We’re living in unprecedented times indeed. Take a look: On the photo above you can find thre graphs aligned together for comparison reasons (courtesy of “sentimentader” from Twitter): 1. 𝗣𝗲𝗻𝗻𝘆 𝘀𝘁𝗼𝗰𝗸 𝘃𝗼𝗹𝘂𝗺𝗲𝘀 𝗵𝗮𝘃𝗲 𝗿𝗶𝘀𝗲𝗻 𝗼𝘃𝗲𝗿 𝟭𝟬-𝗳𝗼𝗹𝗱 vs. their long-term average 2. Total 𝗼𝗽𝘁𝗶𝗼𝗻𝘀 𝘃𝗼𝗹𝘂𝗺𝗲𝘀𝗶𝘀 𝘂𝗽 𝟮𝘅 vs. long-term average 3. $SPY 𝘃𝗼𝗹𝘂𝗺𝗲, after an initial…
𝗘𝗾𝘂𝗶𝘁𝘆 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗰𝗮𝗺𝗲 𝗯𝗮𝗰𝗸 𝗿𝗼𝗮𝗿𝗶𝗻𝗴 𝗵𝗶𝗴𝗵𝗲𝗿 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸. 𝗠𝗼𝘀𝘁 𝗶𝗻𝗱𝗶𝗰𝗲𝘀 𝗺𝗮𝗱𝗲 𝗻𝗲𝘄 𝗔𝗧𝗛. 𝗔𝘀 𝘁𝗵𝗲 $GME (GameStop Corp New) 𝗺𝗮𝗻𝗶𝗮 𝘀𝘂𝗯𝘀𝗶𝗱𝗲𝗱 𝘁𝗵𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗶𝘁𝘆 𝗰𝗮𝗺𝗲 𝗿𝗶𝗴𝗵𝘁 𝗯𝗮𝗰𝗸 𝘂𝗻𝗱𝗲𝗿 𝗰𝗼𝗻𝘁𝗿𝗼𝗹 𝗹𝗲𝗱 𝗯𝘆 𝗽𝗼𝘀𝗶𝘁𝗶𝘃𝗲 𝗲𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝘀𝘂𝗿𝗽𝗿𝗶𝘀𝗲𝘀 𝗺𝗼𝘀𝘁𝗹𝘆. The risk is on again. Save havens struggled this week with $GOLD down close to 2% and $TLT -2,3% on wider…
Here’s a quick monthly update on my portfolio: 👉 January 2021 was a corrective month for the GlobalLeadersPortfolio (GLP). The portfolio lost 2,29%. Main reason for the worse performance was the $TLT , which was down 3,1% on month due to a sell-off in long-term Treasuries (10Y yield up from 80bpsish to 100-110bps on month).…
Dear Follower&Copiers, Big things are coming ahead of us. The Global Leaders Portfolio (GLP) is now being slowly prepared for the start of a new cycle phase starting from Jan 2021. The portfolio allocations change will be a process that in my view might last between 3 to 6 months. Why a process? Because of…
A few short thoughts out of the commodity space into the start of 2021: 👉 Technicals: the Bloomberg Commodity Index (BCOM) is just breaking out upwards from a 10y+ faling formation (wedge). PLS SEE TITLE PICT. What does it tell us and what investment picture does this paint for next years? Let’s try answer is…
2020 was the inception year for GLP. We’re here at eToro for a month now with the GLP in its final form. Untill December the portfolio was run on www.GlobalAlphaSearch.com The portfolio’s inception took place on the 28th Jan 2020. Just days before the end of a 10-year bull run and what then appeared to…
Today we continue our journey through the tough matter of portfolio management. I describe and explain what is called risk on ex-ante (probabilistic) terms and describe some of its measures. We have covered the Basics in the preceeding two posts here and here. Those of you who have not yet had a chance to go…
In this post I shortly describe the November rebalancing of the SIA-style Pension Portfolio (PP). For a detailed review of the most important market developments for November 2020 please refer to my Global Leaders Portfolio (GLP) rebalancing here. The rebalance The usual monthly injection of $1k was used to purchase GLD. SPY and EEM holdings were…
In this post I explain major drivers for both the global markets and our Global Leaders Portfolio (GLP) for November 2020. Then I move on to a short reminder of how we’re going to proceed once we enter the new phase of the economic cycle once it comes and how the nature of the portfolio…
In this post I continue our series of articles about portfolio management. I go on with further, a bit more detailed continuation of the theme. I further develop the issue of Compounding, I explain Discounting, Annualisation, Continous Compounding/Discounting. In the next posts we will move on from the basics to the definitions like Risk, portfolio…
