My approach to Portfolio Management for the Retail Investor

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Mark Meldrum

4 жыл бұрын

www.markmeldrum.com
www.linkedin.com/in/mark-meldrum-phd

Пікірлер: 336

@qiyangxu7872 4 жыл бұрын

Now I know who's taking my money in the options' market

@SagarRBiswal 4 жыл бұрын

lol

@qiyangxu7872 4 жыл бұрын

wow my most liked comment on youtube. thx boys & girls

@Bogdanbmm 3 жыл бұрын

@@qiyangxu7872 haha great one :))

@Bogdanbmm 3 жыл бұрын

Epic comment haha

@RyanTrinh33 Күн бұрын

This is truly God's work. You opened my eyes and my mind! Thank you Dr. Mark!

@saireddy6261 4 жыл бұрын

This is probably one of the best videos I have seen that articulates the application of theory to the real world. Thanks Mark. Please keep making more of such videos.

@saireddy6261 4 жыл бұрын

@@akankshakumari0708 I would like to help you. But unfortunately I am not qualified enough to answer your questions. Thanks.

@carlosfigueredo5682 4 жыл бұрын

The best takeway from this entire business is the "treat it like a business" advice.

@oliveiraphael 3 жыл бұрын

Exactly that.

@James-ct6pe 4 жыл бұрын

wow! One hour video, we are in it a for treat boys.

@Asteria_Inc 4 жыл бұрын

ah! I am so addicted to Mark!

@Oetti 4 жыл бұрын

Xu Tan me too! Dr. Meldrum is a badass. Really grateful for his content

@tuanmai1235 4 жыл бұрын

This is God's work. I'd love to see you having a podcast, selling merch, etc...

@vort8976 4 жыл бұрын

I second this

@shubhanshumehra4123 4 жыл бұрын

A mark meldrum podcast would be amazing

@timothybracken1728 3 жыл бұрын

Second this

@preetjain720 2 жыл бұрын

He already sells merch on his website

@7346908 3 жыл бұрын

Kind and humble of you Dr Mark. You didn't put a pic of Lamborghinis and chicks on your left right yet you made a best content

@albano2910 2 жыл бұрын

He definitively knows the stuff...genius level....he does not need the CFA charter, the CFA charter needs him

@coltfeltes 4 жыл бұрын

I'm glad you talked about options, Mark. It seems most have not seen the beauty that they offer.

@Oetti 4 жыл бұрын

Yes! Today is a scheduled break in my CFA Level II prep, but I still get new Mark Meldrum content to consume…Thanks Dr. Meldrum

@Oetti 4 жыл бұрын

And lemme just add I also haven’t gotten a haircut since about 3-4 days before the quarantines began here in the SF Bay Area…so I have solidarity with you in the “I’ll get a haircut after I don’t need to first get my Last Rites before setting foot into the barber shop” sense, Dr. Meldrum…we are not alone!

@barackhussainobama7336 4 жыл бұрын

Hey, how is your prep going so far?

@tellurium96 4 жыл бұрын

How do you do your prep?

@Oetti 4 жыл бұрын

@@tellurium96 I broke down my studies in the order of CFA Level II topics that Dr. Meldrum prescribes in his videos. I have a whiteboard where for each topic I'll lay out *day-by-day* the readings/video lectures/notes/practice problems I need to do. I insert a good deal of "break" days either for actual breaks or to act as shock absorbers if I fall behind, say three break days per month. Periodically I'll re-write whatever portion I have left for each topic to re-calibrate/re-adjust what's remaining, all with a realistic eye of finishing on time per the schedule I originally prescribed myself. This way I'll have gone through everything thoroughly by, say, mid-October and have way more than the minimum recommended four weeks to review. The postponement of the exam came as a blessing to me, I would absolutely have NOT been ready for June.

