“ So - I model my investments after their strategy. I buy strangles and straddles. That’s not “betting” - that’s “hedging.”
After a lifetime as a portfolio strategist, I am now free to focus on just managing our family money.
I developed a simple strategy that makes life easy...
I buy things going up.
I sell things going down.
I measure market risk as I do it and adjust exposure accordingly.
I enjoy nice returns, with less risk, and life is good.
I do a lot of hedging. I am more of a technical trader - paying attention - mostly - to 20-50-200 daily-weekly and monthly moving averages. It's amazing that when things are trending up well - and then they fall - they always seem to find their support at one of those levels (usually - unless there is some other reason). I then place well-hedged strangles and straddles on options where I won't get eaten up by the spread.