CHART OF THE DAY: Decision Process Hierarchy

02/05/20 08:22AM EST

Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.

CHART OF THE DAY: Decision Process Hierarchy - 2 5 2020 8 33 30 AM

Ultimately, my decision making process is designed to simplify the complexity of a non-linear ecosystem:

A) What economic Quad is the country in question in … and
B) Does my multi-factor and multi-duration market Signal agree with that Quad nowcast

For those of you still asking why I covered my Tesla (TSLA) mistake at $500.22/share on January 16th, my decision making process is the same for a stock as an expected asset allocation for an economic Quad:

A) The call my analyst is making on a stock is usually trumped by
B) My multi-factor and multi-duration market signal

*Note: that’s why I’m accountable for my mistake – my analyst didn’t short or cover the position in RTA. I did.

CHART OF THE DAY: Decision Process Hierarchy - CoD Process Hierarchy

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.