The phrase "short segments" refers to small parts or sections of something that are not very long. It means that whatever you are talking about is broken down into smaller pieces, rather than being one long continuous thing. Full definition
The main driver of market returns over shorter segments of the market cycle is the purely psychological inclination of investors toward speculation or risk - aversion. (hussmanfunds.com)
And their teaching involvement is done in short segments with large breaks in between. (kellysdogtraining.com)
Instead, the behavior of the market over shorter segments of the cycle is driven not only by valuations but also by the preference of investors toward risk - seeking or risk - aversion. (hussmanfunds.com)