this post was submitted on 13 Apr 2024
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Technology

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[–] [email protected] 2 points 7 months ago (1 children)

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.

[–] [email protected] 4 points 7 months ago (1 children)
[–] [email protected] 1 points 7 months ago* (last edited 7 months ago) (1 children)

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.

[–] [email protected] 1 points 7 months ago (2 children)

Fair point. It’s also too new for us to truly gauge its success. I guess we’ll know in six months.

[–] [email protected] 1 points 7 months ago

Isn’t that article a year old already? It looks like NANC outperforms the market sind it started.

[–] [email protected] 1 points 7 months ago

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.