Carry Trade

“I mean, I think these kinds of things, so I've never done them. And part of the reason why is I think these things look genius and they work until one moment in time where they stop working and it's It stops working so severely that it becomes almost impossibl…”

“What I would like to suggest to you is that the era of the momentum investor and the era of the carry trade investor are now done. We've entered the period of the return to the mean investor.”