Man AHL dropped a new paper on regime-based investing (link). Think of it as the overachiever’s version of lazy portfolios. Instead of building a portfolio that’s resilient across economic regimes—like the Permanent Portfolio—this approach tries Read more…
The CFA Institute produced a detailed report on the historical performance of the 60/40 portfolio (here the link). While the breadth of this study is not as ample as other works, think of the UBS Read more…
I want to talk to you about a crazy experiment. Years ago, an Italian blogger-now-YTer started sharing all his “financial life” in the open, to everyone. I virtually met him because of this experiment, and Read more…
Ever since I devoured “The Success Equation” on a sun-drenched beach in Malaysia, I’ve eagerly anticipated every new piece from Michael Mauboussin. There’s something about his work that push the intellect, perhaps tinged with the Read more…
I wrote the below post more than 4 years ago. And it still feels super relevant. Ok, enough with the excuses. It is a busy period and it’s been two months at least I do Read more…
As someone who runs (hahaha) a podcast, I am in awe of how the guys behind the Rational Reminder continue to find interesting topics to review after more than 300 episodes. Someone said that personal Read more…
I like David Dredge’s metaphor of a portfolio like a racing car: you do not need to reduce cruise speed when you have brakes. The 60/40 is a car moving always at the same speed, Read more…
A few weeks ago The Rational Reminder podcast did an episode on the Lifecycle Model. The episode features Ben Matthew, an economist with a PhD from the University of Chicago, who has developed a financial Read more…
Here at The Italian Leather Sofa I run a Model Portfolio, an empirical summary of all the concepts around asset allocation and diversification discussed on the blog. It is a short, and hopefully understandable, recap Read more…