I am currently a retired Aerospace Engineer. I am married with three children and eight grandchildren. I was born in San Francisco, CA in 1949 and moved to Newport News, VA in 1951 where I lived until I went to college. By God's grace, I received a B.S. degree from Virginia Tech (1972), a M.S. degree from Caltech (1973), and a M.A. - Biblical Studies degree from Birmingham Theological Seminary (2013). I worked at Pratt & Whitney (1973-1986) and CFD Research Corporation (1987-2008). Now in retirement and trying to preserve my life savings, I currently have a strong interest in tactical asset allocation strategies, and have studied them extensively. I have developed a number of tactical strategies involving the periodic trading of ETFs and, more recently, mutual funds. These strategies have been backtested mainly using Portfolio Visualizer and ETFreplay software. The goal is to earn 10-15% annually with no negative years, and to have maximum drawdowns of less than 10%, preferably less than 5%. The strategies include purchasing a limited number of funds with the highest growth and lowest volatility, and minimizing risk using moving average, dual momentum, and risk parity methods. I have developed strategies for equity as well as bond assets.
Institutional investment manager authoring on a variety of topics that pique my interest, and could further discourse in this online community. I hold an MBA from the University of Chicago, and have earned the CFA designation.
My articles may contain statements and projections that are forward-looking in nature, and therefore inherently subject to numerous risks, uncertainties and assumptions. While my articles focus on generating long-term risk-adjusted returns, investment decisions necessarily involve the risk of loss of principal. Individual investor circumstances vary significantly, and information gleaned from my articles should be applied to your own unique investment situation, objectives, risk tolerance, and investment horizon.
Gary A. Gordon, MS, CFP® is the president of Pacific Park Financial, Inc., a Registered Investment Adviser with the SEC. He has more than 25 years of experience as a personal coach in “money matters,” including risk assessment, small business development and portfolio management.
Gary is often asked to consult as an educator. He has taught financial concepts in Mexico, Singapore, Hong Kong, Taiwan and the United States.
As a Certified Financial Planner™ (CFP®), Gary has distinguished himself as a reputable and trusted investor advocate. He writes commentary for ETF Expert, Seeking Alpha and The Street. Gary’s participation on local and national radio has spanned more than a decade, and he currently hosts the ETF Expert Show.
Gary is a “good sport” when his wife, Denise, beats him at Scrabble. Most of all, Gary takes special pride in a not-so-little energizer… his 19-year old daughter, Wei Elizabeth Gordon.
Gary Antonacci has over 40 years experience as an investment professional focusing on underexploited investment opportunities. His innovative research on momentum investing was the first place winner in 2012 and the second place winner in 2011 of the prestigious Wagner Award for Advances in Active Investment Management given annually by the National Association of Active Investment Managers (NAAIM).
His research introduced the investment world to dual momentum, which combines relative strength price momentum with trend following absolute momentum. Antonacci is author of the award-winning book, Dual Momentum Investing: An Innovative Approach to Higher Returns with Lower Risk, and is is recognized as a foremost authority on the practical applications of momentum investing.
Antonacci received his MBA degree from the Harvard Business School in 1978. Since then, he has concentrated on researching, developing, and applying innovative investment strategies that have their basis in academic research. He serves as a consultant and public speaker on asset allocation, portfolio construction, and advanced momentum strategies.More about Antonacci and dual momentum can be found on http://optimalmomentum.com.
CFA Institute is a global community of more than 100,000 investment professionals working to build an investment industry where investors’ interests come first, financial markets function at their best, and economies grow.
Being an early pensioner at 46 and travelling in developing countries for possibly the rest of my life I'm looking for a source of income that keeps me going for as long as I favour. Since my starting capital is healthy but not enormous I can only keep doing so if my annual income is big enough right from the start, remains healthy and predictable for the unforeseen future through all kinds of economic climates, and beats the average inflation rate in developing countries; the biggest countries where I'm likely to spend most of my time being the most influential in my calculations.
