I begin with reflection. Before arguing what to do next, I must first reflect on what has already transpired, no matter how painful and disturbing that may be. A confession I have experienced clinical depression before. Real medical depression that descended upon me out of the blue like a matte glass tomb insulating me from the […]
Dual Momentum: A Year in Review
A little over year ago I took a drastic step. I moved all of my retirement account holdings away from the safety of a conventional buy-and-hold passive index portfolio, and towards a different approach; an approach riddled with dangerous taboos. It was an active approach. It was market timing. It was dual momentum investing, more […]
Signs of Decay
This is a treacherous territory that I’m about to venture into, and I know that. There are hazards galore. Self-pity, hypochondria, grumpy old man-ism. Furthermore there is no redemptive story yet. I have not overcome but am only in the early stages of trying to overcome a minor and rather undramatic challenge. The ending is […]
Oh Me of Little Faith
I am a deeply unreligious person. I have a firm belief in just about nothing spiritual. Which is not to say that I am in any way more rational than the next guy. Not at all. My lack of piety simply reflects my own particular (and somewhat random) cultural heritage. Both of my parents, and […]
Come Fly With Me
I have spent a lot of time writing here about two central topics. Topic number one is the miles game. Simply put, this is the set of skills that allows you to harness the generosity of credit card company signing bonuses and loyalty currency perks for your own benefit. And to surprising effect. Topic number […]
Bedtime Stories
Have I got a terrific story about dual momentum, and how it works, and why it works. I’ve told this story in bits and pieces before, but it’s high time that I gave you my full explanation for why I think that dual momentum works, uninterrupted and in excruciating detail. The good news is that I’m […]
Looking Under Rocks
Sun Tzu observed that “if you know the enemy and know yourself, you need not fear the result of 100 battles.” And as pat as it is to compare investing to war, it is also apt. For every investment is a transaction between a buyer and a seller, which means that every trade, on some […]
Strong Will, Broken Bone
There’s a well described phenomenon in the medical literature known as “publication bias.” Simply put, we are all too collectively consumed with moving the ball of scientific progress forward. In practice this desire ends up meaning that a result such as “treatment A works better than the current standard of care,” is much more likely […]
Dual Doubts…
It seems that there has been a lot of interest in dual momentum investing out there of late. And I can’t say that I’m entirely surprised. After all, the momentum story was interesting and convincing enough for me personally to move me off of my strong predilection for boglehead style passive investing (for better or […]
Rocking Luxury
It’s no secret that one of my favorite bloggers, and certainly the most personally influential is Mr. Money Mustache. Pete (MMM himself) does an incredible job of reframing societal assumptions. If our dominant modern hypothesis is that consuming things brings us happiness, Pete stands this theory on its head, and points out (correctly I think) […]
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