• KevonLooney@lemm.ee
    link
    fedilink
    arrow-up
    2
    ·
    8 months ago

    It’s not though, because you don’t know about the trades ahead of time. If you can use delayed info, the actual stock market is delayed info too. You only know about it after it happens.

    • disguy_ovahea@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      8 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
        link
        fedilink
        arrow-up
        2
        ·
        8 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
            link
            fedilink
            arrow-up
            1
            ·
            edit-2
            8 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
                link
                fedilink
                arrow-up
                1
                ·
                8 months ago

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

              • KevonLooney@lemm.ee
                link
                fedilink
                arrow-up
                1
                ·
                8 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.