Critique of an Overly Broad ETF Portfolio [View article]
I do not work for XTF Advisors. However, for generally televised advice for full-market allocation for most investors taking into account where we currently are on the yield curve and without individual investor profiles, I believe that Nussbaum's criticisms of this portfolio are WAY-OFF-BASE! This is an excellent "starter" or generalized ETF-allocation model portfolios for the vast majority of investors (most of whom do NOT own and mangae treasuries directly and certainly do not have the ability to change maturities with the yield curve). The targeted investor -- particularly on this show -- is the typical mutual-fund/ 401K investor. Most of these investors would be so much better off following the XTF model portfolios than keeping their current fee-hogging mutual funds that words cannot express my hopes that XTF wins converts in this regard. Good job, XTF! Bad criticism, Nussbaum.
As for Pisani vs. Kudlow, I agree with Nussbaum 1000%. Having dealt with Kudlow at two industry events and with Pisani on many occasions, there is no doubt in my mind that the latter is the better journalist and interviewer. Bob does his homework, tries to interview the right subjects, is always respectful, and tries to educate his audience. Larry is an economist first, an iconoclast second, and a journalist third (if not fourth). His opinions and observatrions are interesting, his pithy comments less occasionally so, but if he has much interest in educing enough from his guest to educate and enlighten his viewing audience, I've never seen any evidence of it!
Critique of an Overly Broad ETF Portfolio [View article]
As for Pisani vs. Kudlow, I agree with Nussbaum 1000%. Having dealt with Kudlow at two industry events and with Pisani on many occasions, there is no doubt in my mind that the latter is the better journalist and interviewer. Bob does his homework, tries to interview the right subjects, is always respectful, and tries to educate his audience. Larry is an economist first, an iconoclast second, and a journalist third (if not fourth). His opinions and observatrions are interesting, his pithy comments less occasionally so, but if he has much interest in educing enough from his guest to educate and enlighten his viewing audience, I've never seen any evidence of it!