norbertc - All Comments

AA

erryl — Sat, 21 Feb 2009 02:29:00 GMT

Wow, this portfolio is "smoking" so far this year. I have recently added PSSDX to my portfolio, but I am not doing as well as you are with this portfolio.

Is there an asset allocation that you started off with? How did you arrive at these fund weightings?

Where does all the cash come for in the analyzer results?

How are you deciding on the hedge fund weighting?

erryl

Erryl

norbertc — Mon, 23 Feb 2009 22:01:00 GMT

Hi Erryl, that's weird. I don't remember making the above post.

I'm at an Internet Cafe in Heidelberg, so just a quick reply.

This portfolio is like the ones we've been playing with on the original Risk Management thread. The idea is just to use funds with good risk-adjusted returns, go for diversification, and hedge during times of trouble.

I just threw this together. In my real portfolio I have a much higher allocation to bonds, including a 25% allocation to TIPS (that I've been holding since 2001). Have a lower allocation to equities because I think the S&P could touch the 500-600 level eventually.

More later.

Clarification

M*_Darrin — Mon, 23 Feb 2009 23:48:00 GMT

These Q&A posts are automatically created when you share a new portfolio. Sorry for any confusion Norbert.

M*_Darrin

Re: Buy and Hold Portfolio

glenbob — Sun, 31 May 2009 15:40:00 GMT

Hi Norbert,

I stumbled across your Buy and hold risk managed portfolio and am very impressed with your work. I'm trying to do something similar in my IRA, which is mostly cash now after last yrs. crash. I can't use PSSDX in my IRA so I was thinking of using SH as a 20% hedge. Analyzing the portfolio from the Mar 9 low, SH would have lost about 30% but the other funds would have made the portfolio very positive. I'm thinking of a 20% hedge due to the high Geopolitical risk or "Black Swan" risk.

Thanks,

Glenbob

Re: Q&A for norbertc's NC Risk-Managed Port portfolio

bythenbrs — Mon, 28 Dec 2009 11:40:26 GMT

Norbert,

I've noticed that you have eliminated your PSSDX hedge. Given that PE10 has now breeched 20, shouldn't there be a 10% hedge for valuation?

Perhaps I have misread something in either your port or the 'rules' for hedging.

As always, your comments and guidance are appreciated.

BytheNbrs

Re: Erryl

sensei — Mon, 28 Dec 2009 15:52:43 GMT

norbert,

It would be very interesting to learn more about the composition of your real portfolio and contrast it with your hypothetical models.

When I was young I had a job as a paperboy. I used to go to the sports section everyday to check out the dog racing results. In addition to the results of previous races, they'd post the names of the dogs running in the next night's races. I'd go through and pick the ones I thought would win that night and then check out the winners the following day. I did quite well in those days, but then again, I always do when there's only imaginary money at stake.:)

Re: Re: Erryl

erryl — Mon, 28 Dec 2009 16:27:27 GMT

You might want to ask your questions in this thread

http://socialize.morningstar.com/NewSocialize/forums/p/229249/2594545.aspx#2594545

I don't think that Norbert checks this blog for messages. When you post to this thread, it will bring it to the top of the most recent forum page. He should see it there...

erryl

Re: Q&A for norbertc's NC 3: Risk-Managed Portfolio Portfolio

Majick — Sun, 07 Feb 2010 21:10:06 GMT

norbertc,

What happened to your

NC III: Vanguard Global Porfolio Portfolio? Got deleted ?

as It is not on M*

Is it accessible or Linked anywhere else?

NC III: Vanguard Global Porfolio Portfolio.

I'm interested in your VG portfolio.It will help.

Thanks.Manji

http://socialize.morningstar.com/NewSocialize/PortfolioSharing/SharedPortfolioSnapshot.aspx?q=19B0A9395E1AF8C4">socialize.morningstar.com/.../SharedPortfolioSnapshot.aspx">http://socialize.morningstar.com/NewSocialize/PortfolioSharing/SharedPortfolioSnapshot.aspx?q=19B0A9395E1AF8C4

Re: Q&A for norbertc's NC II: Global Allocation - Hands On Portfolio

marlin2114 — Sat, 21 Mar 2009 14:54:00 GMT

I've been reading your posts for about a year. I'm a huge fan of El Erian. We need to put him as treasury sec in the USA!!

What are your thoughts relative to incorporating individual stocks within the NCII portfolio strategy? I'm sure you've read thru the arguments posted on the strength of selecting individual stocks especially in this downward moving market as compared to index fund purchases in an attempt to adhere to some sort of asset allocation strategy (Folio Investing has some of this type of info)

I'm in the energy industry. I work within a large publicly traded service company. Trust me, there are huge differences in the make up of the companies within say the OIH index. If I believe strongly that say SLB is a much better "bet" within the energy space than buying the entire energy space as part of some asset allocation strategy then why not allocate more of the overall % of the portfolio to at least some individual securities as well? Again, I think this may have merit in a downward market or a market that is as volatile as this one is and appears to be maintaining over the next several years.

Re: Q&A for norbertc's NC II: Global Allocation - Hands On Portfolio

norbertc — Mon, 27 Apr 2009 03:43:00 GMT

Marlin,

Sorry, I just noticed your post today.

I'm positive on using individual stocks when we have very strong industry & company knowledge - preferably through your kind of hands-on experience.

Ironically, my entire portfolio from 1979 to about 1997 was one energy stock - thanks to a company profit sharing program.

At present my wife works for a large German software company that we think will continue to do well - and might even be acquired. So, we own stock there.

Norbert

Re:Q&A for norbertc's Molly Actual IRA portfolio

kerryvan — Fri, 01 Aug 2008 16:20:03 GMT

I'm impressed, I looked at the portfolio and my first impression was someone who knows what they are doing... Then I noticed who put it up.. No surprise, and I kind of figured that we had very similar funds..

Attaboy to Norbert...