INVESTMENT PROCESS
We believe everybody wants the same thing from their portfolio:
- Maximize Cash Flow early in retirement.
- Maintain consistent cash flow throughout retirement.
- Minimize short-term drawdowns (aka portfolio losses).
OUR CORE VALUES
Transparency and Education
Before partnering with you, we will show you our full investment process. We remove the veil of complexity so our partnership starts without any secrets.
After partnering with you, you will receive ongoing education. We believe that knowledge leads to confidence which empowers commitment to your investment process.
Evidence-Based, not Story-Based
We use systematic, rules-based trading designed to navigate changing market environments. Don’t predict. Prepare.
We’re not a fit for you if you like stories about buying the dip, selling the bottom, or individual stocks. You can find plenty of salespeople dressed like “advisors” or “portfolio managers” to impress you with those stories.
Globally Diversified and Adaptive
Portfolio design starts with a globally diversified basket of assets. Equities, Real Assets, and Bonds without a home country bias.
Rules-based decision framework that adapts to changes in market environments. We systematically calibrate your portfolio in response to material changes in the market.
Consistently Competitive and Robust to Chaos
Our “all-weather” approach is designed to provide consistent returns over various market cycles without forecasting.
Portfolios must be robust to chaos. We layer in a mathematically driven risk-management discipline to protect unmanaged market risk.
We achieve our investment outcomes while respecting core investment truths, taught by passive buy-and-hold (aka Boglehead investing):
- Nobody can time the market
- Use low-cost ETFs
- Buying and selling on the news of the day is a fool’s game
- There’s no investment advantage to individual stock-picking
We differ from passive buy-and-hold investing by layering a risk-management discipline over those core investment truths.
