Quite a good week. Up about 1.7%. I’m pretty shocked by the portfolio rebalance today. I didn’t expect to drop bonds entirely any time soon. The portfolio is also right on the cusp of bringing in cash, which is strange. Furthermore, we’re looking at a very large change from week to week in holdings. Unlike…
Month: June 2019
Klay Thompson From Downtown: Why I’m Skeptical of Momentum, and You Should Be Too
Momentum investing might be a fraud. I’m positive pieces of it are. Momentum studies actually display evidence of a random market, evidence which some very very smart people use to disprove the efficient market theory. Sadly, they didn’t truly understand randomness. Open up your mind for this one, it’s going to get deep and very weird.
Portfolio on 6.14.19
An average week this week. Up about 0.2%. Nothing special, but the market was pretty calm in general. Very little change in the overall portfolio as well. On June 14th, 2019, the portfolio rebalanced to: 52% SPY , 32% TLT , 16% GLD
My Current Portfolio
The stock market is fractal, and thankfully geometric balancing is too. My preferred version of the strategy focuses on daily returns. It doesn’t necessary trade daily, but it watches daily returns and applies the concepts discussed so far (and many others to come later) to optimize the long term return. I’ve found similar, albeit a…