The podcast discusses the new Asset Camp tool for forecasting in portfolio decision-making, the decision to leverage up or increase stock allocation in investment portfolios, and transitioning to a golden ratio style portfolio. They also address the recent performance of long-term treasury bonds as a diversification option against equities.

In this episode we answer emails from Jimmy, John and MyContactInfo.  We discuss the foibles of trying to make investment decisions based on news, politics or macro-economic events, Joel Greenblatt's investment methodologies re value-weighting from 2010 and where there are today, and learn some more from Professor Aswath Damodaran about why you cannot use market valuation metrics and P/E ratios as a basis for decision-making in investing.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:Truflation -- Realtime Inflation Data:  Independent, economic & financial data in real time on-chain (truflation.com) Daniela Di Martino Video re Jay Powell and Truflation:  Ted Oakley and DiMartino Booth on Fed policy, employment implications, and debt implications - YouTubeHugh Hendry and Jim Bianco debating Interest Rates and Inflation:  Macro Musings with Jim Bianco (preview) - YouTubeValue-Weighted Indexing Site (circa 2011):  Value Weighted Index – A New Approach to Long-Term InvestingGotham Funds (Greenblatt Managed):  Home Page : Gotham (gothamfunds.com)Portfolio Visualizer Backtest of GVALX:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)Professor Damodaran's Latest And Greatest:  Musings on Markets: The Price of Risk: With Equity Risk Premiums, Caveat Emptor! (aswathdamodaran.blogspot.com)Support the show

They discuss the impact of personality traits on successful investing, including the Big Five Personality Test. They also analyze a retirement portfolio that incorporates a managed futures fund. The podcast explores the historical performance of the British stock market and explores the impact of technology on society and country dominance.

In this episode we answer emails from Kevin, Philip and Brown.  We discuss (and thank) our generous listeners, our three principles -- Simplicity,  Macro-allocation and Holy Grail -- and why they need to work together, using conservative portfolios for accumulation, investing in international funds in a sensible manner to maximize diversification and international currency risks, investing in utilities funds (listen also Episode 27) and property & casualty insurance companies.  Whew!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:Father McKenna Center Main Donation Page:  Donate - Father McKenna CenterWalk4McKenna:  Walk4McKenna - Father McKenna CenterHoly Grail Principle Video:  Ray Dalio breaks down his "Holy Grail" - YouTubePortfolio Visualizer Backtest of Utilities vs. REITs vs. P&C Insurance:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)Support the show

In this episode we answer emails from Jeff, Micah and Chris.  We discuss some data anomalies of Portfolio Visualizer pertaining to REITs, how to interpret and use Monte Carlo simulations, a more aggressive variation of the Golden Butterfly portfolio (similar to the Weird Portfolio) and the recent performance of the Golden Butterfly portfolio itself.Links:Portfolio Visualizer REIT Data:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Micah's Alaskan Golden Butterfly Portfolio:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)The Weird Portfolio:  Weird Portfolio – Portfolio ChartsPortfolio Charts Risk-Return Comparison Analyzer of Your Portfolio vs. 19 Others:  RISK AND RETURN – Portfolio ChartsSupport the show

In this episode we answer an email from Judy.  We discuss a 2013 Michael Kitces article about risk parity, which aspects we have incorporated and which we have not (and why), and then talk about an interview of William Bernstein about his new book and some related thoughts and ramifications about bonds, crystal balls, annuities and other things.  (Note:  I think I said it was the 4th edition, but its really just the 2d.)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:2013 Michael Kitces Risk Parity Article:  Microsoft Word - Kitces Report November-December 2013 - RISK PARITY - FINALMorningstar Long View Interview of William Bernstein:  Bill Bernstein: Revisiting The Four Pillars of Investing | MorningstarMorningstar Long View Interview of Aswath Damodaran:  Aswath Damodaran: A Valuation Expert’s Take on Inflation, Stock Buybacks, ESG, and More | MorningstarFactor Investing Book:  Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today by Andrew L Berkin | GoodreadsSupport the show

