investors.
Chasing performance is what happens when you see a stock or sector performing well or other investors reaping big rewards so you decide to buy in at the high levels. It’s not at all a new phenomenon as there are always stocks with new and exciting stories inducing the fear of missing out.
In this episode, Marcelo and Keith explore what chasing performance looks like, examples from the last two years that have trapped…
The skinny
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