Can we be direct for a minute?

Discussion in 'Share Investing Strategies, Theories & Education' started by Silverson, 2nd Jul, 2018.

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  1. Zenith Chaos

    Zenith Chaos Well-Known Member

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    Step 1. Start 10 independent hedge funds with uncorrelated portfolios.
    Step 2. Wait a couple of years, and close the underperformers.
    Step 3. Market the remaining funds based on their outstanding performance.
    Step 4. Try to maintain mid level results and market the funds on their 3->5->10 year performance.

    Hmmmmmmmm. Not advice.
     
    Redwing, The Falcon, Froxy and 3 others like this.
  2. Redwing

    Redwing Well-Known Member

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    Hopefully for your investments they turn the ships in 2019 @pwnitat0r

    They need to outperform if only running on performance fees
     
  3. The Falcon

    The Falcon Well-Known Member

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    Funds management 101.

    Classic shell game.
     
  4. Harry30

    Harry30 Well-Known Member

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    This reminds me of some advice for beating the index. Just buy every stock in proportion to their market weights consistent with an index fund philosophy. Then make a single, small adjustment. Just remove one stock that you know is an absolute dog, that you just know with underperform the general market. How hard can that be? If you pick right, your overall porftfolio will beat the index!

    Turns out to be a lot harder than what you think.
     
    orangestreet, Snowball and oracle like this.