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by Paul Douglas Boyer, MadMoneyMachine.comBEST BUSINESS PODCAST NOMINEE 2006 and 2007. Paul Douglas Boyer takes on Wall Street with complete laziness and reviews the Mad Money recommendations of Jim Cramer. Plus: Money-making idea segments like Guru Roulette, Tools in the Crib, and Portfolio Smackdown. Subscribe to get the lastest episodes! More info at MadMoneyMachine.com.
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Lazy Portfolios Q3 Update
29/09/2007
Here’s a summary of how the “Lazy Portfolios” have done through the 3rd Quarter of 2007. Below is the Long-Term Sort. Click here to see the Short-Term Sort and more detail of the makeup of each portfolio here and on the podcast. I also show each portfolio’s annualized performance for the previous 1.75 and 2.75 years. NOTE THAT THESE ARE THE EQUITY ONLY PORTIONS OF EACH PORTFOLIO. I REMOVED THEIR BOND COMPONENT (IF ANY). 2007 Annualized Annualized Lazy Portfolio YTD Since 12/31/05 Since 12/31/04 IndexFolio 100 TBD TBD TBD IndexFolio 95 TBD TBD TBD IndexFolio 90 TBD TBD TBD WisdomTree 10.1% N/A N/A Bill Schultheis' Coffeehouse Portfolio Three ETF 8.7% 17.5% N/A Scott Burns' Six Ways from Sunday Portfolio 12.2% 20.7% 20.7% Ted Aronson's Lazy Portfolio 15.7% 20.6% 19.5% Merriman Vanguard Equity 10.7% 20.2% 17.9% Andrew Tobias' Lazy Portfolio 12.8% 19.7% 16.5% Scott Burns' Margarita Portfolio 12.8% 19.7% 16.5% John Wasnik's Nano Investment Portfolio 7.2% 18.6% 15.9% Scott Burns' Five Fold Portfolio 6.9% 18.3% 15.7% Scott Burns' Four Square Portfolio 6.9% 18.3% 15.7% Mad Money Machine: Do It Yourself 8.6% 17.4% 15.6% Jim Lowell's Sower's Growth Portfolio 12.1% 17.8% 15.6% David Swensen's Lazy Portfolio 7.1% 17.7% 15.1% William Bernstein's No Brainer Cowards Portfolio 8.3% 16.9% 14.8% Ben Stein 2007 8.0% 16.2% 14.3% William Bernstein's Basic No-Brainer Portfolio 9.7% 16.4% 13.6% Bill Schultheis' Coffeehouse Portfolio Vanguard 5.4% 15.7% 13.2% Frank Armstrong's Ideal Index Portfolio 8.0% 15.0% 12.7% Bill Schultheis' Coffeehouse Portfolio ETFs 3.3% 14.4% 11.8% Scott Burns' Couch Potato Portfolio 8.7% 13.9% 11.0% Ben Stein Retirement -2.6% 12.4% 10.9% Dow Jones 11.6% 16.2% 9.7% S&P 500 Index 8.0% 12.4% 8.9% NASDAQ Composite 12.2% 12.5% 8.3%
MMM-080: Fill In the Blank
27/09/2007
The strength cannot be underestimated. It is not investing, it is speculating. Ruby In The Dust, full version. I ENCOURAGE you to Download this show thru iTunes! But, if you just can't possibly deal with that then go ahead and Play the new show right now You listeners moved EconTalk up 6 notches in the iTunes charts! I got my XBOX back. It works great, knock wood. I got a copy of Halo 3. I play the COMPLETE version of "Ruby In The Dust" If an 8-year old can get an investment portfolio right, so can you! I am a closet market timer. I waited to re-invest my tax-loss harvest. Boooo! A caller to the voicemail line relates his story about a bad bad investment advisor exploiting him. I play the musical version of Step 9: History I'm reading Offside: Soccer and American Exceptionalism (see below) I just learned about Generation adidas. We study Cross Correlation this week and why it is important in your portfolio. Music from music.podshow.com: ALTA PLAZA - XRAY DOGS Ruby In the Dust - The Michael E. Thomas Band The Mad Money Machine is proud to be sponsored by Index Funds Advisors at ifa.com. Email me: feedback at Mad Money Machine dot com, or comment, or Call me on the Mad Money Machine voicemail line at 206-734-4763
please stand by for show 80…
26/09/2007
I did some recording for show 80 (No, not another interview) the past couple of days and when I had put some of it together, it did not come up to my quality standards content-wise. So instead of releasing rubbish, I’m going to take another crack at it today and for however long it takes [...]
