fingham's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/52554/comments http://seekingalpha.com/article/79293-sowing-profits-with-the-claymore-clear-global-timber-etf?source=feed#comment-176261 176261 Thu, 29 May 2008 16:13:01 -0400 http://seekingalpha.com/article/78628-brian-orol-uses-inverse-etfs-to-smooth-returns?source=feed#comment-174700 174700 Tue, 27 May 2008 16:14:08 -0400 http://seekingalpha.com/article/78462-when-hedges-fail?source=feed#comment-172774 172774 Fri, 23 May 2008 13:52:17 -0400 http://seekingalpha.com/article/78458-the-etf-squared-it-reallocates-for-you?source=feed#comment-172763 172763 Fri, 23 May 2008 13:38:54 -0400 http://seekingalpha.com/article/77054-publicly-traded-airports-a-useful-benchmark?source=feed#comment-168213 168213 Thu, 15 May 2008 13:52:57 -0400 http://seekingalpha.com/article/74905-defining-alternative-asset-classes?source=feed#comment-160803 160803 15% US stock market - mostly index, plus some value-oriented no-load managers (FAIRX, UMBIX)
19% Alpha-seeking (brilliant mutual fund managers who pursue non-correlated strategies)
14% International developed market (mostly EFA, plus some WGRNX)
5% Emerging markets (VWO)
5% US REITs (VNQ)
5% International REITs
7% Natural resources/commodities
15% US Government bonds/insured munis/money market funds (mix depends on yield curve and spread of taxable vs tax free yields)
15% TIPS]]> Fri, 02 May 2008 13:20:15 -0400 15% US stock market - mostly index, plus some value-oriented no-load managers (FAIRX, UMBIX)
19% Alpha-seeking (brilliant mutual fund managers who pursue non-correlated strategies)
14% International developed market (mostly EFA, plus some WGRNX)
5% Emerging markets (VWO)
5% US REITs (VNQ)
5% International REITs
7% Natural resources/commodities
15% US Government bonds/insured munis/money market funds (mix depends on yield curve and spread of taxable vs tax free yields)
15% TIPS]]> http://seekingalpha.com/article/74905-defining-alternative-asset-classes?source=feed#comment-160321 160321
International REITs - WPS (I have an equal allocation of domestic REITs via VNQ)

Natural Resources - PCL, RYN, PCH (timberland), PRFE (energy), GLD and GDX (gold)

Great Fund Managers who are not closet indexers: PRPFX - (excellent inflation hedge with high Sharpe Ratio - heavy in commodities, currencies, and small-caps) and Ken Heebner's CGMFX and CGMRX.

TIPS. David Swensen strongly makes the case for TIPS as an asset class, which I buy into. Academic research indicates their powerful diversification effect.

I like Granger's ideas above, though one I've already passed on. ARBFX has nearly 2% fees, low net returns and a negative Sharpe Ratio. With five year CAGR of just 5%, it's too volatile for me to hold. I want to get paid for risk. Low correlation isn't enough.

I think a very important question we need to answer is, how much exposure is meaningful? How thin do we slice the pie? How big should our "alternative" category (or any category) be? How big should any sub-slice within it be to be helpful in moving us toward diversified returns?]]> Thu, 01 May 2008 17:00:42 -0400
International REITs - WPS (I have an equal allocation of domestic REITs via VNQ)

Natural Resources - PCL, RYN, PCH (timberland), PRFE (energy), GLD and GDX (gold)

Great Fund Managers who are not closet indexers: PRPFX - (excellent inflation hedge with high Sharpe Ratio - heavy in commodities, currencies, and small-caps) and Ken Heebner's CGMFX and CGMRX.

TIPS. David Swensen strongly makes the case for TIPS as an asset class, which I buy into. Academic research indicates their powerful diversification effect.

I like Granger's ideas above, though one I've already passed on. ARBFX has nearly 2% fees, low net returns and a negative Sharpe Ratio. With five year CAGR of just 5%, it's too volatile for me to hold. I want to get paid for risk. Low correlation isn't enough.

I think a very important question we need to answer is, how much exposure is meaningful? How thin do we slice the pie? How big should our "alternative" category (or any category) be? How big should any sub-slice within it be to be helpful in moving us toward diversified returns?]]> http://seekingalpha.com/article/39998-more-support-for-disciplined-etf-strategy?source=feed#comment-90299 90299 Tue, 03 Jul 2007 14:38:50 -0400 http://seekingalpha.com/article/38252-a-world-market-cap-approach-to-allocation?source=feed#comment-88485 88485 Wed, 13 Jun 2007 17:32:23 -0400 http://seekingalpha.com/article/36734-etfs-vs-individual-stocks-capturing-the-desired-effect?source=feed#comment-87303 87303 Wed, 30 May 2007 16:17:13 -0400