Bohr is the Asset Allocation portfolio up for review this morning. As readers will see in a moment, most of the asset classes are below target and that is intentional. With the current stock market this high and so narrowly confined to a few stocks it makes good sense to be cautious. It might be a long wait before the AI stocks implode. In the meantime I will be keeping the asset classes … [Read More...]
Top Twenty-Five Classical Composers
Top Classical Music Composers When I first started to make a list of of my favorite classical composers, the idea was to limit it to the Top Ten. I found that to be impossible so I expanded it to 25. Even then, several of my favorites did not make … [Read more]
Correlation Matrix of Critical ETFs
As requested in a comment, here is the correlation matrix of critical ETFs used in nearly all the ITA portfolios. I cut the time frame to 23 months of data so VSS and VNQI did not show up with "short-term" data errors. Identical percentages were … [Read more]
Keep It Simple
Don't be surprised if you don't know the difference between a benchmark ETF and a strategic ETF. Strategic is sometimes called "Fundamental" or "Active" and they differ from the ETFs we recommend for our ITA portfolios. To read more about the … [Read more]
Buffett vs. Steadman
For every Warren Buffet there are a hundred Charlie Steadman's in the investing world. While nearly every investor has heard of Buffett, few remember Charlie Steadman. Is there a reason for this short memory? “Until he died at age 83 in 1997, … [Read more]
Serious Investors Benchmark Their Portfolio
Establishing an appropriate benchmark for a portfolio is essential if one is serious about investing. Avoiding portfolio bench-marking is an act of self-deception. Exactly what is the purpose of a benchmark and what are the requirements for a fair … [Read more]
Reviewing The Fundamentals of Investing
Search this blog site for “The Golden Rule of Investing” and you will pick up the basic ideas of Rule #1 of Investing. The Golden Rule of Investing is – “Save as much as you can as early as you can.” Burton Malkiel puts it this way. “The … [Read more]
Nine Critical Investment Decisions
Nine Critical Investment Decisions 1. The Decision to Save or Not to Save 2. The Go-It-Alone or Professional Manager Decision 3. The Decision to be a Passive, Active or Mosaic Investor 4. The Decision to Use Index Funds or Stocks to … [Read more]
Feynman Portfolio Study: Part 8
In Part 8 of the Feynman Portfolio Study, which concludes the analysis of "Momentum" Investing as a major Strategy option, I look at the question of "How Many Assets (ETFs) should I include in my Portfolio?" There is no definitive answer to this … [Read more]