Episode 178: AQR Articles, Wild West Gambling Problems, Japan And Portfolio Reviews As Of June 3, 2022

<p>In this episode we answer emails from George, Grant, Visitor #4090, Justin and Lili.  We discuss the long-time usage and popularity of risk parity concepts by professional investors, a levered Golden Butterfly portfolio, the website chat function, Japan, crypto (a little) and consulting services.  And my general laziness.<br/><br/>And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at <a href='https://www.riskparityradio.com/portfolios'>Portfolios | Risk Parity Radio</a>.<br/><br/>Additional Links:<br/><br/>AQR Paper &quot;Understanding Risk Parity&quot;:  <a href='https://www.aqr.com/Insights/Research/White-Papers/Understanding-Risk-Parity'>Understanding Risk Parity (aqr.com)</a><br/><br/>Recent Cliff Asness Interview:   <a href='https://the-long-view.simplecast.com/episodes/cliff-asness-value-stocks-still-look-like-a-bargain-Ru0gZ4qM?uni_id=f167a2bb8ffde8614ab51ec62b4f38'>Cliff Asness: Value Stocks Still Look Like a Bargain | The Long View (simplecast.com)</a><br/><br/>Risk Parity Chronicles Resource References:  <a href='https://www.riskparitychronicles.com/tag/resources/'>Resources - Risk Parity Chronicles</a><br/><br/>Grant&apos;s Levered Golden Butterfly Portfolio:  <a href='https://www.portfoliovisualizer.com/backtest-portfolio?s=y&amp;timePeriod=2&amp;startYear=1985&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=10.0&amp;relativeDeviation=0.0&amp;leverageType=0&amp;leverageRatio=0.0&amp;debtAmount=0&amp;debtInterest=0.0&amp;maintenanceMargin=25.0&amp;leveragedBenchmark=false&amp;reinvestDividends=true&amp;showYield=false&amp;showFactors=false&amp;factorModel=3&amp;benchmark=VFINX&amp;portfolioNames=true&amp;portfolioName1=Grant%27s+Portfolio&amp;portfolioName2=Portfolio+2&amp;portfolioName3=Portfolio+3&amp;symbol1=UPRO&amp;allocat