Heeten H. Doshi, CFA is the founder of Doshi Capital Management, a private investment management firm where he manages the Doshi Systematic Strategy Fund.
Heeten and his team run a market timing strategy which with a live track record of almost nine years defies conventional wisdom that you cannot time the market.
Heeten actually agrees with that when you're trying to market time on a daily basis, but with the right data and algorithms you might as well succeed in identifying risk on and risk off market periods on a weekly and monthly basis. Based on 7.5 years of fine-tuning and trading prop capital, the strategy opened up to outside investors in 2020, ending up 147.5% that year and continuing its positive run in 2021.
Heeten's investment approach has been formulated on the back of the 2000 dot-com and 2008 housing crisis with the aim to allow investors to stay invested through market cycles through a diversifying, absolute return strategy. The algorithmic model – both contrarian and momentum – brings together several investing disciplines into a multi-factor composite that forecasts short to intermediate-term risk on and risk off periods of the market with the aim to grow and preserve capital in any market environment: True diversification, but without giving up performance.
In this video, Heeten also explains:
- The simple secret to a high Sharpe Ratio: Produce Alpha, when markets are down, which the S&P is 45% on a weekly basis
- How systematic models allow you to successfully trade the markets that “have a mind of their own”
- Risk Management: Adaptive algorithmic stop-losses
- Doshi Capital’s growing investor base
- How is the strategy expected do in rising interest rate environments?
Heeten H. Doshi, CFA is the founder of Doshi Capital Management, a private investment management firm where he manages the Doshi Systematic Strategy Fund. He also worked as a senior equity strategist in Brown Brothers Harriman’s Portfolio Strategy team, where he focused on the economic market cycles and sector/industry investment recommendations. Before that he worked at Morgan Stanley as a research analyst where he conducted bottom-up fundamental analysis covering the transportation industry and at Lehman Brothers where he was a fixed income trader.
Heeten received an MS in Accounting from the University of Illinois and an MS in Management from Babson F.W. Olin Graduate School of Business, an undergraduate degree in Finance and has obtained the CFA designation.
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Heeten H. Doshi, CFA is the founder of Doshi Capital Management, a private investment management firm where he manages the Doshi Systematic Strategy Fund.
Heeten and his team run a market timing strategy which with a live track record of almost nine years defies conventional wisdom that you cannot time the market.
Heeten actually agrees with that when you're trying to market time on a daily basis, but with the right data and algorithms you might as well succeed in identifying risk on and risk off market periods on a weekly and monthl ...more