I just read the prospectus investment strategy, and it looks like it trails the trades by up to 30-45 days? Seems like the majority of that upside might be gone by then, no? They explicitly list that in Reporting Delay Risk.
Also I didn't see any info on whether the fund manager can beat hft et al to the punch once disclosure happens.
It would interesting to know how it performs relative to other index funds even with the delay risk. A few people have been saying Nancy is getting better returns than Warren Buffet
I just read the prospectus investment strategy, and it looks like it trails the trades by up to 30-45 days? Seems like the majority of that upside might be gone by then, no? They explicitly list that in Reporting Delay Risk.
Also I didn't see any info on whether the fund manager can beat hft et al to the punch once disclosure happens.
It would interesting to know how it performs relative to other index funds even with the delay risk. A few people have been saying Nancy is getting better returns than Warren Buffet
https://x.com/HawleyMO/status/1919738880204345581
I compared it to .SPX, and the 12 month charts look almost identical.
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…and enjoy the same upside!
No, you won’t. That ETF is a trailing indicator, and it’s trailing so far back it won’t even show up in the rearview mirror.
That, and if you load a comparison chart with .SPX, they look almost identical. No upside, and greater risk.
Thank you for an honest comment in a world of so much grift.
Too bad the MER is so high at 0.74%.