In my previous life I've been quite successful with options trading but surprisingly much less so with stock picking or even ETF picking. But since market timing and trading are not the kind of thing I want to do for the rest of my life (if possible at all when travelling) I had to look for an alternative. After 2 years of possibly reading thousands of articles about asset allocation and portfolio building I fell in love with the utter simplicity, diversity and results of Harry Browne's 1989 version of the Permanent Portfolio (not the mutual fund, ETF or Craig Rowland versions though) and I learned a lot about bonds, commodities, rebalancing, the power of doing nothing and most important of all: the fact that we absolutely have no clue what will happen and make or break markets in the remote or even near future. However, I had to come to the conclusion that the impressive results (9% per year over a 43 year time span with only 4 down years, a maximum draw of an incredible 4% in 1981 and extremely low volatility) probably wouldn't beat developing world inflation rates in the long run, meaning that I would have to touch principle. Since I have no idea whether I will die tomorrow, at 50, 75 or 100 that doesn't seem to be a clever plan as I would very likely run out of money before I run out of vital breath.
I tried modifying the Permanent Portfolio in various ways to spice up results, the most interesting being changing allocation shares, no rebalancing, replacing a US market fund by individual dividend growth stocks so adding dividends to capital appreciation, replacing individual US long term treasury bonds by individual long term investment grade sovereign emerging market bonds denominated in local currencies, adding other commodities to gold for seasonal trading, and replacing cash by emerging market CDs, again denominated in local currencies to make use of changing exchange rates. But then after some unexpected moves on more than one of these fronts I started thinking how predictable this all would become in the future and whether I really needed these risks. The answer was a firm No. But the exercise had been great.
After discovering SeekingAlpha and getting more and more interested in dividend growth stocks and hedging risks I started thinking about the best way to increase income through dividends for an unusual big part of my portfolio and hedge the income risks very aggressively with just a tiny part of the portfolio. Right now I'm in the phase of identifying the best dividend growth stocks for a kind of Buy & Die portfolio (buying stocks without any intention to sell unless there's an extreme situation, and just harvesting dividends to support my life style). And besides that I'm trying to learn as much as possible about hedging risks, costs and rewards while rethinking the value of the Permanent Portfolio on my life style as buying only once, an annual rebalance action lasting less than an hour and never ever reading about individual companies, ETFs, sectors, markets or even the whole economy for the rest of my life is extremely enticing as well.
The second path I'm following is extremely different although again inspired by the Permanent Portfolio but also by momentum strategies, leverage, asset allocation and hedging outside the momentum portfolio. I want my momentum portfolio ideally to be ever lasting as not to end up rethinking my strategy after every single market dip. Now that I've designed such a portfolio including hedges, et cetera, I invest every month in the 3 best ETFs over a 3 month period that are on my list. So far, so good and if I ever find the time to write and share about the selection process of building a multi asset momentum portfolio layer by layer I would love to do so.
And with that I'm at the biggest mistake I made since deciding to start travelling: I thought time was all I had. Well, that may be true but somehow it's incredibly hard to find!
I am an early career scientific researcher who has taken a strong interest in investing, both for achieving my personal financial goals as well as serving as an alternative conduit where critical and logical thinking are rewarded. I write articles to share ideas, refine my own thinking and invite discussion from the astute readership of Seeking Alpha.
For a better Seeking Alpha experience on your phone, please consider viewing the website on your browser (request desktop site for full functionality) instead of through the Seeking Alpha app.
Within the academic field, I have a career total of 89 publications and 5 book chapters, 2,900 total citations and an h-index of 32 (metrics from Google Scholar).
Frank Grossmann (founder and partner of logical-invest.com)
I am Swiss and living in Zurich. I studied Microtechnics at the Federal Institute of Technology in Lausanne and Business Administration at the Federal Institute of Technology in Zurich. After the studies in 1989 I founded Labocontrol AG. This company was sold to the US company Digital Now Inc. where I continued to work as a chief scientist.
