• @[email protected]
    link
    fedilink
    23 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.

      • @[email protected]
        link
        fedilink
        1
        edit-2
        3 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.

        • @disguy_ovahea
          link
          13 months ago

          Fair point. It’s also too new for us to truly gauge its success. I guess we’ll know in six months.

          • @[email protected]
            link
            fedilink
            13 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.

          • @[email protected]
            link
            fedilink
            13 months ago

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