Location: Minaret Vista at 9,265 ft near Mammoth Lakes, California.
Copernicus continues to be the top performing portfolio since 12/31/2021 and it requires little investing knowledge. All the investor does is save and invest in U.S. Equities. The plan is to never sell – unless there is an emergency. Rather, ride out the highs and lows of the stock market. If possible, purchase more shares when the market dips and fewer shares when the market is near a high point. This last sentence is the philosophy behind the dollar-cost-averaging principle.
Copernicus Current Holdings
Below is the recommendation worksheet extracted from the Kipling spreadsheet. Were cash available shares of VOO would be added to the Copernicus as VOO has the highest ranking (see 5th column from the right) despite a Sell recommendation. With the Copernicus we do not pay attention to the Buy, Hold, or Sell recommendations when cash is available. With the Copernicus a Sell signal is a good time to Buy.
Another option is to hold cash in SHV or the money market until one of the U.S. Equity ETFs shows up as a Buy. Then purchase shares in the highest ranked ETF. I’ve been managing the Copernicus for the owner by purchasing more shares of the highest ranked ETF when cash becomes available.
Copernicus Performance Data
Since inception the Copernicus is outperforming the SPY ETF by a significant margin. The lead on the benchmark came about from something called dollar-cost-averaging. When the equities market dipped in 2022 shares continued to be purchased during this fallow period. Those shares purchased at a lower cost per share are now paying off as the market is higher than it was at the low point of 2022.
Copernicus Risk Ratios
While September of 2023 figures are off their 13-month highs, the current risk ratios are quite strong. An increase in the risk-free interest rate is placing downward pressure on the Sortino and Jensen. However, both are currently very high values and will be difficult to maintain.
The two links below may be of added interest to investors employing passive investing. The Copernicus and Schrodinger are the two best examples followed on this blog.
Copernicus Buy & Hold Portfolio Review: 18 May 2023
Constructing a “Core” Investment Portfolio : Part 2 – Buy And Hold with Periodic Adjustments
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