In this episode we open up Season Four by answering emails from Pete, Arnold and Igor.  We discuss Pete's slightly levered Golden Ratio type portfolio, TJUL and buffered funds generally and a Portfolio Visualizer anomaly.   It's Shplendid!Links:Optimized Portfolio Article re UPRO and other leveraged ETFs:  The 9 Best Leveraged ETFs To Enhance Portfolio Exposure (2023) (optimizedportfolio.com)EDV and ZROX Comparison:  ZROZ vs. EDV ETF Comparison Analysis | etf.comPerfect Portfolio Book:  In Pursuit of the Perfect Portfolio: The Stories, Voices, and Key Insights of the Pioneers Who Shaped the Way We Invest by Andrew W. Lo | GoodreadsBarry Ritholtz Article re TJUL:  My New ETF: 100% of Upside + 0% of Downside - The Big Picture (ritholtz.com)Support the show

In this episode we close out Season Three with a discussion of the annual rebalancings we performed last week on four of the Sample Portfolios -- the All Seasons, the Golden Butterfly, the Golden Ratio and the Risk Parity Ultimate.It's nitty and its gritty.Link to Portfolios Page:  Portfolios | Risk Parity RadioSupport the show

In this episode we answer emails from MyContactInfo and Stanley.  We discuss a podcast interview of Professor Jean-Phillipe Bouchaud about methods of analyzing complex systems and financial markets and compare investments in small cap blend and small cap value funds.Links:Rick Bookstaber podcast interview of  Professor Jean-Phillipe Bouchaud:  Seeking Risk: The Fab Rick Show: The Science of Risk (libsyn.com)The Origin of Wealth book:  Amazon.com: The Origin of Wealth: The Radical Remaking of Economics and What it Means for Business and Society: 9781422121030: Beinhocker, Eric D.: BooksRandom Matrix Analysis:  Random matrix - WikipediaDragon Kings Article:  Dragon king theory - WikipediaPortfolio Visualizer Analysis of Small Cap Blend vs. Small Cap Value:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Support the show

In this episode we answer an email from Marcy.  We discuss the modern and extended histories of the FIRE movement,  FIRE movements and FIRE literature of the past from the 19th Century and beyond, the parallels of modern portfolio mistakes with those of FIRE circa 1990, and do a case study of Marcy's FIRE goals and portfolio using Portfolio Visualizer.  (Errata -- I said "21%" for two allocations in the third portfolio when I meant 26%.)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:Local TV News Story on Father McKenna Center:  Father McKenna Center seeks men’s clothing donations in DC – NBC4 Washington (nbcwashington.com)My 2016 Essay about FIRE:   Prospecting Mimetic Fractals - Prospecting Mimetic FractalsQuiet Life video:  In Praise of The Quiet Life - YouTubeRamit Sethi video with the Jensens:  “We achieved FIRE with $4.3M. Why can’t we enjoy it?” | IWT 108 | Ramit Sethi - YouTubeRamit Sethi with the Mad Fientist:  Ramit Sethi – How to Spend (and Actually Enjoy It) - YouTubeMad Fientist Blog Post re Ways to Spend More Money:  The Problem with the 4% Rule (and Why You Could Retire Even Sooner) (madfientist.com)Terhorst's Blog:  Welcome to Paul and Vicki Terhorst’s Perpetual Travel Blog – Paul and Vicki Terhorst’s Perpetual Travel Blog (wordpress.com)Portfolio Visualizer Analysis of Marcy's Proposed Retirement Portfolio:  https://tinyurl.com/bdnmmubhPV Analysis of RPR Alternative No. 1 (Golden Butterfly):  https://tinyurl.com/bd5dtnddPV Analysis of RPR Alternative No. 2 (Golden Ratio):  https://tinyurl.com/9fkjx5b9Portfolio Charts Calculators:  Charts – Portfolio ChartsRecent Interview of Gwen Merz:  Navigating Career Transitions: Gwen Merz's Inspiring Journey from Corporate Success to Entrepreneur — Earn & Invest (earnandinvest.com)Diania Merriam:  Diania Merriam: Who the hell am I? - YouTubeRose Lounsbury Site:  Home - Rose LounsburySupport the show