Risk Parity Radio

In this episode, we answer a question from Craig, re-introduce the podcast to some of our new listeners and do our weekly portfolio review of the sample portfolios you can find at Portfolios | Risk Parity RadioHere are the two links from Brandy to the SEC filings we mentioned in answering the question from Craig:WT Emerging Markets Efficient Core Fund WT International Efficient Core Support the show

In this episode we talk about a email from listener Tommy V. about RPAR, do a little rant about FOMO investing and conduct our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosLinks:Tommy V's article about RPAR:  https://seekingalpha.com/amp/article/4408481-rpar-risk-parity-etf-diversified-holdings-unique-hedge-fund-strategy Episode 31 re RPAR:  Episode 31Ben Felix video about the ill-fated history of Chasing Hot Fund Managers:  https://youtu.be/p6HrepdLSu4Texas Sharpshooter Fallacy:  Texas sharpshooter fallacy - WikipediaClustering Illusion:  Clustering illusion - WikipediaEpisode 7 re Three Core Principles:  Core Principles EpisodeSupport the show

In this episode we complete our analysis of NTSX, the WisdomTree 90/60 U.S. Balanced Fund, using David Stein's Ten Questions to Master Investing:1.  What is it?2.  Is it an investment, a speculation, or a gamble?3.  What is the upside?4.  What is the downside?5.  Who is on the other side of the trade?6.  What is the investment vehicle?7.  What does it take to be successful?8.  Who is getting a cut?9.  How does it impact your portfolio?10.  Should you invest?Links:  WisdomTree 90/60 Balanced Fund Information Page:  NTSX - WisdomTree 90/60 U.S. Balanced FundNTSX Basic Statistics:  wisdomtree-fi-export-statistics-ntsx.pdfCorrelation Analysis of NTSX:  NTSX Asset CorrelationsBacktest Comparison of Simple NTSX-Based Risk-Parity Style Portfolio:  Backtest NTSX Portfolio Comparison Backtest Comparison of Synthetic NTSX-Based Risk Parity Style Portfolio:  Backtest Synthetic NTSX Portfolio ComparisonEpisodes 12  and 40 about gold:Episode 12Episode 40Laminar Capital ManSupport the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosSupport the show

In this episode we begin an analysis of NTSX, the WisdomTree 90/60 U.S. Balanced Fund, using David Stein's Ten Questions to Master Investing:1.  What is it?2.  Is it an investment, a speculation, or a gamble?3.  What is the upside?4.  What is the downside?5.  Who is on the other side of the trade?6.  What is the investment vehicle?7.  What does it take to be successful?8.  Who is getting a cut?9.  How does it impact your portfolio?10.  Should you invest?Links:  WisdomTree 90/60 Balanced Fund Information Page:  NTSX - WisdomTree 90/60 U.S. Balanced FundNTSX Basic Statistics:  wisdomtree-fi-export-statistics-ntsx.pdfLaminar Capital Management (Andy Cole):  Laminar Capital Management (laminarcm.com)Support the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosWe also discuss the Risk Parity Ultimate Portfolio, which was first discussed in depth in Episode 11.Link to Portfolio Visualizer Analysis:  Risk Parity Ultimate Asset Allocation Analysis Support the show

In this episode we discuss a "guest request" email I received and complete our analysis of the managed futures fund DBMF that we began in Episode 55. David Stein's Ten Questions to Master Investing:1.  What is it?2.  Is it an investment, a speculation, or a gamble?3.  What is the upside?4.  What is the downside?5.  Who is on the other side of the trade?6.  What is the investment vehicle?7.  What does it take to be successful?8.  Who is getting a cut?9.  How does it impact your portfolio?10.  Should you invest?Links:DBMF Summary Fact Sheet:  https://www.imgp.com/us/wp-content/uploads/2021/01/iM-DBi-Managed-Futures-Strategy-ETF-4Q20.pdfDBMF Semi-Annual Report:  https://www.imgp.com/us/wp-content/uploads/2020/09/IMDBIETF-Semiannual-f.pdfDBMF Prospectus:  https://www.imgp.com/us/wp-content/uploads/2021/02/im_dbi_etfs_prospectus.pdfAsset Correlation Matrix for DBMF:   https://www.portfoliovisualizer.com/asset-correlations?s=y&symbols=DBMF%2C+VTI%2C+TLT%2C+GLD%2C+PDBC&timePeriod=2&tradingDays=60&months=36Support the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosWe also consider three variations of the Golden Ratio Portfolio and compare them with the Vanguard Wellington Fund.   For more on the Golden Ratio portfolio, check out Episodes 6 and 38.Portfoliovisualizer Analysis:  https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=2&startYear=1972&firstMonth=1&endYear=2021&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&benchmark=-1&benchmarkSymbol=VWELX&portfolioNames=true&portfolioName1=Golden+Ratio&portfolioName2=SHY+Variation&portfolioName3=Emerging+Markets+Variation&asset1=TotalStockMarket&allocation1_1=42&allocation1_2=42&allocation1_3=42&asset2=LongTreasury&allocation2_1=26&allocation2_2=26&allocation2_3=26&asset3=Gold&allocation3_1=16&allocation3_2=16&allocation3_3=16&asset4=REIT&allocation4_1=10&allocation4_3=8&asset5=TreasuryBills&allocation5_1=6&asset6=ShortTreasury&allocation6_2=16&asset7=TIPS&asset8=EmergingMarket&allocation8_3=8Support the show

In today's episode we answer some questions from Jason P. about setting up a risk-parity style portfolio at M1 and then follow up on our discussion of the Dragon Portfolio (Episode 53) with part one of an analysis of Managed Futures Fund DBMF.Modified Golden Ratio Portfolio With SHY:  Portfolio Visualizer Analysis (portfoliovisualizer.com) David Stein's Ten Questions to Master Investing:1.  What is it?2.  Is it an investment, a speculation, or a gamble?3.  What is the upside?4.  What is the downside?5.  Who is on the other side of the trade?6.  What is the investment vehicle?7.  What does it take to be successful?8.  Who is getting a cut?9.  How does it impact your portfolio?10.  Should you invest?DBMF Summary Fact Sheet:  https://www.imgp.com/us/wp-content/uploads/2021/01/iM-DBi-Managed-Futures-Strategy-ETF-4Q20.pdfDBMF Semi-Annual Report:  https://www.imgp.com/us/wp-content/uploads/2020/09/IMDBIETF-Semiannual-f.pdfDBMF Prospectus:  https://www.imgp.com/us/wp-content/uploads/2021/02/im_dbi_etfs_prospectus.pdfSupport the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosWe also compare the Golden Butterfly portfolio with a David Swensen portfolio.   For more on the Golden Butterfly, check out Episodes 4, 15, 17 and 36.Links:Swensen Portfolio:  https://portfoliocharts.com/portfolio/swensen-portfolio/Comparison Analysis:  https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=1985&firstMonth=1&endYear=2021&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=true&portfolioName1=Golden+Butterfly&portfolioName2=Swenson+Individual&portfolioName3=Portfolio+3&symbol1=VTI&allocation1_1=20&allocation1_2=30&symbol2=IJS&allocation2_1=20&symbol3=TLT&allocation3_1=20&symbol4=SHY&allocation4_1=20&symbol5=GLD&allocation5_1=20&symbol6=VGTSX&allocation6_2=15&symbol7=VEIEX&allocation7_2=5&symbol8=VNQ&allocation8_2=20&symbol9=IEF&allocation9_2=15&symbol10=TIP&allocation10_2=15Support the show