steve agnew

Ph.D. in Chemical Physics from Washington State University, 15 yrs at Los Alamos National Laboratory in Chemistry, lots of other accolades...loves nuclear...

[steve agnew @sfagnew]

@jasonzweigwsj @Ritholtz @ClementsMoney Found your columns useful. Agree the greatest risk for investing is poor advice from well-meaning advisors. Investing is a business just like any business. Investors make money by investing themselves, by investing for others, or as paid commenters..

[steve agnew @sfagnew]

@QTRResearch ...and every other business as well. Investing is a business because of a cash flow from taking profits. Right now, it is a very profitable business...but only if you follow the Market...or comment on the Market...

[steve agnew @sfagnew]

@christine_benz Christine,
Thanks so much for your advice. Retired 2022jan01 and a big follower of your but my issue is what happens when myPortolio doubles in 3.5 yrs. MyPortfolio makes more money per year now than I ever made working...

[steve agnew @sfagnew]

@DavidLWagner4 Bring in the LN2 for God's sake...

[steve agnew @sfagnew]

@AswathDamodaran Why don't expert investors all have the same Market returns? For the same reason that all investors accept lower than Market returns. Which investors get the excess returns above what all other investors accepted as lower than Market?

[steve agnew @sfagnew]

@LizAnnSonders There is something wrong with this plot...etfSector materials is up 18% ytd, not just 12%, and etfSector energy is up just 22% ytd, not 41%...

[steve agnew @sfagnew]

@excessreturnpod Sector diversity is the key to successful investing. Factor investing is useful for diversification because sector stocks tend to have similar factors...

[steve agnew @sfagnew]

@LizAnnSonders Here is my sector returns dispersion...

[steve agnew @sfagnew]

Here are the etfs with good returns ytd…

[steve agnew @sfagnew]

Materials up 18%, industrials up 13%, and software down -20% ytd. Guess which is due to AI?

[steve agnew @sfagnew]

@rodryanshow Footballus...

[steve agnew @sfagnew]

@GreenShades9 @RapidResponse47 Yes, we should rename U.S. football footballus to keep the traditional sound but still make is clear enough to say easily...

[steve agnew @sfagnew]

I find your columns useful, but emotions and feelings really drive all decisions because our primitive mind makes decisions. We think we make decisions with our rational minds but it is the primitive mind that rules. This means that investors always overbuy rallies and inflate valuations and likewise oversell corrections and deflate valuations...

[steve agnew @sfagnew]

@MorningstarInc @christine_benz Just listened to Ray Dalio interview. Dalio recommends at least 15 good uncorrelated return streams for diversification that gives 12%/yr return average. So 80 stocks are necessary for this...

[steve agnew @sfagnew]

Thanks for talking about diversification. You should also mention that diversification allows a portfolio to follow the Market risk. You should also mention how many stocks a retail portfolio needs...mine has 80...

[steve agnew @sfagnew]

It is time to short squeeze Kohl's now short way oversold at 51%...

[steve agnew @sfagnew]

@astro_Pettit Good job Don!

[steve agnew @sfagnew]

@agnewsd Ok… so where is your money with Houston…

[steve agnew @sfagnew]

@LindaRaschke Like your style... am in long, 8.3% at 96... first time with tlt yield at 3.7%... why the huge 21% short?

[steve agnew @sfagnew]

@larryswedroe To summarize your four recommendations:
1) Decisions based on evidence, not opinion;
2) Emphasize etfs and index funds;
3) All stocks have similar risk adjusted returns;
4) Hyperdiversify across all asset classes.