Systematic Investment Research & Education

The odds of beating indexing over long periods are low but not zero. In my view, based on following verified track records and my own experience, it is possible. I know of some discretionary investors and traders who have done so, but few have this ability. Most of the best track records of which I am aware were produced by systematic or primarily systematic methods.

I agree and disagree. I agree that most can’t and will find it hard to outperform and beat the markets over the long time, and hence indexing is the best alternative. I have the belief that one can beat the markets if they have the right long-term analytical framework, behavioral and philosophical approach. Active stock selection is then preferred rather than indexing for those who are able to.

“One Hundred Years in the U.S. Stock Markets” - Hendrik Bessembinder (18 Mar 2026) - Updated study to cover 29,081 US stocks (firms) over a longer period of 100 years (1926-2025) vs 1926-2016 previously - 60/40: 41% exceeded UST returns, 59% below. - Power laws persist in stock markets, just like venture capital. - Strong right tail positive skewness of a few big winners that dominate the majority of gains. - 0.7% of firms (208) accounted for 75% of net shareholder wealth created (SWC). - 3.7% of firms (1,082) accounted for 100% of SWC. - Implications: Find winners, buy winners, hold winners, add to winners, and sell losers.

@TrendAndTurtle @rjpjr12 @TradingComposur Looking forward to the first episode, thanks!

@SystematicIRE @rjpjr12 @TradingComposur If you’re into systematic trending following you’ll love this project I’ve been working on with Jerry - check out the intro video below - episode one drops Sunday night. Lemme know what you think. m.youtube.com/watch?v=4cN0Zk…

“The most important rule of trading is to play great defense, not offense.” ~ Paul Tudor Jones

“Selling your winners and holding your losers is like cutting flowers and watering weeds.” - Peter Lynch

@kejca Classic Charlie!

Charlie Munger: "I'm an accidental guru. I didn't set out to have an audience of people coming in and asking me questions about every damn subject in the world. It just kind of happened by accident and I went along with it because I think it did more good than harm."

Highly recommended!

@EugeneNg We are in heated agreement!

Charlie Munger: “At Berkshire, we’ve done better than average. Why? The answer is pretty simple: We tried to do less. We never thought we could get really useful information on all subjects…We always realized that if we worked really hard we could find a few things where we were right. And a few things were enough.”

@AussieTurtlesAU It is great to see classic trend continue to shine!

February 2026: Another Strong Month for Trend Followers All seven trend-following indexes posted gains in February. Classic Trend led at +5.3%, with metals exploding in the final week. Silver surged 12.4% and gold extended to fresh all-time highs above $5,296. The full February Battle of the Trend Following Indexes is live now. aussieturtles.com/battle-of-the-… #TrendFollowing #ManagedFutures #SystematicTrading #CTA

“Investing isn’t about beating others at their game. It’s about controlling yourself at your own game.” — Jason Zweig

Rising Stars and Trend Titans: February 2026 "Recoveries Come Quickly" February tested the trend-following community. Early energy reversals. Mid-month cooling. Then metals exploded. Silver surged +12.42% in a single week. Gold reached all-time highs above $5,296. The benchmark delivered +4.01% for the second consecutive month above four percent. Superfund Green Silver SICAV captured +29.19%. Mulvaney extended its three-month run past +70%. Those who held their positions captured it all. Read the full analysis: atstradingsolutions.com/rising-stars-a… #ManagedFutures #TrendFollowing #SystematicTrading #AlternativeInvestments

A recent interview of mine is now on YouTube: youtube.com/watch?v=CcjKhz… The soundtrack's been dubbed because the facilitator was in Brazil. I don't really sound like that...

@CapitalPatient @TheIdeaFarm @ManGroup The S-PE was high relative to its 3-y average at the time the drawdown started in most instances. It does take a minute to figure out what the graph is showing. The drawdowns are shown in chronological order.

@TheIdeaFarm @SystematicIRE @ManGroup This is chart crime to me? No idea how to interpret this at first glance.

📊 Chart of the Day Going into a drawdown, valuations have typically been expensive. @ManGroup theideafarm.com/markets/such-g…

Excellent post! Improvement is about defining a process and then collecting data on process and results to provide ongoing feedback.

Investing Quote of the Day: “The best investors are not investors at all. They are entrepreneurs who have never sold.” - Nick Sleep

I bookmark hundreds of investing tweets every week. Here are my 15 best bookmarks from the past week. Smart ideas. Great charts. Sharp takes 🧵👇🏻 (#7 is my favorite from this week)

@dailydirtnap A natural experiment of the type that allows evaluation of the effects of different policies by states in a republic. People can vote with their feet.

Red states are eliminating income taxes, blue states are raising them. It's going to be amazing to see what this country looks like in 20 years.