WTF? "The average hedge fund is up 11.4% in the first 10 months of 2021"
S&P is up 21.59% over the same period. So they take 2 and 20 to underperform by 50%?
I guess the difference went into Roederer Cristal and sniffing coke from hookers' coochies.
Y'all enjoy while it lasts.
That was back in January. Dalio has more and more intellectual achievements designed to ingratiate him with whomever seems likely to help him: in this case that was the brand new Brandon administration. We also had his recommendations to invest in Chinese bonds earlier this year. He has kept...
They should keep a positive thinking approach: daily life goes in the toilet but they have a beloved leader working on subduing Syria, Libya and the whole Middle East, maybe even beyond. What's not to like?
DX Futures. Nice hedge diversification from Treasuries. To hedge my long ES positions, I switch back and forth between ZB and DX based on momentum .
Try it, you'll be glad you did.
They make it sound like Einhorn "lost" $13.5 Bn. In fact, his AUM went from $15B to $1.5B as clients took their business elsewhere, not because the value of his investments was cut by $13.5Bn
Wassup? Big guys got their balls stuck in the vise and Mr.Market going full strength righty tighty on the 30Y lol
So much for inflation sky's falling...
Your broker issues a 1099 form anytime you sell and he's the one telling the IRS about how much money you made. The cash outflow from your brokerage account to your bank account is not taxable. What's taxable is the trading profit.
Yeah right: pay the wide bid ask spread on BTC futures, then pay .95% each year to the fund for them to buy futures you could buy yourself, and finally cough up the contango roll after roll after roll.
What's not to like? (For the issuer, that is)
Never transfer profits but borrow on margin. Borrowed money is not taxable. Smart rich folks never take their profits, they keep the profitable positions open. There's a bunch of AAPL/AMZN millionaires who will never sell their stocks: they just borrow on margin to pay the bills.
See Ma, no...
????
What happened? Did you get lobotomized? Out of the psycho yard and no meds? Keyboard warrior overcompensating mediocrity through profanity.
Frustrated beyond words. Needs urgent medical attention.
Better things to do with my life than deal with deranged fruitcake. Get lost.
Ignored.