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THU MAR 16 '89

6:00 Wake up, feeling good ~ Asset Alloc

6:30 Get up. Add "Personalized" to review TITLE.

PERSONALIZED ALLOCATION.

Look over Autumn writing to see that really is what I developed. Looking at Summer '88 writing, I feel I've become more than just a "trustee" now, and I feel like more of an investor, but I have to implement only actions which others can't do for me, namely switching between cash + growth + MSFT.

Looking further at summer, I noted my confusion at wanting to "leave finance + computation behind, until I find a home, but I just cannot stop." Now it's 6 months later, and still no home/family, BUT I have significantly cleand out my apartment, and STREAMLINED my investment activities routine. Progress on home.

The big gain is that I have a way to compare MSFT against other potential investments in portfolios. I attained this ability by requesting data on stocks, but kept only Value Line Data on Disk, so I can do PORTFOLIOS. VL etc, PPM, and Hi Tech stocks [?] are long gone.

Make a few minor additions to "Highlights + Insights."

Recognize WL Morgan does "asset alloc" in its domain of 3.

Call Vanguard about Star Fund. It too invests primarily in dividend-paying investments.

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9:30 Read current EWA + Skousen. Informative.

Gold looks undervalued to Skousen. Get some? At least I am tracking price.

10:30 -----

10:45 Read current MFF. Interesting, but no actoins.

11:30 -----

12:00 WSJ. Couple good stores

Money Manager "Performance" figures deception.

Steinhardt Fund cancelation, complementing article

1:00 -----

Fortune on Sculley Sabbatical + Intel.

Look up old article on Hedge Funds + Steinhardt. Turns up in June '87. Good to keep 1987 notes here, and not in Storage...

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2:30 To Dr. Hills for cleaning.

4:00 Hoagy's corner...park to read "Creditor's Ball"

Go home. Felt like going home from Microsoft commuting in the grey of winter. Depressing.

6:00 Mail.

Dinner + look over Barron's article, AIDS.

Meg calls. When can I visit?

8:15 Reread Comstock's Salvigson's Creditor's Ball. Another reason for yield on quality debt to drop, and this is good for P/Es of low debt companies.