Strategies – Page 189 – Smarter Investing

The Everyday Portfolio outperformed the S&P 500 this month due to its overweighting of less volatile assets.

Performing with lower volatility than the market

Matthew Pierce, manager of the Island Light Capital Income Portfolio, plans few changes despite market declines.

The company reported disappointing quarterly earnings and replaced top management.

We reserve spots in the portfolio for high-quality companies that no quant model will ever find.

The only saving grace we have is that we cut losses quickly, so we live to trade and invest another day.

Recent news that Spain is back in a recession has caused some concern among global investors.

The agency also reported good earnings on May 2 that showed the success of its strategy.

Iconix has grown its revenues from $30 million to almost $400 million over the last 5 years.

I plan to maintain my current asset allocation strategy.

The model remains positioned to benefit from reduced market volatility ahead.

The most bullish market factor is still the upward trend in earnings estimates for the S&P 500 in 2012.

This is the sort of bullish consensus I like to see; the Big Money is optimistic without being euphoric.