Re: Robcos gas done well IMO.
Rob could have been right with his calls on his timing but he was wrong. It’s as simple as that. We were all wrong about the timing not just Rob. Very similar to the technology bubble in the early 2000s. Was there any technology experts that saw that bear market coming? Lesson is you can’t rely on industry experts to tell you about sector rotation. The experts will always see a bull market coming. Lots of us valued his access to research coming from analysts but these are the analysts that always see a bull market. Now we know how a strategy like Rob’s does when the trend in biotech goes south. The strategy does very well when biotech is a leading asset class and the trend is positive. There was a guy on this board long ago that tried to explain the sector and how he saw it. That’s the kind of due diligence that I think lots of investors lack. Following a trend takes the emotions out of investing.