Journal to portfolio afterlife

[portfolioafterlife]

Remember: bad news grabs people’s attention. It sells. So while terrible things get highlighted everyday, there are also many great things that go unnoticed.

Morgan Housel is fond of saying: “The world breaks about once a decade.”

Life is often marketed as a series of black and white decisions. Right or wrong answer. Reality is different. Paraphrasing Annie Duke: Life is not chess; it’s poker.

Getting Punished When It's Not Your Fault - mr-stingy

When investors get punished for things beyond their control — like a war (or other macroeconomic factors). How do you deal with it?

www.mr-stingy.com

 

[portfolioafterlife]

Secrets of the Merely Wealthy Blog

The safe withdrawal rate of 4% keeps leading to more challenging questions than long-lasting answers, and new versions keep changing assumptions. Before sharing a simpler solution, I have a confession, after 26 years as an equity portfolio manager. My industry complicates too many things for...

www.freedomdaysolutions.com

 

[portfolioafterlife]

Diversify Your Friends And Financial Goals - A Teachable Moment

tonyisola.com

 

[portfolioafterlife]

Beyond DM sovereign fixed income, when the US stock-bond correlation is positive, Oil, Gold, and Energy total returns are negatively correlated with US stock returns. Figure 13 summarizes this finding: negative correlations are, however, relatively small, and hedging comes at the cost of higher volatility.

Stock-Bond Correlation, an In-Depth Look - QuantPedia

The recent surge in global inflation sent shock waves across financial markets and affected the complicated relationship between stocks and bonds. Today, we would like to present you with a review of two interesting papers, which provide both a deep and easy-to-understand examination of the...

quantpedia.com

 

[portfolioafterlife]

Below we’ve zeroed in on just gold (GLD) and diversified commodities (DBC) performance in months when the S&P 500 fell.

As previously mentioned, gold is the only major defensive asset class that’s outperformed short-term US Treasuries over the last 50+ years when the market has fallen. Along the way however, gold would have hit some very rough patches, including a drawdown of -67% in the mid-1980’s that would have taken about 34 years to recover from.

The Best Defensive Asset Class - Allocate Smartly

In this post we look at what major asset classes have proven to be the best defensive choice in months when the market has fallen over the last 50+ years. We’ll look at multiple government and corporate bond assets, diversified commodities, gold and the US dollar. The results? As expected, a...

allocatesmartly.com

 

[portfolioafterlife]

On average, the best brands portfolio outperformed the benchmarks by some 3% to 4% per year between 2000 and 2020.

Source: Boustanifar and Kang (2022).

This may not be too surprising since good brand recognition is linked to higher and more stable profit margins and more stable sales both in boom times and in a recession.

As we head into another recession in the US, Europe and the UK (at least in my view we are) investing in these brands can once again be a way to insulate a portfolio from the worst fallout that is inevitably going to hit corporate earnings.

The value of a brand

It’s been a tough year for consumer and technology companies this year.

klementoninvesting.substack.com

 

[portfolioafterlife]

Average cost of high yield bonds issued in October surges to over 11%

AMC Entertainment, for one, will have a hefty annual interest tab on its new bonds

www.axios.com

 

[portfolioafterlife]

Io sono contrario al reddito di citadinanza per come è concepito, banalmente perchè il sistema dei navigator non funziona.

Un reddito universale di base per tutti è teoricamente possibile, ma deve essere sostenibile economicamente per la collettività senza creare nuovo debito pubblico. Per i paesi del primo mondo, che stanno irreversibilmente invecchiando, un futuro iper-tecnologico e iper-robotizzato potrebbe essere la soluzione. Ma tra quanti anni?
Il reddito universale e incondizionato - Le Iene (mediaset.it)

 

[portfolioafterlife]

Se il responsabile fosse un attore statale occidentale, il danno potrebbe essere definito un atto di terrorismo, che potrebbe essere coperto da assicurazione.

L'esplosione del gasdotto lascia Nord Stream in un limbo assicurativo

Con il mistero irrisolto delle esplosioni che hanno distrutto i gasdotti sottomarini tra la Russia e la Germania, gli assicuratori e i riassicuratori di

www.assinews.it

 

[portfolioafterlife]