Right but you still can’t trade on that. I mean, if you can please do, but you really won’t get actionable info by knowing that someone in Congress holds some shares of UPS.
Just because an ETF exists doesn’t mean it’s a good investment. ETF sponsors make a percentage based on assets under management. It doesn’t matter if they make money, just that you invest. Kind of like a salesperson working on commission.
I would say the fact that there’s only a few managers using this strategy means it doesn’t work.
These investment ideas aren’t new. This information has been available publicly for a long time. It doesn’t give you any benefits above a normal index fund.
Right but you still can’t trade on that. I mean, if you can please do, but you really won’t get actionable info by knowing that someone in Congress holds some shares of UPS.
It’s profitable enough that two firms built models around it.
Just because an ETF exists doesn’t mean it’s a good investment. ETF sponsors make a percentage based on assets under management. It doesn’t matter if they make money, just that you invest. Kind of like a salesperson working on commission.
I would say the fact that there’s only a few managers using this strategy means it doesn’t work.
Fair point. It’s also too new for us to truly gauge its success. I guess we’ll know in six months.
These investment ideas aren’t new. This information has been available publicly for a long time. It doesn’t give you any benefits above a normal index fund.
Isn’t that article a year old already? It looks like NANC outperforms the market sind it started.