Another query for VSEO

[Englebert]

4 minutes ago, VeryStableEnlightenedOne said:

Show me the monayyyyyyyyyy

Show me your skills. Oh wait, you have already...for free...and I still didn't get my money's worth.

[stevenash]

14 minutes ago, VeryStableEnlightenedOne said:

Brother -

 

I don’t mean to crap on your profession because I truly do believe you are one of the exceptions. But generally speaking, financial advising is the lowest of the low as far as finance career prospects, prestige and competitiveness. Financial advising was all of my classmates’ backup plans in case they didn’t land any real asset management jobs. Only the dumbest ended up settling for those jobs. There’s a reason why every single bank has a bazillion open finanxial advisor positions and recruit at every school in the country, including LAMAR University.

You know your mutual funds, ETFs, Taxes, estate planning, and legal processes I’m sure. But clearly you don’t know much about anything else. Stick to your strengths.

Really?   Just a small bit of info for you.  Several years ago, two ladies who were Ivy League grads decided to join a major firm in Chicago.  They didn't last long because they could not pass the series 7 securities exam.  How do you know whether or not I know my mutual funds, ETF, taxes, and estate planning?  For all of us who are not enlightened, please tell us what you bring to the table that makes your value so much higher?  All you are doing is, once again, reinforcing the democrat mantra of "I am smarter than you are" which has been disproven via the 2016 Presidential election,  the Kavanaugh hearings, and the extremely farcical Mueller "investigation".  Generally speaking, the more frequently one cries about being smarter than someone else, he is actually trying to convince himself of that contention.

[stevenash]

Put your stock recommendations up and prove your contention.

[stevenash]

10 stocks chosen from listing on major exchanges with credible daily volume.  Get off the money thing.  It's a very weak curtain behind which you are trying to hide and it appears as though everyone sees through it.

[stevenash]

And its not my fault you were incapable of securing a securities license.

[stevenash]

9 minutes ago, VeryStableEnlightenedOne said:

Not my fault you couldn’t get a real asset management job and settled for financial advising 

I got the job I was seeking and am very glad I have it.  By the way, it's pretty tough to call yourself an asset manager if you are incapable of investing the money yourself instead of having someone else do it.

[stevenash]

I stand by that.  You DON't have the slightest idea what I do.    You THINK you do just as you think you know everything connected with the financial world.  I know better than that and so do you.  You made a broad generalization about retail stock brokers and applied that to me.  Continue with your assumptions and suppositions.  I enjoy it.

[stevenash]

I have spent plenty of time with a large number of people who do what you purport to do.  I have lots of communication with the largest asset manager in the world who handles some  of my accounts that demand/require an institutional presence.  That's one of the reasons I know your allegation that retail money can't compare to institutional money is far from being accurate in many instances.  I find it VERY ironic that you speak of my ego but continue to tell me how much smarter you are than I am.

[stevenash]

5 minutes ago, VeryStableEnlightenedOne said:

I mean you started off this topic by saying hedge funds was a failed “strategy” and limited partnership are rip-offs (lol what!!), so.. You made yourself look dumb 

 

If you go start a topic on taxes and estate planning - I’ll easily and quickly defer. That’s not my expertise and I don’t pretend it to be. 

SHOW ME where I said hedge funds was a failed strategy.

[stevenash]

4 minutes ago, VeryStableEnlightenedOne said:

Your OP - “Do you have any idea how many hedge funds have gone out of business since you were last here and trumpeting their investment expertise?”

What was the point of this post? Everyone know many have gone under, no one is debating that. 

The emboldened says NOTHING,NADA,ZILCH about being a failed strategy.   It simply says that there are lots of hedge funds that are lousy at what they do.  Nice try, but you chose to interpret something that wasn't there.  Sort of like the Mueller investigation.  Additionally, your irrelevant reply to the question was something that did not even attempt to address the question but rather to try and portray yourself as more knowledgeable, more sophisticated, more enlightened.  But, everyone is used to that by now.

[stevenash]

That was my point exactly.  They have been largely, in recent years, terrible.  ( re read the calpers article) And for pre-emptive purposes, let me suggest that you avoid the following terminology in your efforts to impress everybody on this board.  Many of us are familiar with standard deviation, alpha, beta, Sharpe ratio ,R-squared, upside capture ratio, downside capture ratio, maximum drawdown, etc etc. when it comes to measuring performance and volatility.  Just wanted to save you some of your valuable, high priced time.