George Lyttle
|
|
Team Philosophy
When speaking of our work, we do so with conviction and enthusiasm. Quoting W.D. Gann, "History repeats itself in the markets. Solomon said, 'That which has been is that which shall be, and there is nothing new under the sun.' Human nature does not change, neither does its pattern. By observing past markets, we can determine what prices will do in the future, because the future is a repetition of the past."
We believe that the key to accumulating wealth from the markets lies in our ability to keep the probabilities of success decisively in our favour. Just as patterns of behavior repeat, so too do price patterns of securities. History has demonstrated that certain patterns have high probabilities for profitable investing. We buy securities displaying these patterns. We will not be successful on all of them. However, we will be successful on the majority. By controlling our risk levels on each position, we are able to be successful overall, and in the process accumulate wealth within our accounts.
We also believe that risk and reward are not directly correlated. We do not believe that making good returns entails taking excessive risk. We believe that today's bull and bear markets are simply mirroring past bull and bear markets. When we find the "sister" markets from the past that most closely resemble today's market, we know the result will also be similar. This knowledge gives us the confidence to hold big positions throughout bull markets while others are being scared out along the way.



