Systematic, evidence-based investing often results in very little activity in a portfolio – but it would be wrong to think that this is the result of a ‘set-and-forget’ strategy.
Considerable effort goes on behind the scenes to allow this state of calm consistency to exist. The fortitude and discipline to deliver the advice that, ‘not much needs to be done to your portfolio except for rebalancing’, comes from a rigorous process of ongoing challenge to the status quo.
This volume of Acuity provides an insight into the furious paddling that goes on below the surface, belying the calmness that you see above the water.