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So, you're looking for a way to express non-conformist beliefs about markets, and are happy to take a hit for that if incorrect, is that correct? Walking in th
by zhte415 11y ago
So, you're looking for a way to express non-conformist beliefs about markets, and are happy to take a hit for that if incorrect, is that correct?
Walking in the footsteps of giants, the first modern individual, for me, being Ricardo. https://en.wikipedia.org/wiki/David_Ricardo https://en.wikipedia.org/wiki/David_Ricardo
You mention 'buying global' Bear in mind that most stock markets outside Anglo Saxon countries are very different, as company financing goes very differently. 'Buying Germany' is completely different from 'Buying DAX'.
If you're seeking an index, there should be passive funds for most major MSCI indexes down to the obscure, but they're representative of stocks, not of economies and fundamentals.
If you're interested in building portfolios, then proxies are the best bet, and that's why funds-of-hedge-funds exist. They cover a lot of exotic interests by packaging together hedge funds into certain groups. I have always avoided these, however, as often hedge funds avoid being part of funds-of-funds.