Category Archives: Uncategorized

You expect things to go badly And they don’t That you call good luck You expect things to go well And they don’t That you call bad luck Because you lack an understanding of uncertainty You put your trust in … Continue reading →

In the previous posting we called attention to the call for 40% fixed, 60% equity in July.  What does a 60/40 allocation look like as of Jan 1? It now projects 20% more downside risk than upside potential if only … Continue reading →

                                      Where did PMPT say we were in July 2018? The graph below shows the effect of increasing equity above 60% (left graph).  The upside potential ratio for the active portfolio with a 6.2% allocation to VGT, the Vanguard Growth … Continue reading →

  I have now sold my stock in Tesla at a ridiculous profit.  Still have the car and love it!   It has been a long time since my last posting on Elon Musk.  Since then I have bought a … Continue reading →

Recently deceased scientist, Stephen Hawking, said to a graduating class, “The next century [21st] will be the century of complexity” and encouraged them to embrace it.  Yes, we should not fear it, but embrace it by gaining knowledge of a … Continue reading →

  Figure 1   Who knew last November that the market would crash in February? That was the beginning of the Trump rally which just collapsed (Figure 1). In June of last year Kal Salama and I posted an article … Continue reading →

     Frank Sortino & Kal Salama  In an Uncertain World If you believe the uncertainty associated with investing in the indexes shown in Figure 1 is bell shaped, and it is not, all your metrics for performance measurement and asset allocation … Continue reading →

The Upside Potential Ratio 2017 update with this link to: The Forsey-Sortino Model-1 software  This dropbox link may ask you to sign in but at the bottom you can skip this step. This zip file contains two files: Forsey-Sortino.exe and a Microsoft … Continue reading →

PRI-Rom Contract The term, “Post-modern portfolio theory (PMPT)” was first used by Brian Rom to describe the underlying theory of an asset allocation model developed by The Pension Research Institute (PRI) called Primix. Mr. Rom wrote a very favorable article … Continue reading →

By Frank Sortino & Hal Forsey[1]                           `Would you tell me, please, which way I ought to go from here?’                           `That depends a good deal on where you want to get to,’ said the Cat.                                                                                                             Lewis Carroll   … Continue reading →