You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Give advice to a young buck...
- Thread starter wutangfinancial
- Start date
Dimensional Fund Advisors is based around that exact model-charging a management fee for managing passive investments...you're paying for their wisdom that markets are efficient...and that you can tilt returns only by increasing your small cap and low price-to-book exposure. They're the most honest financial advisors out there. They take less than a % and give you academically (Fama, French, etc.) sound management.
DFA is clear about their strategy too-and it was started by a guy who felt guilty churning customers accounts in a selfish attempt to collect fees/commissions at one of the big wire houses.
DFA is clear about their strategy too-and it was started by a guy who felt guilty churning customers accounts in a selfish attempt to collect fees/commissions at one of the big wire houses.
oh yeah, I never claimed to be an expert prop trader. Did you even read that link?
Second-I have some more intelligent index style strategies involving options, but only for insurance purposes. I'm not talking about anything revolutionary, but sometimes less is more. In fact, most active managers suck cuz their too active.
Second-I have some more intelligent index style strategies involving options, but only for insurance purposes. I'm not talking about anything revolutionary, but sometimes less is more. In fact, most active managers suck cuz their too active.
Quote from wutangfinancial:
Dimensional Fund Advisors is based around that exact model-charging a management fee for managing passive investments...you're paying for their wisdom that markets are efficient...and that you can tilt returns only by increasing your small cap and low price-to-book exposure. They're the most honest financial advisors out there. They take less than a % and give you academically (Fama, French, etc.) sound management.
DFA is clear about their strategy too-and it was started by a guy who felt guilty churning customers accounts in a selfish attempt to collect fees/commissions at one of the big wire houses.
borat: the market isa very efficience!! I like!! (pause) NOTT!
why not apply to DFA? I am sure they will hire you. May start out as a coffeboy but you will quickly move through the ranks with your experience.
Quote from wutangfinancial:
oh yeah, I never claimed to be an expert prop trader. Did you even read that link?
Second-I have some more intelligent index style strategies involving options, but only for insurance purposes. I'm not talking about anything revolutionary, but sometimes less is more. In fact, most active managers suck cuz their too active.
It's your know it all arrogance. You start a thread seeking advice, dismiss the good advice given to you, then start another thread in the completely different direction. You seem to have a quick and easy answer to every suggestion, so i assumed you're an expert. When can we see your profile in market wizards?
speaking of hedge funds.
has anyone read that article about the multi millionaire 22 year old investing in hedge funds?
has anyone read that article about the multi millionaire 22 year old investing in hedge funds?