--- title: white paper- Math Matters description: Important math principles like compounding, avoiding large losses, variance drain, & minimizing tail risk are the drivers to successful long-term results. --- [![Swan Global Investments - Defined Risk Strategy - Hedged Equity](https://content.swanglobalinvestments.com/hs-fs/hubfs/Logo_Grey_595959_Horizontal.png?width=800&height=200&name=Logo_Grey_595959_Horizontal.png "Swan Global Investments - Defined Risk Strategy - Hedged Equity")](https://content.swanglobalinvestments.com/swanglobalinvestments.com) ### white paper # Math Matters ## Rethinking investment returns and how math impacts results **Do investors understand the math that drives successful investment returns? **   Investors often let emotions drive their decisions around investing. That's where you come in.    Helping investors understand how cold, rational math is often the key driver to long-term investing success may help them stick to the financial plans you build for them.    This white paper focuses on four core, interconnected mathematical principles that are instrumental to achieving better investment results over time: 1. The importance and power of compounding 2. The value of avoiding large losses 3. The importance of variance drain 4. The importance of a non-normal distribution of returns     ![Micah Wakefield, CAIA, Portfolio Manager, Director of Research & Product Development](https://content.swanglobalinvestments.com/hs-fs/hubfs/Swan%20Design/Headshots/image-4-1.jpg?width=150&height=171&name=image-4-1.jpg) ### Micah Wakefield, CAIA ##### Portfolio Manager, Director of Research & Product Development Micah Wakefield, CAIA® is the portfolio manager of the Swan Defined Risk Diversified Fund, LP, directs Swan Overlay programs, helps oversee underlying investments for DRS, daily risk assessment and position review. He also leads research and development of strategies and products at Swan leveraging an extensive track record in portfolio management, trading, analysis, and business management. Micah frequently contributes to the authorship of our thought leadership material. **Fill out the form to download the white paper.** # About Us A leader in hedged equity and options strategies, Swan Global Investments is an SEC-registered investment advisor providing asset management services. Since 1997, Swan Global Investments has managed the Defined Risk Strategy, a distinct hedged equity approach, helping investors to grow wealth while protecting capital. Please note that registration of the Advisor does not imply a certain level of skill or training. Swan Global Investments, LLC is affiliated with Swan Capital Management, LLC, Swan Global Management, LLC and Swan Wealth Management, LLC. [Disclosure notice and privacy policy.](http://swanglobalinvestments.com/disclosures) #### Links - [Home](http://swanglobalinvestments.com/home/) - [About Swan](http://swanglobalinvestments.com/about-swan/) - [The Defined Risk Strategy](http://swanglobalinvestments.com/defined-risk-strategy/) - [Insights](http://swanglobalinvestments.com/insights/) #### Contact Us [sales@swanglobalinvestments.com](mailto:sales@swanglobalinvestments.com) 1099 Main Ave, Suite 206 Durango, CO 81301 Copyright 2021 | Swan Global Investments