Insights.
The research behind Levment’s rules, written plainly. Momentum, leverage, trend following and the rules for investing in a private fund.
Momentum investing: why buying high and selling higher works
Decades of research on why strong markets tend to stay strong, and where momentum fails.
8 min readLeveraged ETF volatility decay, explained with numbers
Why a 3x fund can lose money when its index is flat, with a calculator to test any scenario.
7 min readMoving-average trend following: how a trend filter works
What a moving-average rule does, what it costs in sideways markets and why it pairs with leverage.
7 min readAccredited investors and Rule 506(c): who can invest in a private fund
The income, net worth and license tests, how verification works and what the SEC is considering in 2026.
8 min readStrength follows strength.
Accredited investors can request the full trade history, the strategy memorandum and the private placement memorandum.