Preparing For The Macro Regime Shift To The “Overheat Phase”

Legendary speculator, Jesse Livermore, credits the following realization with transforming his trading game and turning him into one of the greats. He said: Tape reading was an important part of the game; so was beginning at the right time; so was sticking to your position. But my greatest discovery was that a man must study […]

Ray Dalio’s Portfolio Allocation Strategy: The Holy Grail

Here’s an excerpt from Ray Dalio’s recent book Principles recounting his biggest aha!” moment in investing. This epiphany is what helped Dalio develop the unmatched asset allocation strategy he uses in his investment portfolios (emphasis is mine):  From my earlier failures, I knew that no matter how confident I was in making anyone bet I could […]