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Investment Strategies / Mechanical Investing
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Author: Mark19   😊 😞
Number: of 3958 
Subject: Re: A mechanical strategy
Date: 03/25/2023 8:04 PM
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Thank you Anchak.

It would just be one more task to keep track of, so I am glad it does not work.

Over the decades now, I have seen so many strategies that seem to work and then when you try them they stop working, or they never worked. The latest is Saul's board. It worked so incredibly well and now is getting hammered.

I heard an interview with Aswath Damoderan and he talked about someone on his death bed, who used fancy charts all his life, and someone comes in and says 'You know, if you had just bought and held spy, you would have done 1/2% better per annum.' The guy looked at him and said, 'True, but I had much more fun with my charts.'

I am starting to believe that is what investing is really about. We have fun coming up with new techniques, learn the different companies, but don't do much better than just owning some ETFs.

And more to the point, if we have fun, it does not matter.
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