Disclaimer
In no way, shape, or form should my views and positioning be construed as investment advice. They are strictly for informational purposes only. I publicly document my personal investment process to apply as much pressure on myself as possible, not to convey advice to others, as everyone’s individual financial circumstances, portfolio positioning, investment process, strategy, etc are extremely unique. Every single piece of information communicated publicly and privately via The WOTE should be viewed as exactly that: a piece of information.
Discussion
I’m still in the process of tweaking the communication and presentation of the management of my five strategies, but for now I’ll plan to send out these WOTE Asset Management notes on an ad hoc basis to update current views and positioning (and eventually performance once I start reporting out monthly in 2024).
One thing to note below: I tweaked the Tactical Outlook timeframe from 1-4 weeks to 4-8 weeks to better align with my effort to zoom out and stalk opportunities at key tactical turning points.
Current Equity View
Structural Outlook (1-2 Years): Bearish
Cyclical Outlook (2-12 Months): Neutral
Tactical Outlook (4-8 Weeks): Bullish
Current Positioning
WOTE US 60/40: 55% SPLG, 45% BIL (no change since 11/20)
WOTE US 60: 50% SPLG, 45% RSP, 5% KBWB/RSPF (updated 12/4 and discussed 12/6 as well)
WOTE US 40: 100% BIL (no change since 11/20)
WOTE US Long/Short Equity: 50% SPLG (no change since 11/20)
WOTE Special Ops: 100% cash