A week ago, the market “knew” the Iran war would escalate.

Days later, it “knew” a ceasefire was coming.

In between, investors were told to be “nimble,” “agile,” and ready for anything—none of which translates into an actual investment decision.

In this 9-minute video, I walk through that sequence using Barron’s, Bloomberg, and The Wall Street Journal. The conclusion is straightforward:

Nobody knew what was going to happen.

We didn’t either. But we didn’t need to.

Our plans had a scheduled action on April 6. Prices were down. The rules said buy. We executed.

That’s the difference between a process and a guess.

If you rely on headlines, you’re always reacting after the fact. If you rely on rules, you’re already positioned when the turn comes.

See our performance at jasonkelly.com

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