Every investor and fund-of-funds seeks managers with long track records.
My prediction: majority of such investments will be poor.
Reason: no matter how long someone trades, if the underlying strategy is bad / full of various types of weak sides - it will fail.
Proof:
http://www.autumngold.com/Advisor/Statistics/cta_profile.php?op=profile&id=11157
http://www.autumngold.com/Advisor/Statistics/cta_profile.php?op=profile&id=11158
http://www.autumngold.com/Advisor/Statistics/cta_profile.php?op=profile&id=427
My prediction: majority of such investments will be poor.
Reason: no matter how long someone trades, if the underlying strategy is bad / full of various types of weak sides - it will fail.
Proof:
http://www.autumngold.com/Advisor/Statistics/cta_profile.php?op=profile&id=11157
http://www.autumngold.com/Advisor/Statistics/cta_profile.php?op=profile&id=11158
http://www.autumngold.com/Advisor/Statistics/cta_profile.php?op=profile&id=427