@mehdunno0 4 жыл бұрын

As always much appreciated Mark! This channel along with your CFA courses provide more value than anything I have ever come across. Please keep these sorts of videos coming.

@Inthemoneycalls12 4 жыл бұрын

loved every minute of it. Thanks for giving back Mark, as always

@redtoyotacorolla 4 жыл бұрын

Good Morning Professor! Glad to see coverage over residential/commercial REITS this morning. I am also long REITS for the time being as I see a reversion to mean especially in office space. I have exposure to New Residential, Invesco mortgage, MITT, pennsylvania trust. etc.

@predragshapcheski6246 4 жыл бұрын

Thank you, sir. This really helps. Gonna be a rewatch for me on a monthly basis to measure where I improve.

@mehsanm 4 жыл бұрын

This is absolutely gold!

@blakecallison9552 4 жыл бұрын

I don't comment on many videos, but the fact that you provide this quality of content for free to the community is amazing. Glad to have been recommended to you for my CFA level 1 study material.

@bRANKLATA1 4 жыл бұрын

Great content Mark. Please keep these videos coming. Thank You for Your valuable insight and willingness to share with us!

@stevenly123 4 жыл бұрын

This guy is the real deal. Thank you for sharing your knowledge, Mark.

@avideh.mahdavi6311 4 жыл бұрын

Thank you Dr Mark for taking the time to make this video. It would be great if you could create more videos with applicable contents. I studied Finance and Economics but ALL the courses I took was so abstract. Your university students were really lucky.

@christophermonin2503 2 жыл бұрын

This is a fenomenal video. I just discovered your channel Mark, and you’ve instantly drawn me in. Keep up with the incredibly useful content!!

@AndrewTJohn 4 жыл бұрын

Thank you for this video Professor, Really enjoyed watching and taking notes on your approach to PM.

@manjitmalhi5911 4 жыл бұрын

Pure gold! Very well put and great advice.

@devilalive23 4 жыл бұрын

Thanks for great content. Please keep them coming. Super informative!!

@weisheng1457 4 жыл бұрын

I love watching your videos Mark. Absolutely solid stuff - All the way from Singapore

@oanairani41 4 жыл бұрын

Thank you very much professor. This video is gold, teaches us how to think and how to use options in different market conditions. I can't tell you how many times I sold covered calls on down days and lost all the upside when the stock recovered few days later. Please make more videos like this when your time permits and thank you again for sharing your knowledge with us.

@donesteban1947 4 жыл бұрын

Really enjoyed that analogy of drawing a parallel between the risks of investing in the market and the risks of starting your business. Lots of people see investing in the market as a "casino", sometimes including myself and I have to watch out for that bias. Appreciate tying the CFA content into practical day to day investing as a retail investor, it helps see that knowledge in action!

@Caleb_Standridge 2 жыл бұрын

Just a wealth of information! Thanks, Mark!!

@alexhutcheson8467 4 жыл бұрын

This video was awesome. Super interesting to not just hear your opinions on markets, but to also hear what strategies you use based on those opinions, how to adjust if the market is moving against you. I also really like how you talk about options, and say why you buy them at X strike and Y expiry. During my undergrad, it was a lot of "here is what a call is, and here's why you would want to buy/sell them, and here's how to value them", with little guidance on when you should consider ITM/ATM/OTM, when you'd prefer certain expiration dates over others etc.

@AF_Piano 4 жыл бұрын

Outstanding content, as always

@user-cu9ld2jt2v 4 жыл бұрын

Truly appreciate your great work to share and help people~ Thankyou Professor🌻

@angeloibrahim4487 4 жыл бұрын

This is amazing. Thank you so much!

@daviddoherty6527 2 ай бұрын

Bit late to the party on this video as it’s a couple of years old - but this is hands down one of the best videos on investing I have ever watched. Focusing on one industry to become an expert is something I had never considered but it makes perfect sense. Many thanks for sharing your wisdom! 👏👏

@florianberthier962 4 жыл бұрын

simply brilliant , thanks Mark ! greetings from France

@jyotinathani394 4 жыл бұрын

Professor You are best. Never miss your video. Too informative

@AS-kh9uc 4 жыл бұрын

Thank you Dr. Mark, very helpful!

