Risk Parity Radio

It's that time again!  This month's rant is dedicated to the memory of George Santayana, who said:  "Those who do not remember the past are condemned to repeat it."We also begin a discussion of  Chris Cole's "Dragon Portfolio." Links:"Hawk And Serpent" Paper from Artemis Capital:  https://artemiscm.docsend.com/view/taygkbnInterview of Chris Cole About the Dragon Portfolio:  https://youtu.be/SkfgEZtJ9LASupport the show

This is our weekly portfolio review of the sample portfolios you can find at: https://www.riskparityradio.com/portfoliosSince it is also the end of the month, we discuss distributions for the sample portfolios as well.We also tackle a listener question about constructing a risk-parity style portfolio with a limited set of options.To hear more about the Macro-Allocation Principle, listen to Episodes 7 and 37.Support the show

In this episode we answer a question from Luke S. about the accumulation phase and one from Matt R. about the Experimental Portfolios.Links:Portfolio Charts Analyzer Tool:  https://portfoliocharts.com/portfolio/my-portfolio/Note that we used a 25% savings rate when we ran our calculations.The Fortress of Solitude Movie Clip (explicit):  https://www.youtube.com/watch?v=rJjKP8vYjpQSample Portfolios Page:  Portfolios | Risk Parity RadioSupport the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosSorry it's just a short one!Support the show

Today we tackle two questions.  Chris wants to drawdown an inherited IRA.  Tommy wants to know about the use of correlations in Risk Parity analyses.Links:RPAR Managers Interview:  https://youtu.be/vCiPDIB6TWgBridgewater Strategy Paper (see page 8 for quadrant map):  http://sdcera.granicus.com/MetaViewer.php?view_id=4&clip_id=75&meta_id=9141Explanation of the Bias-Variance Tradeoff:  https://elitedatascience.com/bias-variance-tradeoffSupport the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosAdditional Links:Portfolio Visualizer Analysis of the Original and Accelerated Permanent Portfolios:  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=5&absoluteDeviation=7.5&relativeDeviation=0.0&showYield=false&reinvestDividends=true&benchmark=VFINX&benchmarkSymbol=VTI&portfolioNames=true&portfolioName1=Accelerated+Permanent+Portfolio&portfolioName2=Permanent+Portfolio&portfolioName3=Portfolio+3&symbol1=UPRO&allocation1_1=25&symbol2=TMF&allocation2_1=27.5&symbol3=PFF&allocation3_1=25&symbol4=GLD&allocation4_1=22.5&allocation4_2=25&symbol5=IJS&symbol6=IEF&symbol7=SHY&allocation7_2=25&symbol8=VTI&allocation8_2=25&symbol9=TLT&allocation9_2=25Optimized Portfolios Site:   https://www.optimizedportfolio.com/category/leverage/Support the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosWe also compare the All Seasons Portfolio with a Global Market Portfolio.Links:Global Market Portfolio Description:  https://portfoliocharts.com/2021/01/05/own-the-financial-field-with-the-global-market-portfolio/Portfolio Visualizer Comparison Analysis:  https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=2&startYear=1972&firstMonth=1&endYear=2020&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&portfolioNames=true&portfolioName1=Global+Market+Portfolio&portfolioName2=All+Seasons+Portfolio&portfolioName3=Portfolio+3&asset1=TotalStockMarket&allocation1_1=23&allocation1_2=30&asset2=IntlDeveloped&allocation2_1=22&asset3=EmergingMarket&allocation3_1=5&asset4=GlobalBondHedged&allocation4_1=44&asset5=REIT&allocation5_1=4&asset6=Gold&allocation6_1=2&allocation6_2=15&asset7=LongTreasury&allocation7_2=40&asset8=IntermediateTreasury&allocation8_2=15&asset9=CommoditiesBond Correlation Matrix:  https://tinyurl.com/y4x3jynuSupport the show

In this episode we answer a question from listener Brett about the Aptus Defined Risk ETF and use David Stein's Ten Questions to Master Investing to analyze it, which are: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?Additional Links:Referenced Insurance Policy Illustration:   https://photos.app.goo.gl/Bjf6u7Vyy8HZz4VF6DRSK Fact Sheet:  https://aptusetfs.com/wp-content/uploads/2021/01/DRSK-Fact-Sheet-Jan-2021.pdfDRSK Strategy Paper:  https://aptusetfs.com/wp-content/uploads/2020/09/Part-1-Sporadic-Asymmetry.pdfDRSK Semi-Annual Report:  https://aptusetfs.com/wp-content/uploads/2020/12/Aptus-10.31.20-Semi-Annual-Report-Web-Ready-Version-Public.pdfDRSK Correlation Matrix:  https://www.portfoliovisualizer.com/asset-correlations?s=y&symbols=DRSK%2C+VTI%2C+VUG%2C+VIOV%2C+TLT%2C+GLD%2C+VNQ%2C+PFF&timePeriod=2&tradingDays=60&months=36RPR Episode With Big ERN's Option Writing Strategy and Links:  RPR Episode 40Support the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosWe also discuss the distributions for the month of January and the last six months of distributions.Support the show

In today's listener-inspired show, we analyze our sample portfolios and listener Mark B's Golden Six portfolio in the ten-year hedge fund challenge that Warren Buffett issued in 2008.Links:The Investors Podcast #328 with RPAR Managers:  https://www.theinvestorspodcast.com/episodes/tip328-balanced-portfolio-allocation-with-damien-bisserier-alex-shahidi/Optimized Portfolios Lazy Portfolio Analyses:  https://www.optimizedportfolio.com/lazy-portfolios/Analysis of Golden Butterfly, Golden Ratio and Golden Six:  https://tinyurl.com/y9a33xq5Analysis of Risk Parity Ultimate and All Seasons:  https://tinyurl.com/yaj8qfesAnalysis of Accelerated Permanent Portfolio and Aggressive Fifty-Fifty:  https://tinyurl.com/y9q68qpkSupport the show