Performance Chasing

We decided to take a break from the tariff talk this week, in part as we have an investor strategy report coming out shortly. Instead we took a look at performance chasing which we would argue does more damage to investor’s long term returns than tariffs ever could. The most popular line in financial disclaimers may be ‘past performance is no guarantee of future results’ but the most often asked question by investors is ‘how has it done?’.

 

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