ITA Wealth Management is all about learning to manage your own portfolio instead of hiring a professional money manager. Here is added evidence that consultants and advisors are not adding alpha to some of the most recognized portfolios in the land. Check out this PDF file, “The Futility of the Endowment Model.” There several salient […]
Archives for October 2013
Feynman Portfolio Study: Part 9-1 Diversification, Correlation and Clusters
In this Post I introduce the concepts of Cluster Analysis to Portfolio Construction. Hierarchical Clustering is a mathematical/statistical method of analysis supported by widely accepted scientific methods. Don’t worry, I’m not going into all that technical detail – anyone who is so inclined can Google the subject on the Internet. Rather, I describe the practical […]
Great Operatic Choruses
If you enjoy majestic choral work conducted by Robert Shaw, this CD is for you. Grand and Glorious: Great Operatic Choruses is one fine collection. I am partial to the Pilgrim’s Chorus, Chorus of Hebrew Slaves, Prisoner’s Chorus, and the selection from Carmen. Here is one positive review from an Amazon listener. “I’m not a […]