Professional Finance people no better than amateurs

darkpool

HelpWhereIcan wrote: »

OK. Thank you for your contribution - at least you have made one.

you've made the biggest contribution of all, you brought up a document that said this -

"Expressed as a percentage of the fund population, the proportion of funds with positive alphas is extremely low."

you managed to find a snippet of quote in the document that seemed to superficially suggest that active management worked. People will be thinking "if that's the strongest evidence an IFA can produce to support active fund management it must be a waste of time"

You know what, I'm going to thank you for that post.

HelpWhereIcan

darkpool wrote: »

"Expressed as a percentage of the fund population, the proportion of funds with positive alphas is extremely low.

So now you've hung your hat on the alpha side of the argument do you care to take the next step and help others understand what alpha really means in this context?

After all, someone of your abilities should know where I may be going with this and will be at least a couple of steps ahead of me.

darkpool

HelpWhereIcan wrote: »

So now you've hung your hat on the alpha side of the argument do you care to take the next step and help others understand what alpha really means in this context?

After all, someone of your abilities should know where I may be going with this and will be at least a couple of steps ahead of me.

LOL how about changing your name to SpreadMisrepresentationsWhereIcan? The IFA community must love you!

Tell you what, to show there are no hard feelings, you ask me any question you want on derivatives! Lokolo you as well!

jem16

darkpool wrote: »

you must be a blonde?

:rotfl:

Ah the typical male chauvinistic reply when he can't think of anything else. How quaint.

As to the answer - nope, wrong again.

anyway stick with the UTs

Would that be managed or tracker? Or don't you know yet?

cloud_dog

Oh, come on darkpoo........ answer the question!

(we're all ears you know...... waiting on your next regurgitation).

bigfreddiel

well all i can say is that my thread has provoked the usual diatribe from the usual culprit when we all know my original premise is true - to be honest I stopped reading i after page 2 because it was all too predictable - solisten up everyone:

professionals are only looking out for number one - ie themselves

wise up and learn this stuff for yourselves - its not difficult.

this thread is now ended

fj

opinions4u

bigfreddiel wrote: »

this thread is now ended

I don't think that's for you to decide, is it?

Lokolo

darkpool wrote: »

LOL how about changing your name to SpreadMisrepresentationsWhereIcan? The IFA community must love you!

Tell you what, to show there are no hard feelings, you ask me any question you want on derivatives! Lokolo you as well!

Why would I ask you anything about derivatives? Given you said that UTs are managed funds I don't think anything that comes out of your mouth you actually know.

I would like to know what derivatives you actually trade though?

bigfreddiel wrote: »

well all i can say is that my thread has provoked the usual diatribe from the usual culprit when we all know my original premise is true - to be honest I stopped reading i after page 2 because it was all too predictable - solisten up everyone:

professionals are only looking out for number one - ie themselves

wise up and learn this stuff for yourselves - its not difficult.

this thread is now ended

fj

How on earth did you manage to conclude with that from this discussion?

bigfreddiel

opinions4u wrote: »

I don't think that's for you to decide, is it?

i started it - i'll end it

bigfreddiel

Lokolo wrote: »

How on earth did you manage to conclude with that from this discussion?

i conclude nothing - this thread is going nowhere - i'm right nd you all know that but are afraid to ownup to it.