Tag Archives: VIA IV

You Can’t Buy the Past (Performance)

You Can’t Buy the Past (Performance) by Jeff HollandMost investors are buying based on past performance thinking that the future will replicate the past. Take for example, cryptocurrency: Bitcoin wasn’t very appealing to the masses at $1 in recent years, but when it started trading in the 5,000 -10,000 range it attracted many new entrants. The new entrants are most likely buying because they think the future will mimic the past. Continue reading