2 Gray Beards Original Portfolio
We started the original program in January 2023 with approx. $250,000 in assets. This account
is meant for smaller investors with limited financial sophistication and is long only (no shorting of
assets). Every week we post a short video discussion (max. 20 minutes) about what has happened in
the financial markets, what is likely to happen going forward, and if our asset allocation should
therefore change, how and why. Our aim is to give you the proverbial “second opinion” and
enable you to have better conversations with your wealth manager regarding your own asset
allocation.
Our Investment rules:
1. No leverage.
2. Minimum 20% allocation to equities.
3. Maximum 80% allocation to equities.
4. To only trade after giving subscribers the orders in the video or after sending them an
email with the trade and reason.
5. Simple options strategies only.
With each weekly video we include an updated, downloadable excel file with all our holdings
and broker statements from Interactive Brokers, where this account is based.
You can view past episodes of the video discussions strategies
The aims of this account are:
1. To keep the account safe. This is NOT a hedge fund which tries to speculate.
2. To keep volatility of returns low.
3. To keep a diversified portfolio.
4. To compound at a reasonable rate, but above risk free cash returns.
5. To “keep you rich” or to keep your money working for you without risking the principal
invested.
The instruments we employ are mainly ETFs available to any US investor.
The performance of the Account is updated weekly.
