Personal Finance
Your Gut Is a Terrible Quant
The idea (and the quiz) is stolen from Chris Kennedy at Bridge Alternatives. I kept it in the closet for almost a year now because I wanted to use it for a live episode of Read more
Personal Finance
The Europoor’s (H)Edge
A reader suggested a clever way to build synthetic EUR-hedged ETFs inside Testfol.io. Now that the platform supports UCITS ETFs, the methodology can finally be tested. The settings are below: Here the settings: The one Read more
Model Portfolio
Model Portfolio Quarterly Update
In 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
Personal Finance
Retail traders do it again
I finally got around to the latest Odds on Open podcast, and I’m still not sure what I expected. The premise, as I understood it, was a retail trader and a professional trader comparing the Read more
ETF
Bond Indexing
Michael Green published another one of his structural-markets essays this week. While his central argument is something I will leave you to ponder, there are some parts that are worth highlighting. “Economics often teaches us Read more
Retirement
The utility of a dollar after death is zero
The title of this piece comes from a post a reader linked in the comments. The line itself isn’t strictly true: you might have children, or grandchildren, and it is entirely possible to extract utility Read more
Portfolio construction
House Risk
A week ago, Corey Hoffstein tweeted that something strange was happening inside CTA. CTA is the Simplify managed futures ETF, and for a long time it’s been one of the best performers in its category. Read more
Personal Finance
Booooring
A few days ago I read a post from a fellow Swiss about financial independence, and I recognized myself in a lot of it. More importantly, it made me realise the FIRE movement has a Read more
Personal Finance
Global Portfolios
Everything below started with one image: Portfolio Charts posted this global allocation and it stopped me in my tracks. The allocation is just a thing of beauty. That one graphic is the reason this post Read more