Portfolio Review - You Can't Hand the Gambling Problem Anymore

6min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

i agree with what michael kits says, that making up catastrophic possibilities for the future is not a substitute for actually looking at whether that those assumptions are reasonable given what we know about the past. And i also agree with bill bangan, who says that adding small cap value and some other things to the portfolio seems to improve your safe withdrawal rate by about half %. But we don't need to beat that dead horse any more than the thrashing michael kitus just gave it last week,. Although i'm sure it will come up again in the future. Something completely different: Our weekly portfolio reviews of the seven sample portfolios you can find at w w w dot risk parody radio dot com

In this episode we answer questions from Alexi, Vaughn, Yamini, Jamie (x2) and Adam. We discuss merger arbitrage as an asset class, the Macro-Allocation Principle applied to an accumulation portfolio, the benefits of investing in insurance companies, tail risk parity and the my favorite science paper and considerations about the lack of really old data.

And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.

Additional links:

Alexi's podcast reference: Why Merger Arb Works (aqr.com)

Alexi's correlation analysis of merger arbitrage funds: Asset Correlations (portfoliovisualizer.com)

Artemis Capital Research Page: Research & Market Views — Artemis (artemiscm.com)

Artemis Hawk and Serpent Paper: DocSend

Correlation Analysis of Insurance ETFs: Asset Correlations of KBWP (portfoliovisualizer.com)

Tail Risk Parity Paper: Tail Risk Parity (alliancebernstein.com)

More Is Different Science Paper: anderson72more_is_different.pdf (tamu.edu)

Kitces Article re 4% Rule: Can Morningstar's Withdrawal Rate Report Refute The 4% Rule? (kitces.com)