Search found 3 matches

by Jhonny
Fri Dec 25, 2015 7:11 pm
Forum: Personal Investments
Topic: TLH: VTIAX/VFWAX not substantially identical? How do we "get back" from TLH positions?
Replies: 5
Views: 866

TLH: VTIAX/VFWAX not substantially identical? How do we "get back" from TLH positions?

Dear all, I believe I have an opportunity to TLH a few thousand dollars worth of VTIAX, but TLH is something I've never done before. I believe I have a reasonable understanding of the basics, but a few questions remain that I'd like to understand better. 1: TLDR; how confident can I be that VTIAX an...
by Jhonny
Fri Sep 18, 2015 2:27 am
Forum: Investing - Theory, News & General
Topic: Global Stocks — Market Cap vs. Revenue Exposure
Replies: 17
Views: 2327

Re: Global Stocks — Market Cap vs. Revenue Exposure

Why should I care how my portfolio compares with regional revenue exposure? Any more than GDP, literacy, or wine production? I would assume we should care if revenue exposure is an important driver for returns, volatility and correlations. I can't name a specific theory, but I'm sure someone theore...
by Jhonny
Fri Sep 18, 2015 2:15 am
Forum: Investing - Theory, News & General
Topic: Global Stocks — Market Cap vs. Revenue Exposure
Replies: 17
Views: 2327

Re: Global Stocks — Market Cap vs. Revenue Exposure

We can construct many pie charts of national thingies that will differ from global market cap, but the question is: under what theory are they relevant to the allocation of our own portfolio? Assuming you don't invest in the global market-cap stock index yourself, Nisi, and instead split your equit...