Redwood Investment Management

Time heals most wounds – or does it? Just a little more than a year has passed since what would have been an “optimistic” third quarter check point in 2018. Although the close of a “quarter” (for example, September 30^th each year) is arbitrary by nature, it may not be arbitrary to many investors who use a quarter-end report to look back and wonder how their investments have been faring. However, a common story often occurs. Somewhere – somewhere out there, is a product that has inevitably performed well, and of course the investor missed out. Although many recognize the fine print, “past performance is not indicative of future results”, it would seem that few heed its warning.