Monday, 11 July 2016

Cheapest ETFs

http://etfdb.com/cheapest-etf-for-every-investment-objectives/

Saturday, 9 July 2016

Global Stock Market Valuation Ratios

The Trinity Portfolio

Meb Faber's Trinity Portfolio allocation:

With a relatively high allocation to commodities and gold, it looks similar to Ray Dalio's All-Weather (or All-Seasons) portfolio, or some of the other ones (Mohammed El-Erian also allocates a decent portion to commodities).




Friday, 24 June 2016

Soros shorts the Pound again!

Big bets that pay off.


http://www.morningstar.com.au/funds/article/george-soros-warns-of-Brexit-Black-Friday/7784

Going by the cost/benefit analysis, this move, quite obvious in the hindsight, had a lot on the upside and a relatively small downside as the Leave vote was almost priced in.

EU 50 after opening

The state of the EU 50 index after the opening of the European markets after historical Brexit vote.


Historical indeed

As noted earlier, this is the historical reaction to Brexit.

Monday, 20 June 2016

"Thursday and Friday are going to be historical"

Mohamed El Erian's view of the current events, mainly Brexit: link


Thursday, 19 May 2016

Global Asset Allocation available

Global Asset Allocation book is available for free at http://freebook.mebfaber.com/.

Thanks for making it available to general public!


Tuesday, 17 May 2016

Ireland is the 4th largest US creditor

Considering that Ireland has just slightly higher population than any of the Balkan countries, these numbers are truly impressive.

Bloomberg - Ireland Stands Out in Treasury Holdings That Exceed Economy http://bloom.bg/27uw2Hc

Saturday, 7 May 2016

Global CAPE ratios

Here are a few useful pieces of data on country ratios. The first one is Japan's CAPE ratio - here, and the second one is the Buffet's favourite, the list of market capitalisation to GDP ratios for quite a few countries - here.

Wednesday, 4 May 2016

Global Asset Allocation Update

Mac Faber has updated the Global Asset Allocation document. Very interesting read and a useful update on best known assest allocation strategies.

The book's review can be seen on Goodreads and the book can be found on Amazon. It is also available to the newsletter subscribers but the link is not publicly available due to copyright.

Edit: See update

Tuesday, 3 May 2016

Gig Economy

An article on gig economy - what is it, what are the effects?


Tuesday, 29 March 2016

Stock Market Valuations

Star Capital provides a Global Stock Market Valuation Ratios online (link), including dividend yields, CAPE, Price/Equity (P/E), Price/Book (P/B), etc. for the whole world.


Saturday, 5 March 2016

First withdrawal from Norwegian SWMF

"Norway says made first withdrawal from oil fund in January" - http://uk.reuters.com/article/idUKKCN0W52L2

Friday, 4 March 2016

The All Weather Story

Here is The All Weather Story from Bridgewater, led by legendary Ray Dalio.

Some related material on Asset Allocation Strategies from Meb Faber. And a newer comparison of the different asset allocation strategies.

Portfolio Management

MIT 18.S096 Topics in Mathematics with Applications in Finance, Fall 2013 (link).

Portfolio Management course, 1h 30m

Here's also one from Stanford (link).

Tuesday, 1 March 2016

Quicken to sell before May

Source: Intuit to close sale of Quicken by April 30 (link)


Thursday, 11 February 2016

Bear market again

It's been a while since the latest bear market. Here's an article on how to prepare for the bargains that should emerge as the situation develops.


The recommendation here is a "Dollar-Cost Averaging with a bear market twist". Meaning that every new round of buying is triggered by a 5% fall from the previous level.
Note, however, that the article refers only to the US markets. Some international ones are already down far lower.

Friday, 22 January 2016

Saudi holdings of U.S. Treasuries

The following story from Bloomberg just confirms the deal the US had with Saudis in relation to oil and US Dollars.

U.S. Is Hiding Treasury Bond Data That's Suddenly Become Crucial

Simplistically, Saudi Arabia is selling oil for US $ and then sending the $ back to the US in exchange for promisory notes.


Wednesday, 20 January 2016

The Great Myths of Investing

A great article on classical myths of investing: The Great Myths of Investing


Thursday, 14 January 2016

50 Unfortunate truths about investing

http://www.fool.com/investing/general/2012/11/14/50-unfortunate-truths-about-investing.aspx#.Vpat7dilsOI.twitter

Investment into renewables not collapsing with the low oil price

An interesting pointer to the future of renewable energy production is the fact that the investment has not fallen after oil prices collapsed. Quite the contrary, the investment has even increased.



Source: Bloomberg

Sunday, 10 January 2016

Extreme Wealth Is Bad for Everyone—Especially the Wealthy

https://newrepublic.com/article/120092/billionaires-book-review-money-cant-buy-happiness

Book recommendations

Here are some book recommendations by Mohamed El-Erian:

http://www.bloombergview.com/articles/2015-12-31/nine-books-to-get-you-through-the-age-of-uncertainty

Monday, 4 January 2016

Australian pension fund system (in Serbian)

An article in Serbian that compares the pension system in Serbia (and probably other Balkans countries) to the one in Australia. (link)
Probably the biggest advantage of the Australian model is that politicians do not directly affect the pension amounts. These can not be raised nor reduced directly and depend only on the economy. Political manipulations can't reach society's retirement funds except indirectly - through economic policies.