Bohr Portfolio Update: 10 June 2026

Another Forgotten Tractor

When a portfolio is not performing up to expectations one makes changes.  Such is the case with the Bohr portfolio.  I am in the process of making changes in this portfolio for two reasons.

• Performance is below expectations.
• Asset Allocations are in flux in anticipation of a major market correction in the near future.

I began making changes about six weeks ago and there are minor signals the changes are helping as readers will see in the final screenshot.  The changes I am making within the Bohr is to reduce exposure to equities.  Shifting to lower volatile ETFs and to focus more on generating income.

Bohr Asset Allocations

Below are the current asset classes for the Bohr.  As you can see in the right-hand column, all asset classes are below target with exception of short-term treasuries (SCHO).  Based on the Shiller P/E ratio and the Buffett Indicator, the U.S. Equities market is far overvalued or overbought.  To protect capital I am holding a large percentage (47%) of the portfolio in treasuries.  Limit orders are in place and a few ETFs will pick off shares should the market correct.

Bohr Rebalancing Recommendations

The sixth (6th) column from the right shows the number of shares to purchase in an effort to bring the different asset classes closer to the target percentage.  I have numerous limit orders in place, but am in no hurry to build up assets such as VTI.  I am almost positive better buying opportunities will show up within the next 12 to 18 months.  I could be wrong as AI might impact the stock market in ways I am not able to understand at this point.  However, the current investments in AI are not producing sufficient earnings to justify the high prices for the large mega-cap tech stocks.

Another unknown is the impact SpaceX will have on the market this coming Friday.  I expect high volatility – but not knowing in what direction the market will move.  From what I have been reading, the opening price of $135/share is not justified.

Bohr Performance Data

Since 12/31/2021 the Bohr has been a poor performer as it lags AOR as well as other potential benchmarks by a wide margin.  This poor performance is a major reason for making changes in the asset allocation makeup.

Bohr Risk Ratios

While the IRR is disappointing, we see a glimmer of hope for the Bohr when examining the Risk Ratios.  The Sortino Ratio is showing growth over this past year.  The slope of the Jensen is positive and the current level of -3.72 is above where it was a year ago.

While the Information Ratio is worse off than it was a year ago, it is higher than the low from this past March and it is a tad higher than the May value.

Comments are always welcome.