What goes up must come down (and vice versa)
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Pie Funds
Over the past five years, Australia has been one the worst performing markets in USD terms, with 13% total returns in AUD and -18% total returns in USD. However, the outlook appears far less dismal when considering the theory of mean reversion: What goes up must come down, and vice versa. Remember prolonged periods of below average returns are normally followed by above-average returns. There is a high probability there will be a mean reversion for Australian equities, in which case they could well be the best performing market in the next five years. Read the full newsletter from Pie Funds here: (VIEW LINK)
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Pie Funds is a boutique Investment Manager. We are committed to our investment style and ignore the crowd. All our clients are treated with respect and we understand that choosing an investment manager is a big decision with important consequences...
Expertise
No areas of expertise
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Pie Funds is a boutique Investment Manager. We are committed to our investment style and ignore the crowd. All our clients are treated with respect and we understand that choosing an investment manager is a big decision with important consequences...
Expertise
No areas of expertise