# Managed Futures **URL:** https://forum.mustachianpost.com/t/managed-futures/10396 **Category:** Investing / Portfolios **Created:** [June 1, 2023, 10:08pm UTC](https://forum.mustachianpost.com/t/managed-futures/10396 "2023-06-01T22:08:58Z") **Posts on this page:** 1 **Showing post:** 12
### Author: ![johndoe1](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/j/13edae/32.png) [@johndoe1](https://forum.mustachianpost.com/u/johndoe1) #### Post date: [June 4, 2023, 4:14pm UTC](https://forum.mustachianpost.com/t/managed-futures/10396/12 "2023-06-04T16:14:05Z")
> [@Helix](#): > > They did not manage to beat the fundamentals in 30 years. They will not in the future. Do they have to beat the fundamentals, or do you think an uncorrelated stream of returns would be beneficial to your portfolio Sharpe in it’s own right? I’m not comparing trend to equity, but to bonds, because I need to lower portfolio risk before FIRE (lower my equity beta to reduce sequence risk in retirement). Bonds can have like 40 years of negative real returns. Can trend too? ![image](https://forum.mustachianpost.com/uploads/default/original/2X/7/7baf5ce2b667c5a68df6426ed9d727926f2205e3.jpeg) BTW, here’s some further food for thought. Let me know what you think of it if you got some time. It’s written by a trend shop, so beware 😁 TSMOM’s the buzzword, you might want to run a regression > **[A Century of Evidence on Trend-Following Investing](https://www.aqr.com/Insights/Research/Journal-Article/A-Century-of-Evidence-on-Trend-Following-Investing)** > > We simulate a trend-following strategy back to 1880 and investigate whether strong performance over a few decades was a statistical fluke, or a more robust phenomenon that may hold true over a wide range of economic conditions. --- _[View the full topic](https://forum.mustachianpost.com/t/managed-futures/10396)._