@giorgiorivadossi2666 4 жыл бұрын

Fantastic! Sage advises! Thank you very much!

@luminousblue1539 11 ай бұрын

You are so wise. It's a privilege to watch your videos.

@matovumartin5973 Жыл бұрын

Simply put ......you're just awesome......This video is superb.........such wisdom

@chandrakantjangam8016 4 жыл бұрын

Great Fathers Day gift. I am L1 Dec-2020 student. Thank you very much Mark.

@hbahou 4 жыл бұрын

Fantastic video as always Mark !!!

@BerryURL 4 жыл бұрын

Thank you Mark! I always learn something new listening to you. I’ve just ordered all the books you recommended on the previous video. Didn’t even have to pay for them. I know what I’m reading this summer for sure! I’m 19 and I aspire to have your kind of knowledge one day. A special thanks from Italy. See you in the next video. Lorenzo.

@daniel4178 3 жыл бұрын

Hi, I completely agree, his videos are extremely valuable. May I ask you which are the books he recommended? Thank you very much in advance!

@muhammadkazimali9657 3 жыл бұрын

This one completely changed one's mindset as a retail investor - Long term approach, volatility is opportunity, passive approach is like slow & steady wins race.

@chakavak2015 4 жыл бұрын

For all the time and energy you put to come up with rich content videos like this and for sharing your deep knowledge and experience with others: THANK YOU! As much as I try to skip many other so-called investing videos out there that KZfaq recommends, I am always waiting to watch your next. I hope I/we can do something to increase your number of audiences. If there is anything, I would love to do voluntarily.

@kokher1751 4 жыл бұрын

Thanks Mark that helps a lot! always inspiring

@supert5 3 жыл бұрын

Just want to give a huge thanks to your video. Ive been able to climb myself out of the gutter ever since watching your video. Thanks. I hope you could give more tips on managing portfolios

@junal27 2 ай бұрын

Excelent video, thank you for sharing your approach. Respectfully.

@samkinder2155 4 жыл бұрын

Thank you for this video. It has opened my eyes to the other side of options. I've been a buyer up to this point but selling could be a great way to buy some of the companies I've had my eye on

@morgandavies7898 4 жыл бұрын

Thank you for this video Mark!

@ellenw756 4 жыл бұрын

Great content. Thanks professor!

@tantricsurfer 5 ай бұрын

The best instructional video I've ever seen

@Plmxns Жыл бұрын

some of Mark's videos deliver catharsis to me. This one is of that kind. Mark is definitely a teacher in a wide meaning of that word.

@nimasarsangi4347 4 жыл бұрын

Thank you Mark Meldrum!

@stratixfinance 2 жыл бұрын

Thank you for this video. I did not watch it yet, but you are a LEGEND so...

@marguz99 4 жыл бұрын

Wow! Excellent video, you got a new subscriber. Please add more videos showing this type of hands on, practical stuff. Specific examples would be appreciated. Thanks again!

@nikolastakic3725 4 жыл бұрын

Very insightful and priceless Dr.Mark, thanks so much! It's a shame that non-EU countries from Eastern Europe (i.e. my homecountry of Serbia) are too constrained with the extraordinary trading fees through various platforms, some of which are even affiliated with Interactive Brokers. This is especially true for the options, with the usurious fees and demotivation of even trying to think about various option strategies! I have a huge problem implementing my CFAI knowledge due to mentioned reasons. Alternatively, if we want to open account directly on IB, there are problems with foreign transfers and withdrawals, which are again, ultimately complicated and expensive.

