Monday, September 05, 2005

Perform Poorly?

"I have consistently heard about the 'death of trend-following' during every period of poor performance. Every one. Fortunately, I did enough research to allow me to relax and maintain a long-term perspective."

"I've been doing this for 20 years, and every time there's a change in the market, they say I should change my ways. But every time there's a period when we don't do well, it's followed by one in which we do extraordinarily well."

John W. Henry

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