Momentum vs. Reversion to Mean and how it impacts being diversified/hedged
First Query: When I take all of your positions from multiple strategies and when I put them in a watchlist and scroll through the charts, it seems like the majority are momentum trades…QQQ, GLD, EIS, EPOL, etc. but then in your U.S. Sector strategy, it’s XLP and XLV and they are clearly defensive/reversion trades. From a portfolio management perspective, I never want to be all momentum or all reversion. Even your hedge strategy lately has … Read more