The Big Picture

SEPTEMBER 19, 2023

The transcript from this week’s, MiB: Elizabeth Burton, Goldman Sachs Asset Management , is below. Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. Her job is portfolio and product solutions and that means she could go anywhere in the world and do anything. Elizabeth Burton : Hi Barry.

Assets 143

Assets Management Portfolio Investing 143

Abnormal Returns

MARCH 20, 2024

Strategy Ten things to know about building a diversified portfolio. morningstar.com) Real assets can be a portfolio drag during periods of quiescent inflation. entertainmentstrategyguy.com) Global It's hard to put a positive spin on Brexit for the UK economy. wapo.st) China spends A LOT on agricultural subsidies.

Financial Advising 186

Financial Advising Startup Valuation Economy 186

MainStreet Financial Planning

AUGUST 16, 2022

There are many steps in building an investment portfolio, in this article, I’ll discuss how asset allocation and risk tolerance are important considerations when investing. In simple terms, asset allocation is the mix of all the different types of investments you have in your portfolio. Some examples include U.S.

Asset Allocation 52

Asset Allocation Assets Risk Tolerance Portfolio 52

Abnormal Returns

DECEMBER 11, 2023

Markets Every major asset class, except commodities, is set for an up 2023. ft.com) Triple-levered anything can wreck your portfolio. ft.com) Economy Consumers are finally pushing back against higher prices. econbrowser.com) If you are looking for signs of weakness in the economy, here they are.

Media 229

Media Financial Advising Retail Economy 229

Abnormal Returns

AUGUST 21, 2023

Asset allocation Asset allocation is not a science. insights.finominal.com) Economy Aging isn't great for economic growth. calculatedriskblog.com) Earlier on Abnormal Returns Adviser links: reducing portfolio volatility. obliviousinvestor.com) Diversification reduces the risk of adverse outcomes.

Asset Allocation 240

Asset Allocation Financial Advising Media Assets 240

Truemind Capital

JANUARY 24, 2024

The world has accumulated a significant proportion of debt at low yields (thanks to reckless money printing) that any meaningful monetary tightening can plunge the economies into recession. Gold : The only asset class which delivered fantastic returns in the 1970s decade. However, this is not going to be easy.

Portfolio 52

Portfolio Valuation Engineering Economics 52

Abnormal Returns

SEPTEMBER 26, 2023

morningstar.com) Alternative assets are not all that alternative. wired.com) Asset allocation How various asset classes performed during a recession. morningstar.com) Achieving these three portfolio goals simultaneously is tough. bonddad.blogspot.com) Economy Economic anxiety isn't going anywhere.

Asset Allocation 254

Asset Allocation Financial Advising Assets Media 254

Discipline Funds

OCTOBER 20, 2023

Is it gold, commodities, TIPS, stocks, Bitcoin, real assets or something else? ” 1 So, it turns out that the best inflation hedge of the last few years wasn’t any of the assets we traditionally think of inflation hedges. 3) The “This is Fine” Economy. 1) What’s the best inflation hedge?

Economy 76

Economy Retail Government Banking 76

Abnormal Returns

NOVEMBER 12, 2023

allstarcharts.com) Strategy What it going to happen to all those assets in money market fund when yields eventually fall? awealthofcommonsense.com) Chances are, you don't need a bespoke portfolio. ft.com) Economy Q4 GDP is tracking at 2%. tker.co) On the divergence between consumer sentiment and the economy.

Financial Advising 229

Financial Advising Economics Economy Manufacturing 229

Abnormal Returns

JANUARY 5, 2024

Markets A look at major asset class returns in 2023. morningstar.com) A look at different variants of the 60/40 portfolio. etf.com) Economy The December NFP report showed continued payroll growth and a 3.7% visualcapitalist.com) Long technology, short utilities was the trade in 2023. unemployment rate.

Financial Advising 213

Financial Advising Media Economy Economics 213

Abnormal Returns

DECEMBER 3, 2023

wsj.com) Strategy Remember all that talk about how the 60/40 portfolio was broken? awealthofcommonsense.com) There are a lot of different asset allocations you can live with. axios.com) Economy Josh Brown, "The economy ought to be able to heal itself for the most part.

Asset Allocation 211

Asset Allocation Financial Advising Startup Economy 211

Discipline Funds

FEBRUARY 9, 2024

1) Portfolio Insurance. Anyhow, I will write something more detailed on this in the near future, but I have always liked the idea that certain “alternative” assets are insurance. The basic thinking is that stocks and bonds are the core assets in our financial system. T-Bonds are deflation insurance.

Insurance 90

Insurance Economy Portfolio Assets 90

Abnormal Returns

AUGUST 3, 2023

etf.com) Portfolio managers won't outperform if they get it wrong about the biggest seven stocks. wggtb.substack.com) Finance The Apple ($AAPL) Card savings account now has more than $10 billion in assets. economy didn't go into recession this year. epsilontheory.com) Economy Heavy truck sales are at a record high in the U.S.