Since 13 years I have my own software company Colour-Science.com which develops algorithms for digital image processing. These algorithms do things like image enhancement, red eye removal or pattern (face) detection. My passion however was always to search for pattern in financial data and then develop and back test rule based investment strategies.
My profession is in biomedical research. I have over 25 years experience investing and trading stocks, options, ETFs, mutual funds, and futures in most asset classes, including volatility. I have a long-standing interest in algorithmic trading strategies. Over the last several years, we have worked towards developing and in some cases deploying with real money the strategies we have developed.
Young finance professional interested in constructing trading systems. I program in R, and am interested in finding ways of systematically creating alpha. Right now, I'm learning the quantstrat R package, which is a ridiculously powerful backtesting package, created for and used on the research desk of a high-frequency algorithmic trader running the algo-trading desk of a large broker-dealer in Chicago.
Individual investor. On double secret probation for commenting on SA articles, especially for pointing out that a portfolio that an RIA was using as an example of the kind of great advice he would provide had a drawdown of over 60%.
Chris Ciovacco is the founder and CEO of Ciovacco Capital Management (CCM), an independent money management firm serving individual investors nationwide. The thoroughly researched and backtested CCM Market Model answers these important questions: (1) How much should we allocate to risk assets?, (2) How much should we allocate to conservative assets?, (3) What are the most attractive risk assets?, and (4) What are the most attractive conservative assets?
Chris is an expert in identifying the best ETFs from a wide variety of asset classes, including stocks, bonds, commodities, and precious metals. The CCM Market Model compares over 130 different ETFs to identify the most attractive risk-reward opportunities.
Chris graduated summa cum laude from The Georgia Institute of Technology with a co-operative degree in Industrial and Systems Engineering. Prior to founding Ciovacco Capital Management in 1999, Mr. Ciovacco worked as a Financial Advisor for Morgan Stanley in Atlanta for five years earning a strong reputation for his independent research and high integrity. While at Georgia Tech, he gained valuable experience working as a co-op for IBM (1985-1990). During his time with Morgan Stanley, Chris received extensive training which included extended stays in NYC at the World Trade Center.
His areas of expertise include technical analysis and market model development. CCM’s popular weekly technical analysis videos on YouTube have been viewed over 700,000 times. Chris’ years of experience and research led to the creation of the thoroughly backtested CCM Market Model, which serves as the foundation for the management of separate accounts for individuals and businesses.
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I am a patent litigator with a background in physics and electronics. I enjoy studying quantitative, rules-based investment methods through rigorous backtesting and numerical analysis. I believe that patterns exist in the market that benefit trading -- the challenge is finding them!
I am an independent investor writing at Scott's Investments (http://www.scottsinvestments.com). My site is dedicated to discussing and publicly tracking historically successful investments strategies and sharing free investment resources. I emphasize empirical, historical, and quantitative analysis, portfolio strategies for individual investors and technical analysis.
I have quickly become a highly-rated site on Investimonials, http://www.investimonials.com/blogs/reviews-scottsinvestmentsgmailcom.aspx
I am currently a retired Aerospace Engineer. I am married with three children and eight grandchildren. I was born in San Francisco, CA in 1949 and moved to Newport News, VA in 1951 where I lived until I went to college. By God's grace, I received a B.S. degree from Virginia Tech (1972), a M.S. degree from Caltech (1973), and a M.A. - Biblical Studies degree from Birmingham Theological Seminary (2013). I worked at Pratt & Whitney (1973-1986) and CFD Research Corporation (1987-2008).
Now in retirement and trying to preserve my life savings, I currently have a strong interest in tactical asset allocation strategies, and have studied them extensively. I have developed a number of tactical strategies involving the periodic trading of ETFs and, more recently, mutual funds. These strategies have been backtested mainly using Portfolio Visualizer and ETFreplay software. The goal is to earn 10-15% annually with no negative years, and to have maximum drawdowns of less than 10%, preferably less than 5%. The strategies include purchasing a limited number of funds with the highest growth and lowest volatility, and minimizing risk using moving average, dual momentum, and risk parity methods. I have developed strategies for equity as well as bond assets.