The Hawking Portfolio is a portfolio of Funds with diversification through “growth” objectives and “income” objectives. Let’s check on recent performance: where we see a relatively smooth equity curve with the portfolio nicely outperforming its VTTVX benchmark.  So, let’s first check on the “growth” portion of the portfolio whose quiver is made up from 40 […]

The Hawking Portfolio is by far the most difficult portfolio to manage since it involves an assessment of over 200 assets narrowed down to a short list of ~80 assets comprising both Exchange Traded Funds (ETFs) and Closed End Funds (CEFs).  The ETF portion of the portfolio looks primarily for growth while the CEF portion […]

Arches National Park, Utah – with Storm Approaching. The Hawking Portfolio is the most complex/diverse of the portfolios that I manage for this blog. As with other portfolios I use strategy diversification, in addition to asset diversification, to reduce risk and the portfolio is split into two (equal dollar weighted) portions. The first portion uses […]

Oldest House in the USA (circa 1646) – Santa Fe, New Mexico The Hawking is another 2-portion portfolio with diversification being achieved by using totally different systems for each portion rather than using the same system with different parameters for each portion (as for the Kahneman-Tversky portfolio). Performance to date, since inception (19 December, 2017), […]

Since I am presently still “on-the-road” this will be a quick review of the Hawking Portfolio without the IAM analysis for the “income” portion of the portfolio. This month’s picture of the portfolio performance looks like this: The “income” portion of the portfolio (green line) has done particularly well over the past couple of months […]