• disguy_ovahea@lemmy.world
    link
    fedilink
    arrow-up
    3
    ·
    8 months ago

    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.

    • KevonLooney@lemm.ee
      link
      fedilink
      arrow-up
      2
      ·
      8 months ago

      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.

        • KevonLooney@lemm.ee
          link
          fedilink
          arrow-up
          1
          ·
          edit-2
          8 months ago

          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.

            • KevonLooney@lemm.ee
              link
              fedilink
              arrow-up
              1
              ·
              8 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.

            • B0rax@feddit.de
              link
              fedilink
              arrow-up
              1
              ·
              8 months ago

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