Upcoming Travel: Kansas, Australia, Spain, & Lithuania…

July Las Vegas Denver Kansas August Australia (Melbourne) September Spain Lithuania (And somewhere in Europe for the week in the middle of these two countries, unsure for now, but open to ideas! Shoot me a message if you would like to setup a meeting.  ) November Seattle   Also, Omaha at some point but may be getting rescheduled.

Would You Rather Own The Unicorns, or Facebook?

Back in 2000 I was a biomedical engineering student at Virginia (who happens to be in the College baseball World Series, go Hoos!).  I was in love with genetics and all things biotech, but also spent plenty of time reading annual reports and buying and selling (often shorting) stocks.  One of the classes I enrolled in outside of engineering (if you...

Three-Way Model

My readers know I am a trendfollower at heart.  I originally sent this to The Idea Farm but received so many questions I figured I would post here too.  This study was completed by Ned Davis Research, and could not be more simple.  (Similar in theory to our old QTAA paper from 2007, as well as systems by Cambria,...

Should A Robot Be Managing CalPERS Portfolio?

I think we are in the midst of a profound change in the way real money institutions invest.  It is becoming increasingly clear that many real money institutions (pensions, endowments, etc)  don't offer a heck of a lot of alpha or value add to their investment process.  The top Harvard and Yale's potentially do, but even some call that...

CHAPTER 12 – IMPLEMENTATION (ETFS, FEES, TAXES, ADVISORS)

This excerpt is from the book Global Asset Allocation now available on Amazon as an eBook.   If you promise to write a review, go here and I’ll send you a free copy. ---- “You can’t control the market, but you can control what you pay.  You have to try to get yourself on automatic pilot so your emotions don’t kill...

CHAPTER 11 – COMPARISON OF THE STRATEGIES

This excerpt is from the book Global Asset Allocation now available on Amazon as an eBook.   If you promise to write a review, go here and I’ll send you a free copy. ---- “I believe in the discipline of mastering the best that other people have ever figured out.  I don’t believe in just sitting there and trying to dream...

CHAPTER 10 – THE WARREN BUFFETT PORTFOLIO

This excerpt is from the book Global Asset Allocation now available on Amazon as an eBook.   If you promise to write a review, go here and I’ll send you a free copy. ---- Warren Buffett mentioned asset allocation instructions for his trust in his 2013 shareholder letter: “What I advise here is essentially identical to certain instructions I’ve laid out in...

CHAPTER 9 – THE ENDOWMENT PORTFOLIO: SWENSEN, EL-ERIAN, AND IVY

This excerpt is from the book Global Asset Allocation now available on Amazon as an eBook.   If you promise to write a review, go here and I’ll send you a free copy. ---- “Because for any given level of return, if you diversify, you can generate that return with a lower risk; or for any given level of risk, if...