sailrmac

Darren McCammon

sailrmac’s Activity

Today

NL

Boards Post

sailrmac replied to the Real Estate Inv. Trusts: REITs board. 2:14 PM

Re: CORR - Anybody?

Wow, you are right. Because CORR is a REIT I just assumed the dividends would be fully taxable at marginal rates. I had no idea the distribution retained a lot of tax advantages.

Thank You!

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 2:00 PM

Re: A study on the Bear-Catchers v2

Some observations:

1.) This was an important piece of work. Thank You!
2.) Measures purely focused on risk, for example GSD or DD, will tend to be maximized by Any1. There is little risk of loss to being out of the market, therefore any [more]

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 1:25 PM

Re: A study on the Bear-Catchers

Some observations:

1.) This was an important piece of work. Thank You!
2.) Measures purely focused on risk, for example GSD or DD, will tend to be maximized by Any1. There is little risk to being out of the market, unfortunately there is [more]

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 12:28 PM

Re: A study on the Bear-Catchers

The results can be interpreted differently by different people. For instance some will say maximizing Sharpe is far more important than the other measures so whatever makes the greatest improvement to Sharpe is what matters.

However, I have [more]

Tue Jul 22

CAPS Outperform Pitch

sailrmac wrote about MTR Gaming Group, Inc. (MNTG) . 4:01 PM

MNTG Outperform

Merger places price of $6.05 cash on up to 20% of shares, a 25% upside from here. Other gaming companies trade on average at 10x EBITDA; a 50% upside from here.

Caps Pick

sailrmac made a pick in CAPS. 4:01 PM

MTR Gaming Group, Inc. (MNTG) will Outperform the S&P 500

Wed Jul 16

NL

Boards Post

sailrmac replied to the Macro Economic Trends and Risks board. 1:50 PM

Re: The coming Bust

"It doesn't matter if it's stocks, bonds and commodities in global markets or corn, kale and avocados from the local farm stand: if almost everything is going up at the same time with no end in sight, something is obviously [more]

Tue Jul 15

NL

Boards Post

sailrmac replied to the Real Estate Inv. Trusts: REITs board. 3:15 PM

Re: MILL-D

More news on MILL. They missed earnings estimates.

[more]

Mon Jul 14

NL

Boards Post

sailrmac replied to the Macro Economic Trends and Risks board. 3:13 PM

Re: Defining risk

Hi Poz,

I think of risk in two ways:

1.) The risk of the portfolio declining in value. This can be thought of as maximum portfolio drawdown. Maybe I shouldn't care about this as long as the portfolio still meets my needs, but I do. [more]

NL

Boards Post

sailrmac replied to the Macro Economic Trends and Risks board. 2:45 PM

Re: Risk Control 2 -portfolio risk

Wendy,

I know of only two assets which were not significantly correlated to the market, suffering significant drawdowns during the last crash, treasuries/cash and gold/precious metals. I utilized one of them.

Even muni bonds were [more]

NL

Boards Post

sailrmac replied to the Macro Economic Trends and Risks board. 2:08 PM

Re: Risk Control 2 -portfolio risk

Oh, I see your point now. You are correct, I added cash instead of replacing holdings with cash. That was just laziness on my part but you are right it would have been more correct.

NL

Boards Post

sailrmac replied to the Macro Economic Trends and Risks board. 2:06 PM

Re: Risk Control 2 -portfolio risk

Hi MisterFungi,

Thanks for the reply. I actually think of risk more as maximum drawdown than volatility. Unfortunately, I am limited by the capability of the tools available.

Glad you liked [more]

NL

Boards Post

sailrmac replied to the Macro Economic Trends and Risks board. 2:01 PM

Re: Risk Control 2 -portfolio risk

I agree that cash is a non-performing asset which is almost guaranteed to lose a little bit of purchasing power every year. However, it is still an asset.

The point of adding cash was to purposely bring the YMBC portfolio's return down to [more]

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 1:37 PM

Re: OT: Portfolio Risk vs. Individual Security R

ETNs do add an extra layer of business risk. These ETNs are issued by UBS; the largest Swiss bank in the world with over $1 trillion in assets. UBS is comparable to Wells Fargo in the US.

Frankly, if UBS went under, the entire world would [more]

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 1:19 PM

Re: OT: Portfolio Risk vs. Individual Security R

One of the grey dots is probably representative of a savings account. It should be labeled savings account. The software automatically puts that and the market circle in as a choice in order to show risk and return relative to other choices. [more]

NL

Boards Post

sailrmac replied to the Real Estate Inv. Trusts: REITs board. 1:06 PM

Re: mREIT dividend vs. volatility

Oh good, glad you were able to make it work. Any comments on the volatility in NLY vs. MORL or the volatility in any mREIT vs. an mREIT index (even if it is 2x)?

NL

Boards Post

sailrmac replied to the Real Estate Inv. Trusts: REITs board. 1:05 PM

Re: mREIT dividend vs. volatility

Well, I don't know what to say. It works fine for me. Did you scroll your cursor over the graph to see the values? The one furthest to the right would be the current value, which is the one I used.

Sat Jul 12

NL

Boards Post

sailrmac replied to the Macro Economic Trends and Risks board. 1:38 AM

Re: Risk Control 2 -portfolio risk

"I wish that both mungofitch and Reitnut would read your article and add their expertise."

I hope they read the blog and comment too.

NL

Boards Post

sailrmac replied to the Real Estate Inv. Trusts: REITs board. 1:02 AM

Re: mREIT dividend vs. volatility

Yep, the volatility calc tool. Just change the name to whatever equity symbol and dates you want. You will get a graph showing not just a how the volatility has changed over time but the current volatility value. That will of course change based on [more]

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 12:52 AM

Re: OT: Portfolio Risk vs. Individual Security R

Thanks for posting the correct link. Another poster also commented that the link I attached didn't work but I have no idea why.

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CAPS Player Rating 78.56
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Score 475.65
Score Change Today +12.42
Accuracy 54.33%
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Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 4469
Recs Received 6490
People who have rec'd these posts 1533
Recs to Posts Ratio (last 30 days) 3.90
Threads Started 422
Threads Started Percentage 9.44 %
Most Frequent Board Macro Economic Trends and Risks
Very First Post Re: Alternate Standard of Risk (8/28/1999)
Percentage of Posts Rec'd 49.07 %
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