by Derek Hernquist | Oct 14, 2021 | Market Updates
“I argue that cost-effective risk mitigation, when done well, doesn’t just take you out of risk, but actually allows you to take on more risk.” Mark Spitznagel We’d tweak “take on more risk” to “pursue more return” but...
by Derek Hernquist | Oct 6, 2021 | Market Updates
You’ve probably heard us say we like to “own” volatility. Or that we use “volatility an asset class”. What do we mean by that? First, let’s think about what a client is trying to accomplish. Pursuing or preserving the comfort that...
by Aptus PM Team | Sep 8, 2021 | Rebalance Rationales
Aptus Compounder Update: The Aptus Compounder Stock Sleeve is designed to give equity exposure to a group of individual stocks that we think offer attractive prospects through a combination of yield, growth, quality, and reasonable valuations relative to large...
by JD Gardner | Sep 8, 2021 | Market Updates
We try to be consistent with these notes for transparency regarding the assets we’ve been trusted with. Some of the notes are better than others. I’m not claiming this note will be one of the good ones, but I do claim it to be an important one. For some reason, I...
by Aptus PM Team | Aug 19, 2021 | Equity Research
Our PM team thought an update on the Aptus Compounder Stock Sleeve (15-stocks) made sense, as it has had lower-than-expected turnover thus far in 2021 (only 2 names). But that doesn’t mean we are not spending time on the strategy – in fact, it’s quite the opposite. We...
