• disguy_ovahea@lemmy.world
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    7 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
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      7 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
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          7 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.

            • B0rax@feddit.de
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              7 months ago

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

            • KevonLooney@lemm.ee
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              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.