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Calibrate Weekly Update

Weekly Recap                                                                                                   Monthly Recap

Weekly Notes:  Benchmarks and the Trouble with Indexing
 

"Tryin' to make it real, but compared to what?" 
Roberta Flack

This morning, as I was considering what to write for my weekly note, I was marveling at how ill-timed a few of my guesses about market direction have been.  At the same time I was thinking how valuable it is to employ a strategy independent upon forecasting, and rather built upon a systematic process. 

Three Things Professional Money Managers Do to Protect Their Investments That You Probably Don’t Do

1.)  Balance Investments According to Risk

“We observe a world of great opportunities disguised as insoluble problems.”

Franklin Roosevelt 1938

Diversifying with Optionality

Volatility and the Short Convexity Trade