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Bach’s St. John Passion

April 20, 2014 By Lowell Herr

  While Bach is well known for his St. Matthew Passion music, in some ways I prefer his St. John Passion compositions so here is my recommendation for the week.  I usually include a review from Amazon as most reviewers have a better knowledge of music than I do. “I resisted buying and then listening […]

Filed Under: Music Tagged With: Music

Seven Last Words of Christ: Theodore Dubois

April 18, 2014 By Lowell Herr

Of the two recordings I have of “The Seven Last Words of Christ,” one by Dubois and one by Haydn, the composition by Dubois is by far my favorite.  The purity of “Christ We Do All Adore Thee” is well worth the price of this CD.  The accompaniment is organ and I would prefer a […]

Filed Under: Music Tagged With: Classical Music

Charles Ellis: Loser’s Game of Stock Picking

April 16, 2014 By Lowell Herr

Let’s revisit Charles D. Ellis’ 1995 paper, “The Loser’s Game,” where he describes his Break-Even Return (BER) equation. Here is a review of this equation. BER = [(Turnover percentage x Transaction Cost) + Management Fee + Target Return]/Market Return It is quite easy to set up this equation in an Excel spreadsheet and play around […]

Filed Under: Critical Material

ITARR: How To Reduce Losses

April 15, 2014 By Lowell Herr

Zion National Park On page 167 of Mebane T. Faber and Eric W. Richardson’s book, “The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets” we read, “Our research has shown that returns are lower and volatility is higher when asset classes are below the 10-month moving average.”  What investor is […]

Filed Under: Risk Management Tagged With: Risk Management

Portfolio Requirements: Basic Ideas For Construction

April 14, 2014 By Lowell Herr

Basic portfolio construction requires that long-term goals include diversification, a risk reduction model, and equity orientation.  Here is how I outline the thinking process when putting together a portfolio of securities. Think diversification through asset allocation.  Each asset class included in the Strategic Asset Allocation (SAA) plan should hold a target percentage that makes it […]

Filed Under: Beginning Investors, Critical Material Tagged With: Beginning Ideas, Portfolio Construction

William Bernstein’s Latest E-Book: Getting Rich Slowly

April 7, 2014 By Lowell Herr

William Bernstein’s latest e-Book, If You Can: How Millennials Can Get Rich Slowly, is all about regularly investing equal amounts of money using three mutual funds.  Those funds are:  U.S. Total Stock Market, International Total Stock Market, and U.S. Bond Market.  Save 15% of your salary each month, and that is about it.  Bernstein’s recommendations […]

Filed Under: Books Tagged With: Books

Chopin: 24 Preludes

March 30, 2014 By Lowell Herr

There are many Chopin: 24 Preludes to choose from.  Gregory Sokolov is the artist in this particular and most of the cuts I rate as five stars.  Hence my music recommendation for this week.  The following review by Scott Morrison mirrors my reaction to this recording. “Grigory Sokolov is a pianist who just recently ventured […]

Filed Under: Music Tagged With: Classical Music

The Bells of St. Genevieve and Other Baroque Delights

March 16, 2014 By Lowell Herr

The Bells of St. Genevieve and Other Baroque Delights is my classical music recording for the week.  Downloading the MP3 version seems to be the only way to capture this music, but it is worth it.  Below is a positive review from an Amazon reader.  Based on the way I frequently listen to music (one […]

Filed Under: Music Tagged With: Classical Music

Beginner Advice: Getting Started With Portfolio Construction

March 15, 2014 By Lowell Herr

Several days* ago a friend wrote and asked about setting up a portfolio where $500 would be deposited every month.  What advice would I pass on to such an investor?  The first bit of advice is to read all the Beginning Investor and Critical Information posts. These can be found under Categories in the right-hand […]

Filed Under: Beginning Investors, ITA Portfolios, Portfolio Construction, Portfolio Management, Portfolio Performance Tagged With: Beginning Investors, Portfolio Construction

Useful Website: Transparent Investing

March 10, 2014 By Lowell Herr

Last evening I was made aware of a useful and interesting website titled, Transparent Investing.  Even if you lose track of this blog you will be able to find this site by going to the ITA Blog tab, and then scrolling down to Bookmarks.  There you will find the link to the Transparent Investing (TI) […]

Filed Under: Beginning Investors, Critical Material Tagged With: Beginning Investors, Critical Material

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