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> it cuts the major drawdowns by 50% and saves a lot of money, pain and anxiety! You can also cut major drawdowns by 100% by staying in cash. What matters is
by cornfutes 3y ago
> it cuts the major drawdowns by 50% and saves a lot of money, pain and anxiety!
You can also cut major drawdowns by 100% by staying in cash. What matters is the risk:reward and sharpe.
> but with approximately one portfolio change per year,
Even Vanguard and Berkshire Hathaway is not this passive. You probably don't need to be applying to accelerators if you've devised such a powerful financial instrument.
> you will have access to the internal investment fund reserved for employees/family (similar to the Renaissance Technologies Medallion Fund)
That's a very bold comparison when you intend on applying to YC, where you are receiving $125k for 7%.
In addition to the other comments, this has so many red flags and dodgy. There's so many typos I'm wondering if this is an intentional Nigerian prince email. This is also not the thread for finding a co-founder, unless you intend on paying that co-founder a salary.
> The backend is fully build and been tested for many years, but the front end/website is new and in a very early version
Are you actually and legally a SEC-registered ETF? What kind of "backend" are you talking about? An excel spreadsheet?
How do you reconcile the low management cost structures of ETF when you intend on taking VC money?
- SirLJ 3y ago[flagged]
- youreashyster 3y ago[flagged]