More than 90% of your returns come from asset allocation. Market Timing and stock selection accounts for less than 10% of your returns. Build yourself a globally diversified portfolio of index funds and call it a day. The most important question that you need to answer is what is your stock bond ratio. Stick with short-term high quality bonds on the fixed income side and tilt (lean) into small value on the equity side. A better idea is find an advisor who uses DFA Funds and work with him/her.
Its not impossible to do it consistently. Its impossible to do it consistently if you are greedy. If you systematically generate conservative results without second guessing yourself on hype, you will make money. Repeat. you simply cannot operate on guesswork. You seem to understand this- you sell a system. Don't tell me that there is not an algorithm sitting at Goldman Sachs that is not guaranteed to make money on market timing. If this is an algorithm created by humans its repeatable.
I know you have had a lot of training in your speaking and I always enjoy hearing you speak....In this clip I think you used your hands in gesture too much. Your gestures seemed contrived...not natural as when you speak in person. The content was terrific!
More than 90% of your returns come from asset allocation. Market Timing and stock selection accounts for less than 10% of your returns. Build yourself a globally diversified portfolio of index funds and call it a day. The most important question that you need to answer is what is your stock bond ratio. Stick with short-term high quality bonds on the fixed income side and tilt (lean) into small value on the equity side. A better idea is find an advisor who uses DFA Funds and work with him/her.
copernicanideas 1 year ago
Its not impossible to do it consistently. Its impossible to do it consistently if you are greedy. If you systematically generate conservative results without second guessing yourself on hype, you will make money. Repeat. you simply cannot operate on guesswork. You seem to understand this- you sell a system. Don't tell me that there is not an algorithm sitting at Goldman Sachs that is not guaranteed to make money on market timing. If this is an algorithm created by humans its repeatable.
michael38921 2 years ago
I know you have had a lot of training in your speaking and I always enjoy hearing you speak....In this clip I think you used your hands in gesture too much. Your gestures seemed contrived...not natural as when you speak in person. The content was terrific!
Glenrose11 2 years ago
nice propaganda.
petelebu 2 years ago