In this clip from today’s edition of The Macro Show, Hedgeye CEO Keith McCullough breaks down how to know when to get out and shift your asset allocations, using the #Quad2 to #Quad3 Phase Transition that occurred earlier this year as an example.
“What was the lesson? The lesson was #Quad3 really did matter to that exposure. The higher the short-interest, the smaller the cap, the bigger the story; the bigger your performance problems.”
“Hold yourself to account, and say ‘How could I have done better?’ You’re going to make mistakes; you absolutely have to make mistakes or you’re never going to learn.”