Why it’s too late to buy out-performers

by Mathew Verdouw, CMT, CFTe | November 25, 2016 | All Articles, Technical Analysis, Education | 2 comments

We are told that “past performance is not a guarantee of future returns”. For many years now, regulators have mandated that every piece of advice have that statement attached. You would think it was the 11th commandment. Yet many advisers and investors will recommend the best performing securities based on that very assumption.