No One Can Predict the Future
No One Can Predict The Future!
Claims of having navigated markets 'like this' before are blatantly false. While the current bear market may have begun similarly to those in 2001 and 2008, this situation bears no resemblance to the past two bear markets. One can see this divergence in the chart below.
In fact, the market is so unpredictable that some pundits have compared it to a 'random walk,' analogous to someone wandering through an unfamiliar city with no idea where to go.
Because the future remains uncertain, it's crucial for investors to adopt a process-driven approach. By analyzing data, conducting thorough research, diversifying investments, and managing drawdown risk, we believe investors are better positioned to reach their financial objectives.
Source: Bloomberg, Redwood. Data as of 6/30/2023. Date Range from 2000 - 2023.
Disclosure: This piece is for informational purposes only and contains opinions that should not be construed as facts. Information provided herein from third parties is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Charts and graphs are for illustrative purposes only. Discussion of any specific strategy is not intended as a guarantee of profit or loss. Past performance is not a guarantee of future results. The objectives mentioned are not guaranteed to be achieved. Investors cannot invest directly in any of the indices mentioned above.