Anil & Eryl

Could you please post your current asset allocation? I am impressed with -2 to -3% YTD returns.

 I am a relatively new poster & have observed your insightful posts on several forums. I have seen your posts on hot sectors such as NG/ Energy to Hot emerging markets. I think both of you toy with hot sectors - but what's the secret to not get burnt when markets turn around for these hot sectors?

Given the current choppiness in market, my own low beta portion of portfolio has been bleeding alpha. So I am always curios on how you adjust your portfolios every Q/ every Y?

Thanks

Sam -

Here is my own portfolio (age 46):

  I "try" to adjust my portfolio to tilt with latest trends. Last 2 years I have been better than FFNOX. I wasted too much time chasing laggards & giving up on them just before run up in previous years. I have deep investing wounds from past.