In the short run the market is a voting machine, in the long run it is a weighing machine
Here, we take a deep dive in our investment transactions to help better understand our strategies. We share transaction dynamics, patterns and volume over timelines. For example our long term (20 year) average is ~ 18 transactions per year (11 buys, 7 sales), whilst more recently this has shrunk to just ~ 8 transactions per year.
Here, we provide a bird's eye view of some of the key components of our investment strategy. These include portfolio decisions for asset allocation, size, monitoring and watchlist; the importance of managing our group dynamics, the voting system and risk tolerance - just to name a few.
Receiving great investment proposals is an essential activity of the club and benefit for the members.
Mobius has developed a number of approaches to encourage best practice and quality investment submissions. The type of techniques used largely depended on (1) the volume and quality of investment cases submitted and (2) the quality of reviews made on these proposals.
As an investor, you probably heard the saying "time in the market, not timing the market ", meaning whether to timely exit the market (selling off) or “remain invested” (sit tight) in the face of a (global) market turmoil (forecast or in-progress).
At Mobius, we tested this theory using our large data set. Here, we show how remaining invested (time in the market) would have been a good decision.
Here, a share is automatically selected through a set of filters (jointly agreed by club members): The top share from the resulting shortlist is bought.
The Systematic technique is a key instrument in the club’s investment toolset. It is really useful either as an additional “share generator & contributor” to a portfolio and/or to keep the club’s momentum going when there are few submitted investment proposals and/or the club’s joint participation is rather passive.