On July 1, 2008 our firm launched a new investment strategy, the Global Trends Strategy. The investment approach is simple:
- Identify sustainable trends.
- Invest in those trends via ETFs.
- Adapt quickly when those trends change.
- When unable to identify a sustainable trend, wait in cash.
If you’ve been executing a trend following strategy, then by now you should be in cash and you should stay in cash until new trends are established.