portfolio picks

So since I've been sitting in meetings for two and a half straight days hearing investment advice from the best and the brightest, I figured I'd share my two cents on your portfolio based on the teachings around these parts:

OUT:

Greek anything

I know it's tempting with yields (and views) like those,

but the risk - it's just too much.

You see those cliffs?  They mean serious business.

IN:

Anything Scandinavian

Take advantage as the baby gets thrown out with

the rest of Europe and investors take flight.

Denmark looks pretty darn sunny to me.

OUT:

US Treasuries

A return-free risk

1

IN:

Indonesian sovereigns

You don't hear many people hitting up

Lengkuas Island do you?  That's exactly right.

Get 'em before they're hot

(and while they're cheap).

OUT:

Art

'Cause that's a bubble that is just dying to burst

IN:

Water

The world population grew by 3x in the 20th century

Our consumption of water? 6x

Tap that via utilities, infrastructure, technology - you name it.

All of this coming at you for the bargain price of 0 bps. 

xoxo

KK