@darcebrooks5409 3 жыл бұрын

Thank you for sharing knowledge to those who were never taught, new subscriber here

@MrLevent79 3 жыл бұрын

This is the 4th time (I think) I am watching this video and I still learn from it. Uh.. I wish we could get more of these videos! Thanks again Dr. Mark

@MarkMeldrum 3 жыл бұрын

You can register at www.markmeldrum.com for free - you will get the complete Applied series there for free.

@aleyyomonsanto7283 Жыл бұрын

This video gave me ton of knowledge and insight!

@ryanlandey3305 4 жыл бұрын

Mark's the best!

@gradoscapital 3 ай бұрын

Mark, this is brilliant. I can't believe it's free content haha! Thank you

@garyobrien8387 4 жыл бұрын

Legend thanks Professor.

@simonroese2596 2 жыл бұрын

Thanks man Mark minirvini and you are my fav

@ToanBui-vl7lw 2 жыл бұрын

We love you Dr. Mark

@jackmoretti7943 4 жыл бұрын

I think I'd find it more difficult not to watch all of this video, such great value.

@imeldomarcos4126 4 жыл бұрын

Thank you professor mark .

@richardgordon 3 жыл бұрын

Great video! Interesting, inspiring and even funny 22:38 "Hertz,.... the stock is worthless, we have no idea why people are buying this...."

@ang-en2ki 4 жыл бұрын

Very nice video! Thank you so much!

@danielcastro1705 2 жыл бұрын

Amazing content, thank you!

@path6633 3 жыл бұрын

Thank you for sharing your knowledge

@zackv2408 4 жыл бұрын

Really great video thanks

@timothybracken1728 3 жыл бұрын

Thank you for this mark

@torontovalue 4 жыл бұрын

Hi mark! Awesome content! Not my main job but I ve sat for CFA I and II, candidate for Level III now. Haven't taking your courses but i know your focus is on making the students learn the concepts and not only pass the exam. Given the angle of this video, have you thought about creating a course for CFA holders dedicated to retail trading strategies? Would definitely subscribe to that one given the professional approach you take to teaching :) thanks again!

@fk2338 4 жыл бұрын

very eye opening. Thanks.

@8vargk 4 жыл бұрын

Thank You Mark for Your time and insights! Really enjoyed the idea of acting according to the market movement and not trying to forecast it. What alternatives would you recommend as risk management besides options strategies, mainly for those people who have lower capital in their investment portfolio and just cannot to buy/sell at least 100 shares on each position?

@faresserhan 4 жыл бұрын

Hi Mark, this was a great video and would love to keep hearing more from you maybe a podcast? General market thoughts?

@sumedh235 4 жыл бұрын

Nice video professor

@iamrandoomgeek9025 4 жыл бұрын

Looking forward to give cfa ,would like to join your test prep.Great content.

@Vishal-ih3tc 3 жыл бұрын

Man, I miss these videos! Mark, please make them more...

@Tglizzy_ Жыл бұрын

This video really made a lot of things click for me. Have watched it several times and it is surely one of the most valuable videos I've ever watched. Thanks very much Dr Mark. I do have a question if you ever come back to these old comment sections: Would it still be wise to use puts to add positions in a small-mid sized retail portfolio (say $50-100k)? For instance if I was into the tech sector and I wanted to add an AAPL position, selling a put and getting put the 100 shares at say, $175, would use almost 20% of the account's capital. I could just purchase shares but then I lose out on premium, or I could target lower priced stocks, but then I feel like I'm not really targeting the stocks I'd want to own most.

@aman4434 4 жыл бұрын

CS grad with a new found interest in finance. I guess I'm lucky to have found your channel early in life. I'm not from the US but I find your videos insightful nonetheless. Thanks Mark!

