Dan Irvine | Principal
3Summit Investment Management, LLC
We share our research and investment philosophy quarterly with clients and the investing public through Investing Insights. I write about topics related to investment strategy, portfolio design, risk management and general investing topics. If you prefer a different format you may also access this content through our podcast called Investing Insights for the Modern Investor.
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Latest Investing Insight
Stock Valuations Are Sky High – What Comes Next?
Investors are facing economic conditions that have not been seen for 40 years. This quarter, we will examine how to measure and evaluate stock market valuations and then identify the driving economic forces responsible for their rise to such significant levels. Finally, we will discuss the economic mechanisms that pull valuations back towards their mean, what indicators investors should be monitoring and what those indicators may foreshadow for stock prices and valuations going forward.
Investing Insights Archive
GameStop – A Financial Battle to the Death and What It Foreshadows
Some traders are making millions or tens of millions of dollars on their GameStop holdings, while several hedge funds are losing billions of dollars. A huge number of small retail traders have been taking it to the billion-dollar hedge funds that have large short positions in GameStop, and these retail traders are a vicious pack out for blood. This zero-sum battle between small retail investors taking long positions (betting the stock will go up) and big money hedge funds on the short side of the trade (betting the stock will go down) led to a massive short squeeze that propelled the price of GameStop into a parabolic move to the moon.
Riding Big Waves to Big Returns
Something is wrong with the S&P 500 Index. Risk is very high for U.S. stock investors. In this episode we break down the risk and opportunities for stock investors and provide strategies for navigating this risky market.
Conventional Diversification Fails…Again (Part 2)
I introduce powerful risk management strategies that address the shortfalls of conventional diversification, offer protection from large investment losses, and drive the opportunity for higher long-term returns.
Conventional Diversification Fails…Again
Conventional diversification is a useful risk management tool, however its tendency to fail when it is needed most is rarely understood or acknowledged within the investment management industry. We explore conventional diversification, how it works and why it frequently fails at the time of greatest need.
Chasing the Siren Song of High Returns
Performance chasing is one of the biggest mistakes investors make. Learn why performance chasing can be so detrimental to successful investing and how to avoid it.
How To Make Millions Speculating In Stocks
I show you how an investor could have turned $300,000 into $272,000,000, why you should not try and do that yourself, and if you must speculate in the stock market, how to maximize your already low odds of success.
The Agony and Ecstasy of Great Investing
Do you want to double your long-term investment returns? I explain how you can develop the one skill you need to produce great investing results.
Are Mutual Funds A Good Investment?
In this quarter’s Investing Insight, I discuss why I believe Mutual Funds are bad investments in general. Mutual funds are the sacred cow of the largest investment firms, believe me, I do not make any friends among investing peers when talking about this topic. However, I have always believed that investment decisions should not be driven by the status quo within the industry, but that any investment approach should be able to stand up to the rigors of evidence-based analysis.
High Returns From Low Risk
Fair warning, I am confident the topic I will cover today will blow your mind and hopefully cause you to question much of what you have learned about investing. I am being perfectly serious. What I am about to show you, flips the common investing wisdom upside-down. The concepts I lay out in this Investing Insight are at the foundation of my investing philosophy and the driving force behind 3Summit’s innovations in portfolio design and management. I hope the investing secrets I am going to share with you today inspire and inform your investing process as much as they have mine.
Trend Following – The Trend Is Your Friend
Trend Following is a powerful investment strategy that is not only capable of outperforming over the long-term but is also a risk management tool. Learn why Trend Following is a strategy that should be included in any well structured investment portfolio.
