Behavioral Finance

“Nature uses only the longest threads to weave her patterns, so that each small piece of her fabric reveals the organization of the entire tapestry.”
–Richard Feynman

One of the most common questions we hear about our systematic investing philosophy is the comparison of trend following to value investing. We welcome these questions. As trend followers and devotees of both Charlie Munger and Ed Seykota, we see common threads in contrasting investment philosophies.