Justin Thomason S5

📚 Historian & Teacher | 🔍 Market Fan | 🌐 Non-partisan |🎓 Learner | ✨ Empowering minds | 🚫 Not financial advice | 💸 Soon-To-Be CFP | 🔴🌽 HUSKER FAN

[Justin Thomason S5 @MrJThomason]

The Financially Free Long-Only Systematic 60-30-10 Portfolio FINAL 2024 performance vs raw 60-30-10 and benchmark 60-40.

FF: 27.76%
Raw 60-30-10: 21.86%
60-40: 9.31%

Notes:
- The overall portfolio outperformed the S&P 500 YTD performance
- The S&P 500 portion of the FF portfolio strategy outperformed the S&P index by over 10%
- The Bond allocation dragged the portfolio down because the YTD PnL was negative, but the FF strategy outperformed buy-and-hold, having spent most of the year out of the market.
- The FF Bitcoin strategy underperformed buy-and-hold. The strategy did not stay out of the market during the chop from March to October, which undermined the ability of the FF strategy to outperform, though it has outperformed over time. Will need to re-tool this allocation strategy.
- 60/40 sucks
- If bonds are going to suck from here on out, it doesn't make sense to have them as part of the strategy. In 2025, we will run a parallel strategy with a commodity allocation, preferably something non-correlated such as Gold.

[Justin Thomason S5 @MrJThomason]

The FF Long-Only Systematic 60-30-10 Portfolio YTD vs benchmark 60-30-10 and benchmark 60-40.

Performance week-ending 10/18/2024

FF: 23.49%
60-30-10: 18.05%
60-40: 11.77%

[Justin Thomason S5 @MrJThomason]

math is hard

[Ivana Seerzak-Staip @poemsforcheetos]

I can’t imagine the greed of an Elon Musk. He is worth 1 Trillion dollars. To put that in perspective, he could literally give 1 Billion dollars to every person in the United States and make millions of Billionaires, but he refuses to do it.

[Justin Thomason S5 @MrJThomason]

Market management

[Justin Thomason S5 @MrJThomason]

I was told in May that the metals were breaking out for their next run. Where are the metal bulls that sold you all their subs over the last three years?

[Justin Thomason S5 @MrJThomason]

amazing how an announcement that things are not going to happen that have not yet happened are still popping markets

[zerohedge @zerohedge]

TRUMP: HEZBOLLAH, ISRAEL AGREE NOT TO ATTACK EACH OTHER

[Justin Thomason S5 @MrJThomason]

Axios

[FinancialJuice @financialjuice]

🔴 Lebanese official told US that Hezbollah ready for full ceasefire with Israel - Axios

[Justin Thomason S5 @MrJThomason]

micron $MU has gone up >20% seven times
-May 2026
-Nov 2011
-Dec 2008
-Oct 2000
-Feb 2000
-Oct 1987
-Mar 1985

[Justin Thomason S5 @MrJThomason]

bullish

[zerohedge @zerohedge]

NVDA down 6 of the past 7 days

[Justin Thomason S5 @MrJThomason]

i was told there was a deal

[Justin Thomason S5 @MrJThomason]

Not when everyone is talking about it this way

[Beardo @BeardoTrader]

Will the Iran Peace Deal go down as the biggest “buy the rumor, sell the news” event in stock market history? $QQQ

[Justin Thomason S5 @MrJThomason]

Why

[First Squawk @FirstSquawk]

DONALD TRUMP: “IF JESUS CHRIST CAME DOWN AND COUNTED THE VOTES, I WOULD’VE WON CALIFORNIA BECAUSE I DO GREAT WITH HISPANICS.”

[Justin Thomason S5 @MrJThomason]

Axios

[zerohedge @zerohedge]

*GAPS IN US-IRAN DEAL REMAIN ON 'WORDING' OF SOME POINTS: AXIOS

[Justin Thomason S5 @MrJThomason]

Wonderful that they choose to do these things after market close on Friday!!! Im sure it will all be shored up by Sunday evening or Monday morning when another deal will be close

[The Hormuz Letter @HormuzLetter]

BREAKING: A source close to Iran's Ghalibaf says Iran's "third struggle" plan announced by the IRGC will close Bab el-Mandeb Strait "by fire" and disable the seven submarine internet cables under the Strait of Hormuz, in immediate response to upcoming US strikes that Iran has assessed as "inevitable," for this weekend.

The source adds that Iran will also respond with "next-generation missiles and drones" firing hundreds daily at the Gulf energy infrastructure, and that the US and Israel are playing "Russian roulette" with the outcome being the "collapse of the global economy and unprecedented gas prices."

[zerohedge @zerohedge]

60 minutes left: brace for a barrage of completely made up Iran headlines

[Justin Thomason S5 @MrJThomason]

of course he does. otherwise people wont buy them hand over fist today

[First Squawk @FirstSquawk]

MICRON CEO SEES MEMORY CHIP SHORTAGE LASTING BEYOND 2026

[Justin Thomason S5 @MrJThomason]

@Rory_Johnston thats because there are other headlines that are coming out simultaneously that look hopeful

[Justin Thomason S5 @MrJThomason]

whiplash

[FinancialJuice @financialjuice]

🔴Negotiations in Tehran have reached an understanding on broad lines regarding the nuclear file - Sources to Sky News Arabia

https://t.co/nByorKEX9H

[Justin Thomason S5 @MrJThomason]

bullish probably

[*Walter Bloomberg @DeItaone]

IRAN FOREIGN MINISTRY SAYS DEAL NOT CLOSE

IRAN FOREIGN MINISTRY SAYS NO IMMINENT AGREEMENT

[Justin Thomason S5 @MrJThomason]

so did he arrive 40 minutes ago or 30 seconds ago?

[FinancialJuice @financialjuice]

Pakistan Army Chief Munir arrives in Tehran - Iran's ISNA.

[Justin Thomason S5 @MrJThomason]

also not getting the nod for Fed Chair may have helped

[zerohedge @zerohedge]

*WALLER: RECENT LABOR, INFLATION DATA TURNED ME ON RATE BIAS

[Justin Thomason S5 @MrJThomason]

Axios

[First Squawk @FirstSquawk]

THE COMMANDER OF THE PAKISTANI ARMY FIELDMARSHAL ASIM MUNIR IS TRAVELING TO TEHRAN IN AN EFFORT TO REACH A DEAL BETWEEN IRAN AND THE U.S. ON ENDING THE WAR, A PAKISTANI SECURITY SOURCE TOLD ME - AXIOS