Are you happy with your investment performance? Why? The answer to the question “Is performance good?” requires an answer to another question “Relative to what?” In this article, we provide performance benchmarks tied to your investment horizon and your risk preference. If your horizon is long, traditional wisdom says youRead More →

Safety First: Sprint Racer McKenna Haase and her helmet (via Racing News) Bulletproof Investing: Week 97 Performance Each week, since the beginning of June 2017, I have presented at least two hedged portfolios created by Portfolio Armor to my Bulletproof Investing subscribers. This is an “investing with a helmet on”Read More →

Race car driver Mikaela Ahlin-Kottulinsky and her helmet (photo via Forbes). Bulletproof Investing: Week 93 Performance Each week, since the beginning of June 2017, I have presented at least two hedged portfolios created by Portfolio Armor to my Bulletproof Investing subscribers. This is an “investing with a helmet on” approach,Read More →

Centennial Resource Development (CDEV) had a pretty good Q2 2019 report. It announced a 5% increase in its full-year oil production guidance and an 8% increase in its total production guidance while also keeping its capex within its budgeted range (albeit toward the higher end). Centennial’s cash burn is aRead More →

Nirvana swept over global markets in June as all the major asset classes posted gains. Even more remarkable, last month’s across-the-board increases mark the second time this year that everything rose in a calendar month (January also generated a rally in everything).Beta, in other words, again gave cover to mediocrityRead More →