Technology
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A coin flip program could replace Wall Street "analysts"
This is far more reliable for successful trades.
It's not though, because you don't know about the trades ahead of time. If you can use delayed info, the actual stock market is delayed info too. You only know about it after it happens.
Many of them tend to hold for weeks or months. They’re not day trading. “Just a little light insider trading” while overseeing the industries they buy and sell.
Right but you still can't trade on that. I mean, if you can please do, but you really won't get actionable info by knowing that someone in Congress holds some shares of UPS.
It’s profitable enough that two firms built models around it.
Just because an ETF exists doesn't mean it's a good investment. ETF sponsors make a percentage based on assets under management. It doesn't matter if they make money, just that you invest. Kind of like a salesperson working on commission.
I would say the fact that there's only a few managers using this strategy means it doesn't work.
Fair point. It’s also too new for us to truly gauge its success. I guess we’ll know in six months.
Isn’t that article a year old already? It looks like NANC outperforms the market sind it started.
These investment ideas aren't new. This information has been available publicly for a long time. It doesn't give you any benefits above a normal index fund.
Unless they are a whale and then they pretend to predict while actually making it happen. Makes them look brilliant.