Up just under half a percent for the week. Slow and steady gains. I’m going to jinx everything now: the portfolio is nearing the all time high set back in late February. From a monthly perspective, it’s already in place to set a new high next week. The strategy is lightening up further on cash,…
Month: April 2020
How Big is Your Drawdown?
The S&P 500 just experienced a 20% peak to trough drawdown in rapid fashion. It’s the third fastest pullback from an all time high in history, lagging only behind 1929 and 1987. What a minute. That’s wrong? It was much more than 20%. And many, many people have written about how this the the fastest…
Portfolio on 4.17.20
Up one percent for the week. Still gaining solidly each week. Not as strongly the market itself, but the strategy isn’t sitting out the rally either. A reader mentioned that I should chart the allocations of the strategy since I started publishing it every week. I agree. So here is a chart of the performance…
Portfolio on 4.9.20
In this malaise of working from home, I totally forgot markets were closed on Good Friday, and did not rebalance on Thursday. I’m going to have to rebalance on Monday. The strategy gained 2% for the week. A great week under normal conditions. Geometric Balancing aims to make every week feel like a normal conditions,…
Geometric Shorts
Over the last month, very few assets have provided any return. Many strategies that weathered the downturn well included some type of short selling program. I don’t sell assets short, so I’ve leaned on other methods for survival. But if short selling helps a portfolio during bear markets, why don’t I short? Well simply put,…
Portfolio on 4.3.20
Nearly a flat week, down a tenth of a percent. Still barely holding onto gains for the year. Volatility is falling. Correlations seem to be acting more normal, more negative again. The portfolio is moving back into “risky” assets. While asset volatility did fall, the portfolio reacted more to the assets beginning to show negative…