The Rational Reminder recently released another episode on leveraged ETFs. I didn’t want to listen (and do not care to link it :)). They had done one not long ago, and I was fairly sure I wouldn’t care for the Read more
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 our podcast. I came to Read more
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 thing to remember is to Read more
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 explanation of what I think Read more
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 pros and cons of their Read more
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 to think of markets as Read more
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 from money even after you’re Read more
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. That tweet sent me back Read more
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 branding problem. FIRE — Financial Read more
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 exists, but it’s really an Read more