Whiplash…again? Horrible December, great January, and now back to dismal. Only one asset up for the month (DBMF!) led to bad performances across the spectrum. Best: Classic 60/40, worst: the bond heavy Qian portfolio. RPC Stability remains stabilized in first place overall.
Near the one year blog-iversary and now stepping back. Portfolio reviews will continue, but otherwise, an end to writing for a little while, maybe a long while. We'll see. With some words of appreciation to all those who have read, emailed and helped out with this quirky passion project of mine.
Finally now wrapping up the mini-series on capital efficiency, this time by passing along a few resources that I have found helpful in my investigation. Kind of a Noah’s Ark of resources: two new whitepapers, two links to papers I have already reviewed, two helpful videos, and two websites.
All this talk of Capital Efficient ETFs has led me to create a new test portfolio: the Capital Efficient Golden Butterfly (CEGB). It’s 40% NTSX, 25% GDE and 35% RSBT, profitable but still diversified, with 75% in additional leverage. Backtests are awesome - can’t wait to watch its progress!
Mailbag Q&A on Risk Parity Radio episode 242 from friend of the blog Alexi inadvertently presents me with a challenge: produce a simple guide to using the Fund Factor Regression tool on our beloved Portfolio Visualizer. Challenge accepted!… Here’s my 14 minute explainer.
