Now that we are (more or less) back in business with our ranking spreadsheets I can begin to review my portfolios. I am starting with the Kahneman-Tvesky Portfolio since it is a simple portfolio with a choice of only three asset classes (plus Cash/SHY) for investment. Despite this, it uses strategy diversification in that different lookback periods/weightings are used in the two halves (Kahneman-Tversky) of the portfolio.
Since the inception of this portfolio in March 2017, performance has been as shown below:
The feature that is immediately noticeable is how closely this portfolio is matching the benchmark VTTVX Fund – and this is impressive since VTTVX has proven to be a difficult benchmark to match. The small difference is due, primarily, to the slow start (~ few days) to get fully invested.
The portfolio is presently fully invested (~equal allocations to all 3 assets) and current rankings are shown below for the Kahneman portion….
….. and for the Tversky portion…
All three assets (VTI, VEU and AGG) are currently ranked higher than SHY.
Obviously no adjustments are currently necessary in this portfolio – but I will be checking it regularly over the next ~30 days.