MMM-079: Meta EconTalk with Russ Roberts
19/09/2007
An interview with the host of my favorite podcast: Russ Roberts of EconTalk available in iTunes and at EconTalk.org. Why economics is not boring. Background about his show. Hayek, Wikipedia, and Libertarianism. I ENCOURAGE you to Download this show thru iTunes! But, if you just can't possibly deal with that then go ahead and Play the new show right now Of the 125,000 podcasts that Apple says are available in iTunes, EconTalk hosted by Russ Roberts is my favorite. I had the privilege of interviewing him today to find out more about his podcast, how and why he got into economics, what a listener might want to know before listening to EconTalk, and then how to solve some of the world's problems through better economics. Russ is interested in making economics understandable to the non-economist. Economics is more than just the stock market, interest rates, and inflation. It is about scarcity and making choices. He blogs at CafeHayek.com. He writes novels. He does the EconTalk podcast. He was good in Economics in high school. Started doing more unusual things like writing novels to communicate the ideas in economics. He believes we live in an incredible time due to the wide availability of information on the Internet. We discuss the economics of EconTalk itself. He does a mix of interviews, some face-to-face, some over the phone. He interviews some colleagues and other notables in economics. The podcast is part of a project at Econlib.org. Also the Online Library of Liberty. Classic works are online such as Adam Smith. They have a concise encyclopedia of economics which Russ says is an incredible resource. His book The Choice is a primer on trade written in the form of a novel. A dialog between a fictional television factory manager in the 60's who is worried about competition from Japan. Be sure and read the newest, 3rd edition which is updated for contemporary issues (and is actually cheaper). His thesis is that trade is overwhelmingly beneficial for those who participate. His new book might be called The Price of Everything. It is about how the modern economy allows us to plan and dream and fulfill our desires of a wide variety both material and non-material that don't require a central planner. Our various dreams weave together smoothly. He points out why we have the most successful economy in history. Why do we take it for granted? A train is the wrong metaphor. Instead, it is a tremendous, organic thing that is hard to harm. It will come out next year by Princeton University Press. He says many books have come out recently about economics for people with no economic background. Recommends books like those from Steve Lansberg, Tim Harford's The Undercover Economist, Robert Frank's The Economic Naturalist, Tyler Cowan's Discover Your Inner Economist. Freakonomics, Freedomnomics. Thomas Sowell's Basic Economics. How do we deal with the incredible flood of media and information that is available to us today? Russ says we will always look for filters to help us choose the things to see, hear, and read. The non-centralized, self-organizing techniques that are emerging to help make recommendations of what information and entertainment to consume. He says we are still at the beginning and things are continuing to get better and better. We briefly discuss how to better raise children. We don't need to teach them PowerPoint and keyboarding. Instead, play with them athletically and through great boardgames like Settlers of Catan and Puerto Rico. And read, read, read. I ask him how he responds to the dreaded question at parties: "So what do you do?" He used to say he writes novels about economics. I ask about three things that seem to recur on EconTalk: Hayek, Wikipedia, and libertarianism. Russ says his shows may vary on their level of discourse from highly sophisticated to those more for beginners. Hayek's central idea is that of self-organizing system or the way that marke
MMM-078: It’s a Sucker’s Game
12/09/2007
Jim Cramer says active trading is "a sucker's game." More about the Tax-Loss Tango. Soccerhead and American soccer mania. The mathematical formula for happiness = S + C + V. Mark Hebner explains Step 9. I ENCOURAGE you to Download this show thru iTunes! But, if you just can't possibly deal with that then go ahead and Play the new show right now Cramer says active trading is "a sucker's game." More discussion about the "Tax-Loss Tango" Fantastic book: Soccerhead by Jim Haner, explains why I never heard much about soccer when growing up. Do you realize that today more kids play soccer than baseball? Go Women's National Team! I found the mathematical formula for happiness and it is this H = S + C + V. Happiness equals your happiness Setpoint plus your Conditions plus your Voluntary actions. We need a compendium (say, a Wikipedia article) of all songs that have whistling in them! Our Guru explains how investing is like amateur tennis and golf. Just avoid mistakes. He says day trading is a "sucker's game." Mark Hebner explains Step 9: History and why we need to understand how markets have performed over the long term. Be sure and get back here quickly next Tuesday for show 79! A very special interview with my FAVORITE podcaster. Music from music.podshow.com: ALTA PLAZA - XRAY DOGS Loser - Daiki Happiness Is Like A Kiss - Mike McGill Brand New Sucker - Jonathan Coulton Loser - Comeg The Mad Money Machine is proud to be sponsored by Index Funds Advisors at ifa.com. Email me: feedback at Mad Money Machine dot com, or comment, or Call me on the Mad Money Machine voicemail line at 206-734-4763
