My All-Weather Portfolio Report: Dramatic Climate Change And Mean Reversion Underway
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Ralph Wakerly1.86K FollowersFollow5ShareSavePlay(16min)CommentsSummaryMy contrarian, conservative all-weather portfolio is up 23% YTD, an uncharacteristically robust performance given its low risk profile.Mean reversion has accelerated this year for precious metals, foreign and emerging markets equities, natural resources and MLPs. Valuations suggest more upside potential.Valuations and investor sentiment demonstrate a dramatic investing climate shift that at best portends weak returns for U.S. equities over the next ten years and at worst, a crash.I’ve made some adjustments to my all-weather portfolio mostly due to personal goals, but in part due to changes in market conditions. NirutiStock/iStock via Getty Images Introduction After a hiatus due to moving, I am happy to be back in action on Seeking Alpha. Here in Chicagoland, we have experienced the snowiest winter start in 47 years. As of December 7, 17.1 inches of snow had fallen in Chicago. DuringThis article was written byRalph Wakerly1.86K FollowersFollowI am an investor, entrepreneur and consultant with over 35 years of investment experience. I employ a macro-style, passive, index-based all-weather investment approach. I emphasize capital preservation, with a value orientation and contrarian bent. I manage and advise on family portfolios collectively valued in the eight-figure range. Background includes a B.S. Industrial Engineering and MBA in investments from University of Illinois, Urbana-Champaign, plus 11,000+ hours of investment management and research. Accomplished entrepreneur, consultant and business owner. My passion is to help individuals improve their financial literacy and investing skills. Besides writing for SeekingAlpha and Advisor Perspectives, I've presented at universities, churches and other community organizations.Analyst’s Disclosure:I/we have a beneficial long position in the shares of VEA, ISCF,DGS,GLD,SGOL,SIVR,GUNR,MLPX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaimer: My articles may contain statements and projections that are forward-looking in nature, and therefore inherently subject to numerous risks, uncertainties and assumptions. The information is based on my research and is subject to possible errors and omissions. While my articles focus on generating long-term risk-adjusted returns, investment decisions necessarily involve the risk of loss of principal. Individual investor circumstances vary significantly, and information gleaned from my articles should be applied to investors’ own unique investment situation, objectives, risk tolerance and investment horizon. I am not a Registered Investment Advisor or Financial Planner. I disclaim all liability with respect to investor actions taken based on the information provided here.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You