Ancient Lake Investments

Ancient Lake Investments
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  • Goodbye, Old Friend: Reasons for Exiting Australia Positions  [View article]
    I REALLY don't like this ETF. EWA is just so correlated to the precious metals sector. It's basically just buying the precious metals ETF with a higher premium.
    Jul 10, 2011. 09:54 PM | Likes Like |Link to Comment
  • "Like drinking without the hangover," says an analyst of the sweet spot apartment landlords find themselves in. A survey from REIS finds rents rising smartly, vacancies dwindling, and not a lot of new supply hitting the market. AIV +6.4%, AVB +22.4%, EQR +20.7% YTD.   [View news story]
    People are flocking to the cities for jobs, and walking away from underwater homes to rent an apartment. Therefore we see this sector strengthening by association. The housing sector will not follow suit, unfortunately.
    Jul 7, 2011. 03:35 PM | Likes Like |Link to Comment
  • Why the Dollar Is More Vulnerable Than the Euro  [View article]
    "Conversely, in the U.S., the bond market continues to give the government a free pass." Completely agree. I just wrote on this.
    However, like the denial in the bond market, there is similar denial in the currency market, and I think banks will give the dollar a similar break as they have given the bond market.
    Jul 7, 2011. 12:23 PM | 1 Like Like |Link to Comment
  • Google+ a Major Threat to Facebook  [View article]
    Google+ will definitely supercede Facebook in the social media sphere. There is no doubt about this. Google just has the best software developers in the world, and everything they create is constantly being improved to its highest capacity. On the other hand, look at Facebook, who is still struggling to make Facebook chat of reasonable quality.
    Jul 7, 2011. 11:03 AM | Likes Like |Link to Comment
  • Creating the Perfect Portfolio With Unsurprising Names  [View article]
    8% bond exposure, 5% commodities, and 3% cash exposure is not going to hedge your risk. Depending on your risk tolerance, the portfolio you describe is a steady income stream. It sounds like the "perfect portfolio" you were aiming for is a long-short portfolio, not the long-only one you described. This portfolio laid out above is a bullish one and would still be subject to the majority of market downside.

    Looking for as close to a "perfect" a portfolio as you can get? Go long-short, hedge, then re-hedge.
    Jul 6, 2011. 06:58 PM | Likes Like |Link to Comment
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