Strategist
Location: New York, NY, United States
Contributor's Links: Wave-Trend Strategy
30+ yrs in finance with a concentration in asset allocation

ALL CONTRIBUTIONS

Equities / Fixed Income Wave-trend Update For The Week Ending May 26
The wave trend suggests that VTI will outperform.
Read
The AI Fund That Appears To Be Failing
If the AI-Powered Equity ETF (AIEQ) were a stock we'd call it a microcap. Assets are low, turnover is high, volume is low and holdings are ... odd.
Read
Equities Wave-Trend Week Ending May19
Examining the wave-trend for the total market as represented by VTI.
Read
The Biggest Issue With The Climate: The Gas Powered Car
Time to start supporting EVs.
Read
Deflation Is Upon Us
Credit deflation appears.
Read
Sustainability Investments Exceed All Expectations
In 2022, climate-related private market investment significantly exceeded the overall market in terms of deal activity, cash deployed, and capital flows into specialized funds.
Read

STOCKS I FOLLOW

AIEQ AI Powered Equity ETF
BND Vanguard Total Bond Market ETF
GOLD Barrick Gold Corporation
SPY SPDR S&P 500

TWEETS

PERSONAL BLOG

Latest Posts
Equities / Fixed-Income Wave-Trend Through May 26
The ETFs are proxies for equities and fixed -income.
FTSE Russell Study Points To The Importance Of Valuation
The authors look at the US high yield credits (US HY) and US equities to find out how starting valuations have historically predicted future returns, where current valuations are, and what they could imply for future returns.
Wave-Trend And Allocations For The Week Ending May 19
The Elliott Wave Oscillator (EWO) is the difference between a five-period and a thirty-five-period simple moving average. The Golden Cross utilizes the 200-day moving average. The Wave-Trend combines the two.and finds change in a combined trend.
Fixed-Income Wave-Trend For The Week End May 19
The Elliott Wave Oscillator (EWO) is the difference between a five-period and a thirty-five-period simple moving average. The Golden Cross utilizes the 200-day moving average. The Wave-Trend combines the two.and finds change in a combined trend.
5 Book Recommendations From Jeremy Grantham
Jeremy Grantham, the renowned investor and co-founder of Grantham, Mayo, & van Otterloo (GMO), has recommended a number of books over the years. These book recommendations can be found in various interviews, speeches, and writings by Grantham:
Wave-Trend Allocations For The Week Ending May 12
The Elliott Wave Oscillator (EWO) is the difference between a five-period and a thirty-five-period simple moving average. The Golden Cross is a longer-term trend measure that utilizes the 200-day moving average. The Wave-Trend combines the two.
Munger On Deworsification
During the recent Berkshire Hathaway Annual Meeting, Charles Munger explained why some investors can’t tell their best ideas from their worst. Here’s an excerpt from the meeting:
5 Book Recommendations From Warren Buffett
Warren Buffett, the renowned investor and Chairman of Berkshire Hathaway, is also known for his avid reading habits and the value he places on continuous learning. Buffett often recommends books that have influenced his thinking and shaped his investment philosophy.

Work Experience

Developer
Self-Employed
September 2022 - Present (10 months)
I developed 2 algorithms for a value and momentum asset allocation strategies.
Asset Allocation Strategist
Self-Employed
March 2021 - August 2022 (1 year 6 months)

I developed investment systems and asset allocation applications for fiduciary plan sponsors, investment advisors, and investment companies.

Principal Consultant
Fiduciary Focus, LLC
January 2018 - March 2021 (3 years 3 months)

A trusted advisor to senior executives at mid-to-large sized professional services firms on retirement plans through my firm, Fiduciary Focus, LLC.

Principal Strategist
TG Asset Management, LLC
April 2010 - December 2017 (7 years 10 months)

Oversaw asset management firm designed for retirement plan assets. Developed and launched a dynamic asset allocation approach and system for counseling plan sponsors and retirement plan participants.

Co-Portfolio Manager, Director - Asset Allocation
AXA US
January 1999 - March 2010 (11 years 4 months)

Architect and co-portfolio manager to four equity ETF portfolios and six fund of fund strategic asset allocation portfolios with assets under management of $30B+.

Lead manager for the creation, production, and management of asset allocation and portfolio manager research services across all individual investor products and institutional 401k plans.

AVP - Investment Management
Chase Manhattan Bank (JPMorganChase)
January 1998 - December 1998 (1 year)

Role included coverage of international equities on the Dynamic Asset Allocation team.

Mutual Fund Consultant
Prudential
January 1997 - December 1997 (1 year)
Mutual Fund Analyst
J&W Seligman
June 1996 - January 1997 (8 months)
Investment Executive
PaineWebber
October 1995 - June 1996 (9 months)
Individual Consultant
TIAA-CREF
June 1990 - October 1995 (5 years 5 months)

Education

QuantInsti
Technical
2019 / 2019
Quantitative Algorithms
The Wharton School
Technical
2018 / 2018
Portfolio Management
Hobart and William Smith Colleges
Bachelor's Degree
1985 / 1989
Cultural Anthropology

Publications

Asset Allocation For All Markets
Terence Grennon
Self
03/01/2023
We are familiar with the theory of asset distribution, but in a volatile market environment, the practice is very different. This book summarizes the most important findings from research conducted over the past half-century on topics such as investing during bull and bear market cycles, asset allocation, and investment administration. After providing an in-depth analysis of investing in stocks and going on to explain two active asset allocation strategies, we begin by taking a critical look at diversification and asset allocation.
Building a Balanced Portfolio
Terry Grennon
The Motley Fool
12/31/2013
The Asset Allocation Pragmatist
Terry Grennon
The Motley Fool
11/27/2013