I tell you Alpha the market really is and exercise of dumbing...

I tell you Alpha the market really is and exercise of dumbing down lately.
It seems to me with liquidity so high and interest rates so low it was a case of any excuse.
What we are seeing is the effects of mass participation at it's igorant best, times they are a changin'.

What to do?

Primary trends, strategy and discipline.

Also pays to be aware that the investment environment has fundamentally changed in last 5 years and will continue to do so.

Rob.