One Core, Three Countries: The Global ETF Book Rebuilt
Friday's trade log shows twenty-two entries in Global ETFs alone — and for once almost none of it is the dividend machine. Twelve positions closed, three opened, seven increased, every delta a round lot. The book went from twenty-two lines to thirteen in one session, and the logic is our own ETF return-skew work: hold a few broad wrappers that capture the index move, and make the exceptions deliberate. VEU more than doubled as the single ex-US core; Korea joined Taiwan for the AI build-out pair; India was added as a laggard where mean reversion outside tech is possible; US tech is owned at the index level, momentum for as long as the regime reads bull market. Gold, bitcoin and Latin America were untouched.
Friday's trade log shows twenty-two entries in Global ETFs alone — and for once almost none of it is the dividend machine. Twelve positions closed, three opened, seven increased, every delta a round lot. The book went from twenty-two lines to thirteen in one session, and the logic is our own ETF return-skew work: hold a few broad wrappers that capture the index move, and make the exceptions deliberate. VEU more than doubled as the single ex-US core; Korea joined Taiwan for the AI build-out pair; India was added as a laggard where mean reversion outside tech is possible; US tech is owned at the index level, momentum for as long as the regime reads bull market. Gold, bitcoin and Latin America were untouched.