Financial Advising 198

Financial Advising Portfolio Management Economy Media 198

Abnormal Returns

JUNE 26, 2023

Strategy Do alternatives belong in your portfolio? slate.com) Economy The Misery Index is falling rapidly. thinkadvisor.com) Aaron Brown, "When the economics of EMH is added to the mathematics of MPT, you get the financial revolution that created the Capital Asset Pricing Model and its many descendants." bloomberg.com)

Financial Advising 197

Financial Advising Media Economy Economics 197

Abnormal Returns

FEBRUARY 1, 2024

January 2024 How major asset classes performed in January 2024. collabfund.com) Four steps to build a no-fuss portfolio including eliminating redundant accounts. thinkadvisor.com) Economy The ISM manufacturing index seems to have bottomed. on.spdji.com) Strategy Overconfidence is a killer for investors.

Financial Advising 249

Financial Advising Taxes Manufacturing Media 249

Abnormal Returns

MAY 1, 2023

Markets How major asset classes performed in April 2023. ft.com) The amount of bank failures, measured by assets, rivals that of 2008. nytimes.com) ETFs Model portfolio shifts can have a big effect on ETF flows. etftrends.com) Economy Is the U.S. twitter.com) Crypto Gary Gensler's SEC has been busy.

Financial Advising 198

Financial Advising Startup Banking Manufacturing 198

Advisor Perspectives

APRIL 17, 2023

To kick off the beginning of 2023, there continues to be a bias we see in equity investor portfolios. These portfolios have many of the traits investors see at the endpoints of the economy like software, consumer products and computer chips.

Assets 40

Assets Portfolio Economy 40

Advisor Perspectives

NOVEMBER 29, 2023

Now it has become part of the indexing landscape, competing for assets with other quantitative approaches. My guest today will explain why, in today's intangible asset-driven economy, traditional metrics like price to earnings and price to book face challenges, making free cash flow a more relevant valuation metric.

Portfolio 52

Portfolio Valuation Assets Economy 52

Validea

AUGUST 9, 2022

In the past, the 60% stocks and 40% bonds portfolio strategy was an easy-to-maintain winning approach that offered good returns alongside solid protection during market turmoil. But when bond yields hit bottom in March 2020, the global economy was already undergoing a massive shift. The post The 60/40 Portfolio: Is It Dead?

Portfolio 59

Portfolio Financial Advisor Clients Management 59

Abnormal Returns

DECEMBER 15, 2023

slate.com) Economy Derek Thompson talks the impact of GLP-1 drugs with Zach Reitano CEO of the telehealth platform Ro and Dr. Robert Lustig. youtube.com) Investing Barry Ritholtz talks with Joel Tillinghast, portfolio manager of the Fidelity Low-Priced Stock Fund. (engadget.com) SiriusXM's ($SIRI) business has kind of stalled out.

Asset Allocation 147

Asset Allocation Portfolio Management Economy Portfolio 147

Abnormal Returns

JANUARY 11, 2023

Markets How does the 60/40 portfolio perform after big down years? economist.com) Alameda Research made a big investment in miner Genesis Digital Assets soon before the FTX unwind. cnn.com) Economy Some additional signs that the economy is rolling over. awealthofcommonsense.com) GMO loves deep value stocks.

Financial Advising 198

Financial Advising Startup Economy Media 198

Abnormal Returns

AUGUST 1, 2023

July 2023 How major asset classes performed in July 2023. ofdollarsanddata.com) What you leave out of your portfolio can be as important as what you put in. wsj.com) Economy "The Fed is no longer behind the curve." capitalspectator.com) The U.S. stock market is on a five-month winning streak.

Financial Advising 214

Financial Advising Retail Media Economy 214

Zoe Financial

APRIL 4, 2023

A diversified portfolio means investing in a variety of asset classes. Let’s discuss asset classes in terms of something everyone understands – shoes. Like asset classes, they each serve a purpose, and it is a good idea for your closet, and your portfolio, to have some of each. Boat Shoes – U.S.

Assets 52

Assets Portfolio Taxes Financial Services 52

Brown Advisory

SEPTEMBER 19, 2023

Business Resilience in Portfolio Construction bgregorio Tue, 09/19/2023 - 05:12 Only Time Will Tell While the old adage “only time will tell” generally refers to a future outcome, it reflects our belief that a truly enduring investment must have proven to be resilient under a variety of macroeconomic circumstances. Others such as U.S.

