ETFnerd

Constructing a Portfolio from the Top Down

To the disciple of the "Oh, that sounds like a good idea" school of investment thought:

I guess 164 words would constitute a lengthy reply if you are not used to reading. If you object to what I posted so much, why not try to disprove it by arguing cogently that Mr. Nusbaum's article is not fluff? Tell us what great insights you garnered from his article.

Instead of huffing and puffing for criticizing Mr. Nusbaum, why not reflect on why you are such an eager consumer of his cowpies?

Information without dissent is not information, it's propaganda. Now take off your benito mussolini hat and realize that we have a first amendment in this country that allows views other than your own.

Constructing a Portfolio from the Top Down

I wonder what this clown is paying the site to feature his fluff. There are endless ways to slice and dice the market portfolio. One way to invest is to choose the market portfolio as per mpt. This investment approach has theoretical and empirical support.

Investing in sectors that may be important in the future can pay off in certain instances and ruin you in others. Take the internet for instance. Some made money in the run-up in the 90s and others lost money in the subsequent crash. Real estate is the more recent example. These were important themes in the economy, but were they sound investment strategies?

So what is the evidence that this "theme" approach is preferable to other investment approaches?

This guy doesn't deal in evidence or investment merit. He deals in coming up with yet another tired, repackaged bag of goods to sell to the public.

I wish that this site would use some judgement in choosing its featured articles.