Barry Ritholz has a really smart piece -Take The Loss-with important implications (in the event that you want to succeed over time!) for individuals, investors, businesses, and nations. Here is a teaser:
There will be losses. How you handle them determines your fortune, your fate and your future.
If you want to understand the sell discipline of relative strength models, you’ll benefit from reading Relative Strength and Asset Class Rotation by John Lewis. Dig deep and read the appendix so that you can understand the pros and cons of altering the relative strength sensitivity.
