jw1739 Posted January 27, 2018 Report Share Posted January 27, 2018 On 1/25/2018 at 1:32 PM, malloy said: http://www.theage.com.au/business/markets/baep-tops-mercer-survey-of-the-best-australian-share-funds-of-2017-20180124-h0np22.html Article in The Age which briefly touches on passive v active portfolio management and points out that last year was a rare year where active had better returns than passive. Just following on from discussions in prior years that has been had on the topic. Like all of these things, you need to be extremely cautious about reports on investment returns put out by the investment industry itself. You certainly need to dig down into the underlying figures to find out what assumptions are made in calculating the returns, and I would be very wary about any report that talks about management fees between 0.2 and 1%; the management fees charged by the industry are one of the reasons why I run my own SMSF to avoid them. Quote Link to comment Share on other sites More sharing options...
malloy Posted January 27, 2018 Report Share Posted January 27, 2018 1 hour ago, jw1739 said: Like all of these things, you need to be extremely cautious about reports on investment returns put out by the investment industry itself. You certainly need to dig down into the underlying figures to find out what assumptions are made in calculating the returns, and I would be very wary about any report that talks about management fees between 0.2 and 1%; the management fees charged by the industry are one of the reasons why I run my own SMSF to avoid them. Oh I am fully aware what I was trying to get at was that the fund managers who chatge huge fees tend to not even beat the market before fees. Most people with a reasonable amount of funds invested would be statistically better off just investing in benchmarked passive ETFs in line with a sample portfolio weighting based on age. I think the only area where active fund managers regularly beat passive is in small cap company funds. Quote Link to comment Share on other sites More sharing options...
Tesla Posted February 2, 2018 Report Share Posted February 2, 2018 Whats going on in this thread? Quote Link to comment Share on other sites More sharing options...
Tesla Posted February 2, 2018 Report Share Posted February 2, 2018 (edited) Gonna leave this here just in case one if you needs it: 13 11 14 Edited February 2, 2018 by Tesla 1 1 Quote Link to comment Share on other sites More sharing options...
malloy Posted February 25, 2018 Report Share Posted February 25, 2018 Following on from the whole active vs passive discussion; https://www.theage.com.au/business/buffett-warns-that-safelooking-bonds-can-be-risky-20180225-h0wls0.html 1 Quote Link to comment Share on other sites More sharing options...
haz Posted December 23, 2019 Report Share Posted December 23, 2019 Anyone taken the GMAT exam before? Quote Link to comment Share on other sites More sharing options...
KSK_47 Posted January 28, 2021 Report Share Posted January 28, 2021 It's a lot quieter in here than I was expecting Quote Link to comment Share on other sites More sharing options...
Shahanga Posted January 28, 2021 Report Share Posted January 28, 2021 That story of people buying (very poorly performing) stock to screw short sellers is just nuts. No doubt some sharp operators are using some gullible types to make a killing and others are just going along for the tulip ride. Going to be one hell of a hangover. Quote Link to comment Share on other sites More sharing options...
bt50 Posted January 28, 2021 Report Share Posted January 28, 2021 33 minutes ago, Shahanga said: That story of people buying (very poorly performing) stock to screw short sellers is just nuts. No doubt some sharp operators are using some gullible types to make a killing and others are just going along for the tulip ride. Going to be one hell of a hangover. Got the potential to totally change the game this one i think. 2 Quote Link to comment Share on other sites More sharing options...
Shahanga Posted January 29, 2021 Report Share Posted January 29, 2021 1 hour ago, bt50 said: Got the potential to totally change the game this one i think. Indeed. But to successfully make money cleaning out short sellers you’d need to time your own exit well. A dangerous game. To be honest this is just the sort of thing I’d expect our friend @Tesla to be mixed up in. 1 Quote Link to comment Share on other sites More sharing options...
jw1739 Posted January 29, 2021 Report Share Posted January 29, 2021 I'm rather enjoying it myself. The big end of town has screwed so many small investors over the years that it's nice to see these "degenerates" getting their own back. At least temporarily and claim a few scalps along the way. Quote Link to comment Share on other sites More sharing options...
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