Gyroscopic Investing

https://seekingalpha.com/article/476581 ... must_reads


Crypto (IBIT) Vs. Gold (IAUM): Which Is The Better Hedge?


Summary
Trade wars and geopolitical uncertainty have caused U.S. stocks to slide as investors adjust to President Trump’s rapid shifts in tariff policy.
Commodity ETFs can help hedge against inflation, provide extra stability in volatile markets, and add diversification.
From gold to natural gas to crypto, each commodity sub-class comes with different strengths and weaknesses in a market drawdown.
Seeking Alpha's Quant system evaluates ETFs through five key metrics - momentum, expenses, dividends, risk, and liquidity – providing investors with actionable insights for ETF portfolios.
SA Quant has identified two Strong Buy Quant-rated—one gold ETF and one crypto—to see which is performing better.
I am Steven Cress, Head of Quantitative Strategies at Seeking Alpha. I manage the quant ratings and factor grades on stocks and ETFs in Seeking Alpha Premium. I also lead Alpha Picks, which selects the two most attractive stocks to buy each month, and also determines when to sell them.

yankees60 wrote: ↑Sun Mar 09, 2025 10:46 am I am Steven Cress, Head of Quantitative Strategies at Seeking Alpha. I manage the quant ratings and factor grades on stocks and ETFs in Seeking Alpha Premium. I also lead Alpha Picks, which selects the two most attractive stocks to buy each month, and also determines when to sell them.

With over 30 years of experience in equity research, quantitative strategies, and portfolio management, Steve is well-positioned to speak on a wide range of investment topics.

But presumably not rich enough to have retired to his own private island after 30 year of grafting.

"I refuse to join any club that would have me as a member" - Groucho Marx

bitcoin hadn’t proven itself to be a hedge to anything .
if anything it’s traded like a tech stock following them up and down .

gold is a far better hedge and has proven itself over and over to be better at the last two decades than bonds have been

mathjak107 wrote: ↑Sun Apr 13, 2025 1:18 pm bitcoin hadn’t proven itself to be a hedge to anything .
if anything it’s traded like a tech stock following them up and down .

gold is a far better hedge and has proven itself over and over to be better at the last two decades than bonds have been

Nor is Bitcoin anonymous/safe (state independent). Dirty bitcoins can be tracked through the open/public ledger and at the point of exit - being moved to a exchange to be converted/sold for Dollars/whatever - be seized as the proceeds of illicit activities, perhaps with further seizure of that individuals other assets and possible jail time.

But potentially a useful additional asset/diversifier. More like a leveraged tech stock. Instead of third in TQQQ (3x QQQ), two thirds in gold (to counter what TQQQ borrows in order to scale exposure), 11/11/11/67 TQQQ/SPXL/Bitcoin/Gold. Whilst bitcoin/TQQQ/SPXL individually tend to correlate one of those will be the least-most/up , least-most/down ... to add to/withdraw from at the time, which is a form of time-cost-averaging.

More of a 'and' asset than a 'or' asset. With multi-way hedging (stocks may have better hedged gold declines at one point in time, or bitcoin might instead have hedged better).

mathjak107 wrote: ↑Sun Apr 13, 2025 1:18 pm bitcoin hadn’t proven itself to be a hedge to anything .
if anything it’s traded like a tech stock following them up and down .

gold is a far better hedge and has proven itself over and over to be better at the last two decades than bonds have been

SECONDED !!! If you want BTC as a small part of your risk allocation, go for it. But safe haven? As yet unproven. Ask again after the next recession / depression.