Portfolio 52

Portfolio Investing Investments Financial Services 52

The Big Picture

OCTOBER 28, 2023

The creator economy, as it’s known, is now a global industry valued at $250 billion, with tens of millions of workers, hundreds of millions of customers and its own trade association and work-credentialing programs. Wellington is one of the world’s top 20 asset managers, was founded in 1933, and runs $1.2 trillion in client assets.

Wealth Management 271

Wealth Management Financial Services Banking Management 271

Abnormal Returns

MARCH 13, 2023

ritholtz.com) The reversal in interest rates could relieve some pressure on bank portfolios. mailchi.mp) Why more assets are going to flow to systemically important banks. ft.com) Economy In a country as big as the U.S., local economies matter. marginalrevolution.com) Why Signature Bank went under.

Financial Guidance 130

Financial Guidance Financial Advising Startup Banking 130

The Big Picture

AUGUST 17, 2022

What’s obvious is that cheaper is better than more expensive; that there are inherent costs in managing an active portfolio that include more than just trading and taxes but research, analysis, PMs, etc. But that is not the same as becoming one of the most dominant asset managers in the world. Dangerous for economy.

Taxes 330

Taxes Portfolio Management Investing 330

Brown Advisory

SEPTEMBER 21, 2022

Resilience is Core to Sustainable Portfolio Construction. While the old adage “only time will tell” generally refers to a future outcome, it is apropos of our belief that a truly sustainable portfolio must consist of businesses that have proven to be resilient under a variety of macroeconomic circumstances. Wed, 09/21/2022 - 10:50.

Portfolio 86

Portfolio Manufacturing Investing Investments 86

Carson Wealth

JANUARY 16, 2024

We believe the odds of a recession remain low, with continued income growth, a recovery in rate-sensitive cyclical areas of the economy, and untapped potential for productivity gains helping to support the expansion. Market participants, strategists, policymakers, and the economy rarely saw eye to eye.

Investing 96

Investing Investments Marketing Marketing 96

Brown Advisory

SEPTEMBER 19, 2023

Importance of Business Resilience in Portfolio Construction bgregorio Tue, 09/19/2023 - 05:12 Only Time Will Tell While the old adage “only time will tell” generally refers to a future outcome, it reflects our belief that a truly enduring investment must have proven to be resilient under a variety of macroeconomic circumstances.

Portfolio 52

Portfolio Investing Investments Financial Services 52

Abnormal Returns

MARCH 14, 2023

(portfoliocharts.com) Safe assets aren't safe if there is a duration mismatch. theirrelevantinvestor.com) A lot of banks have big unrealized underwater bond portfolios. engadget.com) Economy February CPI showed 6.0% fortunesandfrictions.com) Even great companies will 'decline eventually.' nytimes.com) What's new in GPT-4.

Startup 198

Startup Financial Guidance Financial Advising Media 198

Abnormal Returns

JANUARY 3, 2023

Markets How major asset classes performed in December 2022. capitalspectator.com) 2022 was the third worst year for the 60/40 portfolio. nytimes.com) The UK has 'deconverged' from the rest of the global economy. nytimes.com) Economy Where various measures of the jobs market stand. etf.com) Global U.S.

Startup 188

Startup Valuation Financial Advising Distribution 188

The Big Picture

APRIL 17, 2023

from the burial economy. But as investors are discovering, they aren’t exactly set-it-and-forget-it assets. Money dominates our thoughts, but time is actually your most important asset. Make sure you manage your portfolio differently than they do. If you’ve already won the game, take your money off the table. (

Management 281

Management Assets Taxes Investing 281

The Big Picture

DECEMBER 12, 2022

The Hustle ). • What Is the Bond Market Saying About the Economy? A Wealth of Common Sense ) see also After a Terrible Year for Bonds, the Outlook Is Better : October capped their worst 12-month period ever, and the economy is under pressure. Has private equity avoided the asset-price crash? New York Times ). • Economist ).

Math 297

Math Economy Communication Economics 297

Advisor Perspectives

MAY 9, 2024

Shifting dynamics among global economies and markets present a range of opportunities for multi-asset portfolios.

Marketing 52

Marketing Marketing Economy Portfolio 52

Advisor Perspectives

JULY 17, 2023

economy will continue to drive market volatility. The traditional 60/40 asset mix is facing several challenges due to that volatility. Both stocks and bonds were battered in 2022, and while both have come back a bit this year, the uncertainty makes it difficult to optimize portfolio allocations.

Clients 96

Clients Portfolio Retirement Economy 96

Abnormal Returns

MAY 11, 2023

Markets What's the best asset to hold during a recession? ft.com) Softbank continues to mark down its Vision Fund portfolio. foreignaffairs.com) Economy Disinflation is in place, but it doesn't give the Fed room to cut rates. morningstar.com) If you invest in stocks there are going to be extended periods of poor performance.

Financial Advising 198

Financial Advising Media Economy Portfolio 198