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The limitations of fund structuring aren’t my concern. I’ve been investing for decades and it’s trivial to beat the market if you’re patient and knowledgeable a
by 3pt14159 9y ago
The limitations of fund structuring aren’t my concern. I’ve been investing for decades and it’s trivial to beat the market if you’re patient and knowledgeable about tech.
The fact that funds do worse than indexed etfs says more about fund incentives and investor savviness than it does about the effectiveness of this strategy.
- dumbass123 9y agoOk. A fuck ton of metrics show the market is currently overvalued. Are you going to put on a short and just sit and wait? How much money might you be losing in the meantime? What's the opportunity cost of having your money sit there while it could be earning returns elsewhere? Last year equity index vol was ridiculously low. Tons of hedge funds held long volatility positions and kept rolling. Even with the events earlier this year, they still ended up down money on the position. If you really think investing off business cycles is long term profitable, you don't know what you're talking about.