100 Level

Avoiding Losses

How does one avoid major losses to the portfolio? Here are the two simple Faber - Richardson rules. … [Read More...]

Grandchildren: Develop An Investment Plan

Develop Strategic Portfolio Plan Laying out an investment philosophy is another step in the process of living a disciplined life.  Take control rather than letting situations control you.  After obtaining a solid liberal arts education, branch out and educate yourself to the world of investing.  It is not as difficult as many on Wall Street would have you believe.  Read the … [Read More...]

300 Level

Portfolio Review: Bohr

Bohr Update Review time is here again for the Bohr Portfolio.  No purchases were made thus far this month as most the asset classes are in balance.  I don't plan any changes in commodities as that asset class is only out of alignment by 68 shares of GSG.  What I might do is exchange GSG (heavily oriented toward oil) and purchase DBC, an ETF with a more even distribution of … [Read More...]

Investment Articles of Interest

Two articles of interest to investors are the following. The first article was written by Geoff Considine with the title, An Important Challenge to "Stocks for the Long Run."  Jeremy Siegel is the author of the 'Long Run' book. The second article is actually a transcript of a debate between Siegel and Zvi Bodie.  This paper can be found on one of my blog sites … [Read More...]

200 Level

Euclid Portfolio Update: 14 August 2012

Several changes occurred in the Euclid Portfolio since the last review.  I reduced the allocation to small-cap value and shifted the allocation to mid-cap and small-cap blend.  As Platinum members will see, I still do not have any holdings in these two asset classes as there is insufficient cash to make those purchases. … [Read More...]

Fundamental Principles for Constructing a Portfolio

The "science" of portfolio construction requires numerous fundamental principles.  Long-term portfolios call for an orientation toward return or growth through proper diversification.  Growth needs to be tempered so as to handle times of recession, deflation, and inflation.  As described in the Harry Browne "Permanent Portfolio" one needs to prepare for the four stages of the market; prosperity, … [Read More...]

400 Level

Where Are The Best International Opportunities?

If you are not satisfied with broad international ETFs such as VEU, VEA, VWO, and EFA, but want to search for individual countries, the following Delta Factor analysis and projections might be of interest.  In the following QPP analysis I show the Delta Factor projections for a broad range of countries followed by several other ways to look at some of the specific countries that are showing … [Read More...]

Delta Factor Projections for International Countries

Based in a request from a Platinum member, here are the Delta Factor (DF) projections for the international countries I track on a regular basis.  As might be expected, since DF relies on reversion-to-the-mean principles, countries that are in trouble show up as the best opportunities over the next several years.  Investors need to perform their own research as the Delta Factor is just one … [Read More...]