I just shared the Marathon Investor value proposition with my Russian readers on Finsovet blog. You can find the main thesis in the previous post. I also shared how my approach evolved with experience - more on that later.
Next update is due on November 12th. Main themes: - A look ahead: with the US market above 200-day SMA, shall we switch risk on in our strategy? - Your learning is most important in this journey - I am not pitching you to piggyback the strategy. You can do better, and I help explaining what is the rationale for each holding. - Fair value! Just $7 for full access to MI archive in November. Pricing will depend on performance. - We compare the strategy with strong GMO and Blackrock global allocation funds, as well as with a passive allocation - AOM ETF. - +(-)25 cents for each 100 b.p. out(under)performance of any of the mentioned peers, OR - +(-)50 cents for each 100 b.p. of the downside protection vs. peer negative returns, - where performance is annualized total returns since MI inception. - The price will be set for the upcoming 3 months starting from December. |