@MogulProductions 4 жыл бұрын

@@gwills9337 Can you recommend other youtuber related to this topic? :)

@aman4434 4 жыл бұрын

@@gwills9337 yes I have realized that if it was actually possible to make money, many smart people would already be very rich. I'd like to dream I could somehow be *that* guy, but I have quickly become wary of the *chaotic* nature of markets that you talked about. Also, I think psychology plays an even bigger role than I read about right now. There are a HUGE number of people who are totally unaware about how the market functions (including me, till a while back) and I actually feel that herd mentality is understimated. I am realizing slowly that there is a LOT to learn in this field, and tbh it excites me. It also seems funny how people try to use basic machine learning models and a couple of headlines to make 'stock market prediction' projects (without basic financial knowledge) when there are actually too many factors to consider. I'll check out the link you mentioned, thanks!

@alastairmartin7944 Жыл бұрын

This is great🙌

@omarfakieh6856 4 жыл бұрын

Thanks for the great content as always Mark. I was wondering if you could shed some light on your asset allocation with regard to the SPY, REITs, and the various ETFs you own. I realize that your asset allocation will change depending on what’s happening in the market, but if you could provide a range in which you generally operate between these three areas that would be very helpful. Thanks again

@xiangpengxiang6636 4 жыл бұрын

Thanks Mark!

@jasonduryea6714 3 жыл бұрын

Doing gods work

@shivammehta377 2 жыл бұрын

Thanks for the video Professor. Would request you to provide some insights / video as to how do you structure a portfolio - number of stocks , weightages and drawdown acceptable and when to book profit. Do we grow the corpus size or book a percent of the profit and balance reinvest? Have read about all this but in actual practise have not found any great leads on this matter.. basically the end goal is to beat the benchmark but how to manage that consistently?? Would be of immense help if you could guide on this matter! And thanks for the great work you provide!

@GoldEspresso 4 жыл бұрын

Great stuff

@jonallen3279 4 жыл бұрын

would love to hear about your experiences in real estate !

@Bogdanbmm 3 жыл бұрын

great stuff ...

@Goldbell30shoe Жыл бұрын

Mark , you are such a great teacher.

@teragreg2927 2 жыл бұрын

Your North View Apartment REIT example reminds me deeply of Warren Buffett’s “risk arbitrage workouts” during his partnership years back in the ‘60s.

@juanjuan5314 4 жыл бұрын

Great video Mark! Do you use margin when selling the puts?

@cloudsurgery 3 жыл бұрын

Thank you for this amazing video. what day to expiration do you choose for selling your Puts and Calls ?

@MogulProductions 4 жыл бұрын

Many thanks for the valuable information. I have made several notes during the video, because I am currently facing a similar career decision (asset class focus vs generalist)

@MarkMeldrum 4 жыл бұрын

I don’t know what this means.

@MogulProductions 4 жыл бұрын

@@MarkMeldrum I apologize, it was a reference to users from reddit. However, I edited the comment! :) WallStreetBets is a Reddit community of traders who share high-risk investment strategies, many of them posting screenshots of their 95% loss.

@asadfazla9225 3 жыл бұрын

How this video not have a million views is beyond me!!

@alexandersalazar1085 4 жыл бұрын

Hey Mark, would you be able to do a video (or link one if you already did) that explains how to read options chains?

@vincentchow6448 3 жыл бұрын

I cannot believe I watched the entire video. It didn't feel very log, either. I'm not even involved in the CFA, although I do manage my own portfolio full-time. I wish I saw this earlier - it would have reduced the duration of my learning curve substantially.

@evantaurins8899 4 жыл бұрын

Such a fantastic video, a sophisticated yet graspable strategy for a retail investor (like myself). Two questions I was hoping you could answer Professor: 1. Looked at like a business, what initial investment would a strategy like this require? 2. What indicators do you use to determine a likely up or down trend? (macro, news related, technical etc?)

@MarkMeldrum 4 жыл бұрын

1. That is all relative to the person. 2. That is a book chapter, not a comment. Plus years of experience. And even then, its just a best educated guess.