Episode 201: The Limits On Risk/Reward Ratios, What To Tell Your Kids And Avoiding Trading Pitfalls

<p>In this episode we answer emails from Micah, Steve and Keith.  We discuss the limit on the usefulness of Sharpe and Sortino ratios, helping out Steve&apos;s daughters with building and managing a portfolio for medium-length goals and what else Uncle Frank says to guide his adult kids with ant brains and grasshopper brains and comparing actual performances with Portfolio Visualizer models.<br/><br/>Links:<br/><br/>Portfolio Visualizer comparison of short term treasuries and gold:  <a href='https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&amp;mode=1&amp;timePeriod=2&amp;startYear=1972&amp;firstMonth=1&amp;endYear=2022&amp;lastMonth=12&amp;calendarAligned=true&amp;includeYTD=false&amp;initialAmount=10000&amp;annualOperation=0&amp;annualAdjustment=0&amp;inflationAdjusted=true&amp;annualPercentage=0.0&amp;frequency=4&amp;rebalanceType=1&amp;absoluteDeviation=5.0&amp;relativeDeviation=25.0&amp;leverageType=0&amp;leverageRatio=0.0&amp;debtAmount=0&amp;debtInterest=0.0&amp;maintenanceMargin=25.0&amp;leveragedBenchmark=false&amp;portfolioNames=false&amp;portfolioName1=Portfolio+1&amp;portfolioName2=Portfolio+2&amp;portfolioName3=Portfolio+3&amp;asset1=ShortTreasury&amp;allocation1_1=100&amp;asset2=Gold&amp;allocation2_2=100'>Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)</a><br/><br/>PHYS ETF particulars:   <a href='https://sprott.com/investment-strategies/physical-bullion-trusts/gold/'>Sprott Physical Gold Trust</a><br/><br/>Walk For McKenna:  <a href='https://fathermckennacenter.org/walk4mckenna/'>Walk4McKenna - Father McKenna Center</a></p><a rel="payment" href="https://www.riskparityradio.com/support">Support the show</a>