Good article.. I agree with most of it, but very hard to implement .. keeping ahead of high inflation and taxes now is very tough without taking big risks . in short term valuations are useless as we saw last decade . I would like to know specifically what you have done, how it worked out the last few years …performance metrics risk adjusted welcome ..
also what you plan to do specifically looking ahead a year or so .. if you were managing our money what percent in cash, what pct in what equities ,what pct in which fixed income.? We are not agile or smart enough to make money trading.. .. we would need an advisor , thanks
The market has conditioned so many with its pattern and Fed Put that recency bias is indeed a systemic risk as pointed out by Chris Cole so change will be hard until the reset occurs. A 70's redux perhaps but what will work when an everything bubble deflates will require real nimbleness and new world view. But that's for a new generation.
Good article.. I agree with most of it, but very hard to implement .. keeping ahead of high inflation and taxes now is very tough without taking big risks . in short term valuations are useless as we saw last decade . I would like to know specifically what you have done, how it worked out the last few years …performance metrics risk adjusted welcome ..
also what you plan to do specifically looking ahead a year or so .. if you were managing our money what percent in cash, what pct in what equities ,what pct in which fixed income.? We are not agile or smart enough to make money trading.. .. we would need an advisor , thanks
The market has conditioned so many with its pattern and Fed Put that recency bias is indeed a systemic risk as pointed out by Chris Cole so change will be hard until the reset occurs. A 70's redux perhaps but what will work when an everything bubble deflates will require real nimbleness and new world view. But that's for a new generation.