Finally, the day has arrived. With slightly less fanfare (and universal interest) than the Jake Paul—Mike Tyson fight, WisdomTree launched the Global Efficient Core UCITS ETF, aka NTSG. As per the title, NTSG is the Global version of NTSX, WisdomTree 90/60 ETF with exposure to US assets only. If you 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 to what I think is the most common question related to it, i.e. Read more…
In April last year, I introduced 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 to what I think is the most common question related to it, i.e. why the Read more…
In April this year, I introduced The Italian Leather Sofa model portfolio. As a reminder, here is the portfolio composition: 60% stocks (via NTSX) 40% bonds (via NTSX) 20% trend (via DBMF) 10% commodities trend (via COM) 4% Tail risk (via TAIL) -34% cash The idea behind the portfolio is Read more…
In April this year, I introduced The Italian Leather Sofa model portfolio. As a reminder, here is the portfolio composition: 60% stocks (via NTSX) 40% bonds (via NTSX) 20% trend (via DBMF) 10% commodities trend (via COM) 4% Tail risk (via TAIL) -34% cash The idea behind the portfolio is Read more…
The typical dose of daily financial news is something like “Stock XYZ did this today”; if we are lucky, is something more general like “Stocks went up/down” or, more likely these days, “Bonds did this and that”. For the average investor, there is little value in that information. Their holdings Read more…
Last week, the @WifeyAlpha account appeared on my timeline: for once, Twitter algo did the right thing. Not only did Twitter put the account in front of me, it chose one of the best Tweet I read in a long time: 15 tactical asset allocation models? Is it Christmas yet?!? Read more…
This is my third post about leverage, you can find the first introduction here and a second, practical implementation, here. In particular, I want to comment this recent paper from JPMorgan that I found really interesting (spoiler alert: I agree with them). I will try to ‘translate’ the paper for Read more…