Learn about Swan Global Investments: our organization, innovative investment philosophy and proven Defined Risk approach to investment management.
At Swan Global Investments, everything we do, from our investment philosophy to our process and investment decisions, is to serve the best interests of long-term investors in a way that Wall Street hasn’t.
We believe Modern Portfolio Theory, or diversification by asset allocation, is limited and only part of the solution, and that stock selection or market timing is difficult to consistently execute over time to outperform the market.
We refuse to accept that large losses and multi-year recoveries are necessary consequences of market risk. Instead, “by actively seeking to not lose big, we believe investors will be better off in the long run.” (Randy Swan, Founder, CEO and Lead PM)
While investors are often told to ‘buy and hold’, research from Dalbar, Inc. and other sources repeatedly show that investors find it difficult to know when to buy, and in volatile times they find it difficult to hold, often leading investors to ‘buy and fold’.
Instead of ‘buy and hold’ our investment philosophy is to buy, hold, and hedge.
By remaining Always invested, Always hedged’ our Defined Risk Strategy seeks participation in upside moves in equity markets, while reducing losses in bear markets, to smooth returns over full market cycles so investors remain invested and on track towards their goals.