The Dogs of the Dow strategy seems to be a popular topic as Barron’s ran a feature article on the 2010 batch a few days after I ran this screen for premium members. Readers can find some useful background and historical results information from the Barron’s site [$]. The Dogs of the Dow is a [...]
The folks at Legg Mason must have some pull as Bill Miller features are making the rounds this week: Bloomberg: Legg Mason’s Miller Helps Win Clients as Returns Rise Barron’s: It’s Miller Time The Barron’s article, in particular, seemed embarrassingly gushy for a manager who ranks in the 99th percentile for fund managers over 3 [...]
Today’s Wall Street Journal has no less than three articles spotlighting gold’s brief ascent to the $1,000 level. More accurately, the three articles explicitly and implicitly suggest investors stay away from the yellow metal: Taking Down the Golden Barrickades [$] Gold Loses Barrick Benefit — After a Buying Spree, Firm Ends Its Hedging Program [$] Technically [...]
Dean asks, “if one wanted to invest in Grains, what symbols [do] you recommend?” I don’t know if I would necessarily recommend any symbol. The two stocks that I am most familiar with in this arena are the Rogers Agricultural Index (RJA) and the PowerShares DB Agriculture Fund (DBA). I once owned RJA so let’s [...]
View the spreadsheet containing all disclosures for my complete equity portfolio, including initial entry points, YTD returns, total returns, etc. through August 31, 2009. THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +23.7% YTD (my actual IRR, which lags the equal-weighted returns) DJIA: +8.2% Nasdaq: +27.4% S&P 500: +13.0% DJ WIlshire 5000: +15.4% Russell 2000 (smallcap): +14.5% [...]
I recently finished reading the latest edition of David Swenen’s Pioneering Portfolio Management, a book that deals primarily with asset allocation from an institutional/endowment perspective. A review is coming soon but today’s Wall Street Journal carries a related article: Harvard Endowment Regroups [$] In the face of a 30% loss last year, new investment boss, [...]
