The equity markets have been more turbulent of late. As I type, most markets outside the U.S. are around 20% off their highs and the U.S. markets are in a ~10% drawdown. Today, the NASDAQ is off more than 3%, apparently based on earnings reports from Amazon and Alphabet which were not well received. I am dropping a quick note during this market turbulence to update on a “tactical” move I made in one of my accounts. I went to cash… Continue reading “Gone to Cash…”
Tag: ETFs
Weekly Media Pin – Double Entendre Edition
This week I am highlighting an interview and a related book for you. I wanted to go ahead and get it out since it is almost 5:00 p.m. on Friday afternoon and I was afraid someone might read this post if I published at any other time. Continue reading “Weekly Media Pin – Double Entendre Edition”
Investing Diary: Macro Trippin’
A little trade war angst has spiced things up a bit in the markets lately. So…I bought some stuff. Also, Barron’s had a negative Berkshire article suggesting some dramatic changes for Buffett, complete with recommendations about how to deal with his “cash problem.” Continue reading “Investing Diary: Macro Trippin’”
Mr. Greenblatt Comes to Town
Joel Greenblatt is one of my favorite investors to follow. He recently did a couple of interviews which provided an interesting contrast. In one interview, he threw some shade on the “value factor” in the other interview he recommended a value factor fund as a good investment for retail investors to hold over the long run. Continue reading “Mr. Greenblatt Comes to Town”
Podcast(s) of the Week
It is time for another podcast of the week. I took the punishment of listening to lots of mediocre (and some great) pods for you and will now flag one (or a few) for your listening pleasure. Continue reading “Podcast(s) of the Week”
Foreign Value Factor ETFs Update
Back on November 24, 2017, I published a post entitled Best Foreign Value Factor ETFs. In that post, I looked at several options and attempted to compare and contrast them on the road to picking one for purchase. Since we just finished up the first quarter of 2018, I though I would take a look at the performance of these options since the prior post. Continue reading “Foreign Value Factor ETFs Update”
WETF Update: Winter (Vanguard) is Coming!
Just a quick post to record my thoughts for future evaluation. I purchased WisdomTree (WETF) earlier this year for ~$9 per share. I am going to sell 2/3 of the position @ ~$12 and just let the 33% profit run (in a tax deferred account, or I would not bother). The basic evaluation when I bought was that I liked the business, insiders/founders are in control (reducing principal-agent conflicts), and it was trading with an enterprise value of around 2% of AUM. Continue reading “WETF Update: Winter (Vanguard) is Coming!”