Investors should mitigate cryptocurrency volatility by extending their time horizon rather than trying to time the market.

“The only way to mitigate it is to extend your time horizon.”

A portfolio manager should let their winners run rather than trimming them to double down on underperforming investments.

“I mean, as value investors, we naturally tend to average down on companies that haven't performed for us yet. And honestly, it feels kind of good to take the opposite approach at times and just let the winners run if you have them instead of trimming them to double down on the names that haven't wor”

Building a long-term investment portfolio requires ignoring short-term price movements and holding onto strong companies for a decade.

“And really question is how can we set ourselves up for success over the next decade and and 10 years from now if this is going to be a much much much stronger and more valuable company than it is today in kind of our opinion of that's what we think will happen then why play the game of jumping in an”

Traders must have defined rules for exiting positions when stock trends break, such as cutting losses at marked lows, to avoid major market declines.

“So you have to have lines in the sand. Now, you can have really tight lines in the sand or looser ones. But one of the easiest ones um that isn't always tight and isn't always loose. It just kind of goes with the data are your marked lows.”

A 10% allocation to trend following strategies improves the risk-adjusted returns and resilience of an equity-bond portfolio.

“went to research, found that a 10% allocation to trend following would have improved the returns of an equity bond portfolio and 87% of ten year period since 1972, increasing the portfolio's outperformance over cash to 4.8% from 4.1% on average.”