n April 2022, I introduced on this blog The Italian Leather Sofa Model Portfolio. As a reminder, here is the portfolio composition: The idea behind the portfolio is stolen from here. The link offers the best Read more
The above tweet popped up on my feed by chance and…once you go down the Ole Peters rabbit hole, there’s no coming back. You start realising once again the power of ergodicity in explaining things Read more
So, Big ERN drops this post the other day and my phone immediately lights up. Three different guys send it to me within minutes of each other. And honestly? This is exactly why I write Read more
Matt Sperling used to run a monthly blog called like this and I loved it. It sounds harsher than it is, probably I should have called this post things that popped onto my radar, as Read more
I read a lot of financial Twitter (lately even football Twitter. The real one. The one played with…you guess…feet, not hands). Most of it is noise. Some of it is signal. And occasionally, you see Read more
A reader hit me up last week about something that triggered my BS detector: MSCI built a “Private Equity replicator” index, and Goldman Sachs wrapped it in an ETF, ticker GTPE. Here we go again, Read more
Almost two years ago, I wrote about why diversification isn’t a free lunch. Now, I’m watching everyone pile into gold, and I need to say something. Me that four years ago, inspired by PortfolioCharts, wrote Read more
A very kind reader sent me the link to a paper aimed to show the wonders this portfolio: The portfolio for the apocalypse 😉 Simple and systematic. While there isn’t much to say about the Read more
When I started my career, my company sent a PDF to a bank. That PDF essentially said, “This person is trustworthy.” The next day, I picked up the phone and called someone I’d never met Read more