03/12/2007 14:12 PM CDT Asked by consistent winner
Magician, thanks for the comments. I see that you teach mathematics and have a risk mgmt background. You, like so many of you academic colleagues, have confused volatility and risk. They are not the same thing. Standard deviation of monthly returns means nothing to an investor who knows what they're doing. On the other hand, the difference between price and value mean everything.

03/12/2007 00:06 AM CDT Asked by magician
I'm not sure what makes this portfolio "very cool". It's well-diversified, to be sure: average correlation of monthly returns over the last three-and-a-half years is less than +12%. But it's still quite risky: the minimum annual risk - standard deviation of monthly returns - achievable is very high at 29%.

Also, over that time CRYP would not have provided any risk-lowering diversification in any mix that included the remaining securities.

03/11/2007 23:35 PM CDT Asked by tweakie
Very cool portfolio.