One of the finest perks of creating this blog has been conversing with people from all over the world. I’m an American, but about half of my readers are not. People from eighty nine different countries have read this blog. And lots of readers from those countries have reached out through email or on twitter.…
Category: Uncategorized
Rebalancing Frequency Affects Portfolio Construction
An interesting question which seems unresolved in the investment world: Does investment time horizon affect portfolio construction? If you have longer to invest should you favor riskier assets? This is essentially the time diversification debate, and it’s a complicated one. Too complicated to get deeply into now. But the question of if investment time affects…
Spewing Shrapnel on a Podcast
There was a time when I devoured investing podcasts. One of my early favorites came from Meb Faber’s interview with Adam Butler, Rodrigo Gordillo, and Michael Philbrick of ReSolve Asset Management. At the time, I was looking for investment managers who held similar investing views to my own. Stock picking still seemed most common. Focusing…
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…
Welcome
What is the best investment strategy ever created? Everyone dreams of the perfect portfolio – high returns with low risk of loss. Most believe this strategy either doesn’t exist or is only available through exclusive hedge funds with high fees. But I’ve created a strategy that is very simple to execute and outperforms most hedge…