Call 1.866.825.3005 for more information
Call 1.866.825.3005 for more information
Tong has developed a unique investment philosophy, which removes emotions from the equation.
Tong puts an emphasis on the mechanical computer models of fundamental and technical analysis without human interventions. The model should be simplistic and has a sound basis without too much fitting for performance using historical data. The investment decisions should not be driven by news and short-term irrationalities of the market. However, Tong reduces exposure when he perceives the possible breakdown of global macro economic stability. However, this should be a very rare occurrence. He puts a high emphasis on risk management, which is key to the long-term success of investing.
After experiencing the dot-com bust, he got tired of the buy and hold philosophy by investing in mutual funds and started to actively manage his own account, learning finance and macro economics. He learned that value stocks have outperformed growth stocks in the long-term and actively managed portfolios can achieve much higher return/risk ratios than the mutual fund industry offers. He believes in diversification and the need to focus on opportunities. Risk management is key to long-term success. Hence, he developed a unique philosophy for investment without too much involvement of emotions.
Important Information
Performance of the model manager’s account is calculated by Covestor on a daily time-weighted basis, including cash and broker commissions. More
Past performance is no guarantee of future results. Month to Date returns & Since Inception returns are revised daily. All other returns (month, 3 month, year to date, et al) are calculated as of the most recent month end date.
The subscription minimum is the minimum subscription required to follow a particular model. The minimum amount is determined by Covestor, based on the characteristics of the underlying model. It should not be considered as specific investment advice for your investment situation.
Model commentary
Innospec stock: Look who's trimming and holding (IOSP)
4 July 2011
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