Journal to portfolio afterlife

[portfolioafterlife]

Average YTD member drawdown has hit -21% for NASDAQ and Russell 2000

https://twitter.com/x/status/1489587484392628229

 

[portfolioafterlife]

Siamo all'inizio della ricossa del value? Spero di sì.

The Value Spread and the Value Premium

While stocks generally have done well over the last decade, the performance of growth stocks has been particularly strong. For investors looking for guidance about their relative prospects going forward, stock valuations may provide some insights.

www.avantisinvestors.com

 

[portfolioafterlife]

Sono un ignorante ma mi sono posto lo stesso dubbio tempo fa.

What the FANMAG stocks certainly have in common with the Nifty Fifty of yore are high relative valuations. For example, at the end of 2020, the average P/E for the FANMAG stocks was over 48. Berkin and Lakshmanan noted: “One issue for stocks with high P/E ratios is that subsequent earnings can’t just be good, they have to continue to be great. From the peak of the Nifty Fifty, their earnings still tended to surpass those of the S&P 500. But, they simply weren’t good enough to justify valuations.”

As Berkin and Lakshmanan noted, history provides us with the insight that as a company gets bigger and bigger, growth becomes harder and harder to maintain. And the historical evidence also demonstrates that those stocks with the highest growth expectations tend to lag over the long run, while value stocks tend to outperform. This is the basis for the value premium.

We're seeing a virtual repeat of the dot-com crash | TEBI

The rise and fall in tech stock prices in recent years, says Larry Swedroe, is a virtual re-run of the dot-com crash of the late 1990s.

www.evidenceinvestor.com

 

[portfolioafterlife]

Listen, all investing is a form of regret minimization. When the risky allocation of your portfolio is flying high, you’re going to regret not owning more of it. And when the risky allocation of your portfolio is getting killed, you’re going to regret now owning more cash and bonds.

Successful investing requires an understanding that there are always going to be trade-offs for every decision you make.

The Difference Between a Portfolio and a Plan - A Wealth of Common Sense

Should you trim back your crypto gains or let them run?

awealthofcommonsense.com

 

[portfolioafterlife]

L'avevo già letto da qualche parte, Fidelity fa crypto mining dal 2014.

The company began mining cryptocurrency in 2014 and has accumulated bitcoin since. Fidelity launched its crypto execution services and custody platform for institutions in 2017 and onboarded its first clients the following year.

Fidelity Exec: ‘Fairly Long Tail’ of Institutions Driving Mainstream Crypto Adoption

Fidelity, the fund group already working to get spot bitcoin, metaverse and crypto industry ETFs approved in US

blockworks.co

 

[portfolioafterlife]

Rispetto al 2021, sembra esserci una differenza, perché nonostante il calo del prezzo del bitcoin il numero di wallets complessivo sta aumentando. Attenzione però che c'è un altro fattore in gioco, le whales, che sono holders di lungo periodo, un po' alla volta scaricano alcune frazioni delle posizioni in forte gain sui retail.

The current upwards trajectory of non-zero wallet counts appears to be largely unaffected by the last three months of depressed prices, sporting similarities to the mini-bear of 2019, and hitting a new ATH of 40.16M addresses.

Levered Shorts vs Spot Demand

Bitcoin enters its 82nd day of the prevailing drawdown, as derivatives traders bet on further downside. Meanwhile, on-chain demand models suggest a more bullish undertone is in play.

insights.glassnode.com

 

[portfolioafterlife]

Nella vita dobbiamo bilanciare quattro quadranti fondamentali: le relazioni interpersonali, il denaro, la salute, il "sense of purpose".
Le esperienze vissute, che diventano ricordi, valgono di più del possesso di cose materiali.
Il denaro speso per costruire buoni ricordi e nuove esperienze è denaro ben speso.
Bellissima domanda: se devi fare un acquisto, lo compreresti lo stesso se nessun altro lo potesse vedere o ne potesse venire a conoscenza (es. istagram)?
Il tempo è elestico, lo posso confermare sulla base della mia esperienza: un anno di vita quando si è ragazzi sembra molto più lungo di quando si diventa adulti.
Interessante l'esempio dell'auto tipo che guidano giornalmente i milionari.
La routine del gratitude journaling ho letto da più fonti che può migliorare la propria esistenza.

Gratitude Journal: 66 Templates & Ideas for Daily Journaling

Gratitude journals are well-researched positive psychology interventions.

positivepsychology.com

Le persone alla fine della propria vita hanno dei rimpianti che non solo legati alle cose materiali ma alle relazioni con le persone/vita.

Top five regrets of the dying

A palliative nurse has recorded the most common regrets of the dying. What would your biggest regret be if this was your last day of life?

www.theguardian.com

I consigli che vengono dati su come selezionare un consulente finanziario sono eccezionali, ma in Italia se ne trovano ben pochi che soddisferebbero quei requisiti.

 

[portfolioafterlife]

Ci sarà un effetto spot crypto legato al Super Bowl ?

The Super Bowl is now being called 'Crypto Bowl' as upstart finance firms spend millions on T.V. ads

Binance, the world's biggest crypto exchange, didn't buy a Super Bowl ad. But it had a few words for its rivals that did.

fortune.com

 

[portfolioafterlife]

The 60/40 split portfolio between equities and bonds is a classic standard of long-term investing, but last month it had its worst slide since the start of the pandemic in March 2020, reports Bloomberg.

60/40 Portfolio Has Worst Loss Since March 2020 – Validea's Guru Investor Blog

The 60/40 split portfolio between equities and bonds is a classic standard of long-term investing, but last month it had its worst slide since the start of the pandemic in March 2020, reports Bloomberg. As markets factored in a faster schedule of raising interest rates, both bonds and equities...

blog.validea.com

 

[portfolioafterlife]

IHS Markit pubblica il Daily Global Market Summary.

Sharing insights elevates their impact

Financial Services Research and Analysis | S&P Global

ihsmarkit.com