The purpose of the Feynman Study was to take a list of 18 diversified assets and to demonstrate how that list could be used to construct portfolios based on a number of different strategies: Passive (Buy and Hold) Strategic Asset Allocation (SAA) Strategy; Active (Buy…..Don’t Hold) Tactical Asset Allocation (Re-Balance) Strategy; “Classic” US Equity/US Bond […]
Feynman Portfolio Study: Part 9-1 Diversification, Correlation and Clusters
In this Post I introduce the concepts of Cluster Analysis to Portfolio Construction. Hierarchical Clustering is a mathematical/statistical method of analysis supported by widely accepted scientific methods. Don’t worry, I’m not going into all that technical detail – anyone who is so inclined can Google the subject on the Internet. Rather, I describe the practical […]
The Feynman Study: Part 2
The second Part of the Feynman Portfolio Study looks at the performance of a fixed (unadjusted) allocation of assets selected from the 18 candidate ETF’s defined in Part 1 of the Study. This Part of the Study starts us off where Lowell first started this Blog – looking at the benefits of diversification and “Passive” […]