Stock trading

Discussion in 'Non Surf Related' started by Zippy, Dec 25, 2016.

  1. BonerSurfs

    BonerSurfs Well-Known Member

    504
    Apr 14, 2007
    Gotcha Yank...

    Anyways, Yankee divulged about his past in a similar thread a few years ago. Dude was trading with the big boys (were talking legendary traders) when half of y'all were still not even a glimmer in your dads eyes. Your basically arguing with your professor here...
     
  2. zagaff3r

    zagaff3r Well-Known Member

    251
    Dec 30, 2016
    Yankee doesn't have arguments. He just stabs u in the neck with whatever is closest. Repeatedly
     

  3. yankee

    yankee Well-Known Member

    Sep 26, 2008
    lol, I like to stick 'em with a properrre 'gaffe'

    Boner, you got stones - - anyone doing what this guy is doing, and making a living at it, for over a couple years....? Is good. Props, bruddah. Genpop has no idea, no freakin' clue, how difficult it is to make money trading. Let alone make your living at it.
     
    Last edited: Mar 5, 2017
  4. Barry Cuda

    Barry Cuda Guest

    Buy low.
    Sell high.
     
  5. frost

    frost Well-Known Member

    Jul 31, 2014
    this market rally is getting quite long in the tooth......caution XXXX
     
  6. yankee

    yankee Well-Known Member

    Sep 26, 2008
    MoneyBeat
    Wall Street Rout: Indexes Beat Stockpickers 92% of the Time

    By Daisy Maxey
    Apr 12, 2017 1:55 pm ET
    Wall Street Journal

    Active mutual-fund managers say you can’t judge their performance against passive benchmarks over short time periods. Is a decade and a half long enough?

    Over the 15 years ending December 2016, 95.4% of U.S. mid-cap funds, 93.2% of U.S. small-cap funds and 92.2% of U.S. large-cap funds trailed their respective benchmarks, according to the latest S&P Indices Versus Active funds scorecard. The analysis, known as Spiva, is published semiannually by S&P Global using a methodology that includes funds that have been liquidated or merged out of existence.

    This was the first year that the analysis included 15 years of data, which helps to offer a “more stable narrative,” given that the performance of active managers can vary based on market cycles, says Aye Soe, managing director of research and design at S&P Dow Jones Indices.

    “We often hear from active managers, ‘You need to measure us over a longer-term cycle,’” she says. “Even over a full market cycle, which includes peaks and troughs, we still see the majority of active managers performing unfavorably against their benchmarks.”

    The results gibe with a recent Wall Street Journal series exploring the rise of passive investing and the notion that stock-pickers can’t pick stocks well –or at least well enough to justify the fees they charge–and that even those managers who do outperform their passive counterparts can’t sustain it year after year.

    The Spiva survey period ended during a year of geopolitical tumult of the sort that sometimes is thought to benefit active managers, with market-churning events including Britain’s vote to exit the European Union and Donald Trump‘s surprise election to the U.S. presidency. Yet not even the volatility that came with those events was enough give many more active fund managers the edge over indexes.

    S&P Dow Jones Indices found that 89.4% of U.S. mid-cap stock funds, 85.5% of small-cap funds and 66% of large-cap actively managed funds trailed their benchmarks in 2016. That came in a year in which stock markets performed well. The S&P 500 index delivered a total return of nearly 12% last year, while the S&P MidCap 400 and the S&P SmallCap 600 rose 20.7% and 26.6%, respectively.

    Still, some fund managers say active investing has a place in today’s world.

    Bob Robotti, president and chief investment officer at Robotti & Co. in New York, has been picking stocks for more than 30 years and says he still believes in it. Mr. Robotti’s investments fell sharply in 2014 and 2015, but outpaced the market in 2016 and have outperformed the S&P 500 so far this year.

    Some of the active managers who have lost money to passive funds in recent years may do better going forward because so much money has flooded into index funds stretching valuations, he says. That gives active managers who can be selective in their investments an edge.

    But while he maintains faith in active investing, he says he believes that low-fee index funds can produce good returns for those who invest their money over time and stay put.

    https://blogs.wsj.com/moneybeat/201...kers-a-decade-and-a-half-of-underperformance/
     
  7. Yankkee

    Yankkee Well-Known Member

    Nov 8, 2017
    btw, what happened to ol' Zippy? (the OP)
     
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  8. Barry Cuda

    Barry Cuda Well-Known Member

    Nov 19, 2018
    He was attacked and devoured by a large flock of revenge minded pigeons!!!
     
  9. La_Piedra

    La_Piedra Well-Known Member

    Oct 9, 2017
    I wouldn't mind being her pool boy, she's pretty easy on the eyes

    always wanted to be a "kept man" but always wind up being the sugar daddy instead

    dayum
     
  10. nopantsLance

    nopantsLance Well-Known Member

    Aug 15, 2016
    [​IMG]
     
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  11. La_Piedra

    La_Piedra Well-Known Member

    Oct 9, 2017
    lance you're a dikk lol
     
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  12. ChavezyChavez

    ChavezyChavez Well-Known Member

    Jun 20, 2011
    What's the over/under on Bezos ending up with a 27 year old, big-boobed, platinum blond?
     
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  13. JayD

    JayD Well-Known Member

    Feb 6, 2012
    Lauren Sanchez
     
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  14. ChavezyChavez

    ChavezyChavez Well-Known Member

    Jun 20, 2011
    If I had his dough I'd have 4 or 5 Lauren Sanchezes just laying around the house .
     
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  15. DawnPatrol321

    DawnPatrol321 Well-Known Member

    Mar 6, 2012
    La_Piedra likes this.
  16. La_Piedra

    La_Piedra Well-Known Member

    Oct 9, 2017
    Haha Bezos just sealed his own death warrant.

    Cheat on an Hispanic and you'll wake up with your own balls in your mouth lol

    She probably thought he was winking at her.
     
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  17. La_Piedra

    La_Piedra Well-Known Member

    Oct 9, 2017
    So does that mean Wall St. is going to devalue Amazon by 50%?

    Meanwhile, a butterfly farts in Zimbabwe.
     
  18. nopantsLance

    nopantsLance Well-Known Member

    Aug 15, 2016
    [​IMG]
     
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  19. Zippy

    Zippy Well-Known Member

    Nov 16, 2007
    Heeeya I is!!
     
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