Up nearly nine tenths of a percent for the week. Could we have asked for a better December? On December 27th, 2019, the portfolio rebalanced to : 68% SPY , 20% TLT , 12% GLD
Month: December 2019
Portfolio on 12.20.19
I thought we might get some changes earlier this week, but everything returned to where it started. Gains were nearly identical to last week too, up nearly three quarters of a percent for the week. On December 20th, 2019, the portfolio stayed at: 60% SPY , 20% TLT , 20% GLD
Portfolio Blitzkrieg
With no fear of the future and full trust in my model, Geometric Balancing can theoretically achieve eyepopping returns. A backtest with “extreme leverage” produces 56% annual arithmetic average return. To do so, you would have to fully push the strategy with no safety factors, averaging 5x leverage, and driving up to 12x at times. While…
Portfolio on 12.13.19
Up three quarters of a percent for the week. We continue a long stretch of not much really happening, slowly making money with far less volatility than any of the individual assets. On December 13th, 2019, the portfolio rebalanced to: 60% SPY , 20% TLT , 20% GLD
Portfolio on 12.6.19
Down about 0.15% for the week. Bond volatility is still fairly high. Stocks vol increased, but not by a huge amount. On December 6th, 2019, the portfolio stayed the same at: 64% SPY , 16% TLT , 20% GLD
Geometric Balancing, With Leverage
Leverage is a double-edged sword, but one I’ve grown to appreciate over the last few years. If you’re not careful, it will destroy you. However I’m not sure it’s possible to create world class, spectacular, returns without it. Used wisely, leverage actually increases the risk adjusted returns of a portfolio. Leveraged Geometric Balancing uses a…