Author Archives: Frank Sortino

About Frank Sortino

Frank Sortino is finance professor emeritus from San Francisco State University and Director of the Pension Research Institute which he founded in 1981. For 10 years he wrote a quarterly analysis of mutual funds for Pensions and Investments Magazine and he has written two books on the subject of Post Modern Portfolio Theory. He has been a featured speaker at many conferences in the U.S., Europe, South Africa, and the Pacific Basin. Dr. Sortino received his Ph.D in Finance from the University of Oregon and has carried out research projects with many institutions like Shell Oil, Netherlands and The City and County of San Francisco Retirement System.

Flags are UP – I’m back in

Next years capital gains taxes will be high and I’ll cry all the way to the bank.

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A lot of Flags are flying

I am currently offered three ways to lose money: I can buy money market funds for an average of .07% return and lose principal due to inflation. I can buy bonds and lose money due to increases in interest rates. … Continue reading

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The Theory of Relativity

This absolutely bad financial environment we find ourselves in, is only temporary. In a war zone, like the Ukraine, being a wounded person is a relatively good thing, that is, relative to someone who is dead. But the next bullet … Continue reading

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Rothschild said: “Buy when there’s blood in the streets”.

That was then, now it’s Algo.

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A Funny Thing Happened on Thursday

We got an UP Flag. Remember that 70% sale on Wednesday? Back in the market on Thursday morning. I know, what about the taxes. Yes, I have a lot of short term capital gains to pay in April. What about … Continue reading

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Media was Right…but so were Flags

Yesterday at 10:00 am PT we received two down flags from Algodynamix and sold 70% of our portfolio holdings on our R42 AI Equity Hedge Fund (Not available to the Public). That is not standard portfolio management and you will … Continue reading

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Wrong Again!

This is when you should have sold! The media is scaring investors and Biden is listening to the wrong people and talking to the wrong person.

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Stanford University AI Driven Investing Class

Registrations opens February 22nd for the investing class Ronjon and I will be teaching Live online course in Stanford Continuing Studies,  Bus 104: Investing in the 2020’s – Stocks, Bonds, Venture Capital, Crypto and Beyond , starts March 28th, taught by Frank … Continue reading

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No Market for Mere Mortals!

This has been the craziest market I can remember in my past umpty ump years. If you look back at the many in and out postings this year you will see that I fared pretty well. However, I can not … Continue reading

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Time to get back in the water

I agree with Bloomberg, attacking tech companies is a stupid idea, but remember, this is our congress talking and talking is what they do well. They will still be talking about it in 2024. Inflation is the real and eminant … Continue reading

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