Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: FoodLong CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 182  
Subject: Re: Red thumbing "Inverse" and "B Date: 12/1/2011 3:33 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
Yeah all the top rated players scores are nothing more than a bunch
of cheezeball thumbing of x3 ETF's now.

IMO all ETF's should be removed from caps.

When you mention this though there's a whole community of players
who think that this is somehow a legit strategy and somehow brings
some kind of knowledge or value to CAPS.

They don't see why this on many levels has wrecked CAPS. They even go
as far, as saying that your somehow implying that ETF's are bad vehicles
for investment, which of course is ridiculous.

The other real big problem with this is the fact that there are frequently x10+ ETF's pointing at exactly the same index, and players
are stacking them.

To me the whole point of CAPS is people trying to pick individual stocks
that will outperform or under perform the market over time. I believe the ETF's greatly take away from this.

If a player thought that small cap Japanese stocks were highly undervalued and thumbed up ONE small cap japan ETF I guess this would be ok. But of course he could thumb up 3 different small cap japan ETF's, and very likely they would have some of the same stocks. To me this is just dumb.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Post of the Day:
Value Hounds

Medallion Financial: TAXI!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement