Search found 8377 matches

by grok87
Sun Oct 21, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 101
Views: 4530

Re: Vanguard website problems [Transactions won't go through, 500 error...]

trying to pull up info on a vanguard fund on vanguards website and having problems. it keeps telling me to browse a list of funds and then when i do that and click on the fund it loops me back and tells me to browse a list of funds. anyone else? No. No. I just looked up funds on both the app and we...
by grok87
Sun Oct 21, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 101
Views: 4530

Re: Vanguard website problems [Transactions won't go through, 500 error...]

Doc wrote:
Sat Oct 20, 2018 5:51 pm
grok87 wrote:
Sat Oct 20, 2018 3:21 pm
trying to pull up info on a vanguard fund on vanguards website and having problems. it keeps telling me to browse a list of funds and then when i do that and click on the fund it loops me back and tells me to browse a list of funds.

anyone else?
No.
thanks
by grok87
Sun Oct 21, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 101
Views: 4530

Re: Vanguard website problems [Transactions won't go through, 500 error...]

trying to pull up info on a vanguard fund on vanguards website and having problems. it keeps telling me to browse a list of funds and then when i do that and click on the fund it loops me back and tells me to browse a list of funds. anyone else? Yes and was unable to look up info on the fund. thank...
by grok87
Sun Oct 21, 2018 5:44 am
Forum: Investing - Theory, News & General
Topic: Malkiel no longer endorses blind-folded monkeys, likes smart beta
Replies: 31
Views: 3272

Re: Malkiel no longer endorses blind-folded monkeys, likes smart beta

OK, now I have what Burton Malkiel wrote in the 2015 edition of "A Random Walk Down Wall Street." I said "he trashed it" and that's correct. He spends a full chapter on it, chapter 11, pp. 260-288, "Is Smart Beta Really Smart?" He knocks down everything, listing "the positives" and "the negatives" ...
by grok87
Sat Oct 20, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: DFA small value... acitve management?
Replies: 58
Views: 2652

Re: DFA small value... acitve management?

I do not consider DFA funds as active managed in the traditional sense. You want to know what active management look like in Small Value funds, look at a fund like Third Avenue Small Cap Value (TASCX), this is what variance looks like. DFA funds are quant funds, you may call them passive or rule ba...
by grok87
Sat Oct 20, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 101
Views: 4530

Re: Vanguard website problems [Transactions won't go through, 500 error...]

trying to pull up info on a vanguard fund on vanguards website and having problems. it keeps telling me to browse a list of funds and then when i do that and click on the fund it loops me back and tells me to browse a list of funds.

anyone else?
by grok87
Sat Oct 20, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: DFA small value... acitve management?
Replies: 58
Views: 2652

Re: DFA small value... acitve management?

I do not consider DFA funds as active managed in the traditional sense. You want to know what active management look like in Small Value funds, look at a fund like Third Avenue Small Cap Value (TASCX), this is what variance looks like. DFA funds are quant funds, you may call them passive or rule ba...
by grok87
Sat Oct 20, 2018 6:30 am
Forum: Investing - Theory, News & General
Topic: DFA small value... acitve management?
Replies: 58
Views: 2652

Re: DFA small value... acitve management?

(Shrug) DFA funds are mildly active, in a gentle sort of way. That is why none of them call themselves "index funds." I don't see why there should be any mystery about this except that people want to obfuscate the issue. Their "patient trading" technique is also mildly active, they do some market t...
by grok87
Sat Oct 20, 2018 5:59 am
Forum: Investing - Theory, News & General
Topic: DFA small value... acitve management?
Replies: 58
Views: 2652

Re: DFA small value... acitve management?

from the prospectus on DFAs small value fund DFSVX : "The Advisor may adjust the representation in the U.S. Small Cap Value Portfolio of an eligible company, or exclude a company, after considering such factors as free float, momentum, trading strategies, liquidity, value, profitability, and other ...
by grok87
Fri Oct 19, 2018 7:08 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

columbia wrote:
Fri Oct 19, 2018 7:04 pm
Can one participate in an auction of (new) TIPS through Vanguard?
yes if you have a vanguard brokerage accounts.
by grok87
Fri Oct 19, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

To be fair, it’s not as if bond yields have no natural level. But the natural level is I think roughly related to gdp growth. Ie I think long term real rates might be some function of long term real gdp growth. And I don’t think that level is lower than it used to be. I respectfully disagree. Aging...
by grok87
Fri Oct 19, 2018 6:11 am
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

To be fair, it’s not as if bond yields have no natural level. But the natural level is I think roughly related to gdp growth. Ie I think long term real rates might be some function of long term real gdp growth. And I don’t think that level is lower than it used to be. I respectfully disagree. Aging...
by grok87
Fri Oct 19, 2018 6:10 am
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

Auction yield was 1.235% which I think is about 2.5 bps higher than where the secondary was trading just before auction. I.e. the auction”tailed” massively I.e. the market hates long term tips right now. I deployed all the spare cash I could. Wish I had bought more. grok, always interested to read ...
by grok87
Fri Oct 19, 2018 6:08 am
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

Auction yield was 1.235% which I think is about 2.5 bps higher than where the secondary was trading just before auction. I.e. the auction”tailed” massively I.e. the market hates long term tips right now. I deployed all the spare cash I could. Wish I had bought more. grok, always interested to read ...
by grok87
Thu Oct 18, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: Malkiel no longer endorses blind-folded monkeys, likes smart beta
Replies: 31
Views: 3272

Re: Malkiel no longer endorses blind-folded monkeys, likes smart beta

And Jeremy Siegel is selling WisdomTree ETFs (cap weighted or market weighted or whatever the "not usual weighted" is). I guess these guys spend their lives in academia making comfortable incomes but see the guys they study making the megabux and become tempted. Agree. I read the article. They keep...
by grok87
Thu Oct 18, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

Auction yield was 1.235% which I think is about 2.5 bps higher than where the secondary was trading just before auction. I.e. the auction”tailed” massively I.e. the market hates long term tips right now. I deployed all the spare cash I could. Wish I had bought more. grok, always interested to read ...
by grok87
Thu Oct 18, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

Auction yield was 1.235% which I think is about 2.5 bps higher than where the secondary was trading just before auction. I.e. the auction”tailed” massively I.e. the market hates long term tips right now.

I deployed all the spare cash I could. Wish I had bought more.
by grok87
Thu Oct 18, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: PenFed 3% 5 year certificates are back.
Replies: 19
Views: 2939

Re: PenFed 3% 5 year certificates are back.

Looks like PenFed has upped their game, now offering 3.3% on both 5- and 7-year CDs. Seems like some of the best rates out there. They are probably trying to retain all those folks that took advantage of those great 3% 5-year CDs of late 2013. I’m not sure that 3.3% is enough to keep me there, sinc...
by grok87
Tue Oct 16, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: The Section 199A Tax Benefits Of REITs Over Direct Real Estate Investments at Kitces.com by Jeffrey Levine
Replies: 8
Views: 1017

Re: The Section 199A Tax Benefits Of REITs Over Direct Real Estate Investments at Kitces.com by Jeffrey Levine

Have you ever had to file amended tax returns because of mis-reporting by the reits before? I haven't, but for many, yes, that used to be quite common many years ago. My brokerage (Fidelity) would send out the 1099-DIV summary in late February, and then send out one, two or even three amended 1099-...
by grok87
Tue Oct 16, 2018 7:12 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

tomorrow (wednesday) is the last day to place auction orders (there may be a short window thursday morning. the 30 year tips bonds are trading on the secondary at 95.30. if the auction price is the same (could be higher or lower) you will need roughly $976.58 for each bond, since the index factor is...
by grok87
Tue Oct 16, 2018 6:10 am
Forum: Investing - Theory, News & General
Topic: The Section 199A Tax Benefits Of REITs Over Direct Real Estate Investments at Kitces.com by Jeffrey Levine
Replies: 8
Views: 1017

Re: The Section 199A Tax Benefits Of REITs Over Direct Real Estate Investments at Kitces.com by Jeffrey Levine

Since the late 90's I created my own REIT mutual fund, currently holding 21 Equity REITs, including preferred stock, in a taxable account. This provides a large part of our required household income. Needless to say, Sec. 199A will be a windfall to those who do what I do. But the challenge here is ...
by grok87
Mon Oct 15, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: Does anyone invest in commodities through an index?
Replies: 27
Views: 1617

Re: Does anyone invest in commodities through an index?

Ok, I get it. I have (I think) a prudent portfolio for a retiree, 30% in globally diversified equities with a tilt toward emerging markets (my crystal ball hunch), the other 70% in a 10 year TIPs ladder to cover expenses (in addition to my SS) and the rest in a short term bond fund. So my next ques...
by grok87
Mon Oct 15, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

To be fair, it’s not as if bond yields have no natural level. But the natural level is I think roughly related to gdp growth. Ie I think long term real rates might be some function of long term real gdp growth. And I don’t think that level is lower than it used to be. I respectfully disagree. Aging...
by grok87
Mon Oct 15, 2018 7:05 am
Forum: Investing - Theory, News & General
Topic: Does anyone invest in commodities through an index?
Replies: 27
Views: 1617

Re: Does anyone invest in commodities through an index?

Ok, I get it. I have (I think) a prudent portfolio for a retiree, 30% in globally diversified equities with a tilt toward emerging markets (my crystal ball hunch), the other 70% in a 10 year TIPs ladder to cover expenses (in addition to my SS) and the rest in a short term bond fund. So my next ques...
by grok87
Mon Oct 15, 2018 6:54 am
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

1.5% I start buying, 2%, I'm all in. I don't expect to see the latter for a long time, if ever. yep i also think the days of 2% yield are gone. but never say never i suppose. It's possible. The yields on Japanese 10 year bonds fell below 2% in 1998 and haven't breached that level since. They've bee...
by grok87
Sun Oct 14, 2018 7:43 pm
Forum: Investing - Theory, News & General
Topic: Does anyone invest in commodities through an index?
Replies: 27
Views: 1617

Re: Does anyone invest in commodities through an index?

bebgsurg wrote:
Sun Oct 14, 2018 5:19 pm
People are using the abbreviation CCF. What does it stand for?
Hi bebgsurg and welcome to the forum,
CCF = Collateralized Commodity Futures fund.

this post upthread discusses them
viewtopic.php?f=10&t=261374&p=4166214#p4165226

cheers,
grok
by grok87
Sun Oct 14, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: Does anyone invest in commodities through an index?
Replies: 27
Views: 1617

Re: Does anyone invest in commodities through an index?

bebgsurg wrote:
Sun Oct 14, 2018 5:19 pm
People are using the abbreviation CCF. What does it stand for?
Hi bebgsurg and welcome to the forum,
CCF = Collateralized Commodity Futures fund.
cheers,
grok
by grok87
Sun Oct 14, 2018 5:34 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

gmaynardkrebs wrote:
Sun Oct 14, 2018 4:47 pm
1.5% I start buying, 2%, I'm all in. I don't expect to see the latter for a long time, if ever.
yep i also think the days of 2% yield are gone. but never say never i suppose.
by grok87
Sun Oct 14, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

Nope, bond yields still not that attractive to me. If i'm reading this right: Daily Treasury Real Yield Curve Rates even 5 year TIPS appear to be yielding over 1% , so unless I was planning on building a very long-term ladder, and had especially dismal outlook on the future, locking in for 30 years...
by grok87
Sun Oct 14, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

jebmke wrote:
Sun Oct 14, 2018 2:30 pm
Still got a ways to go for me. When 10-15 years get north of 1.5% I might take a look.
the last time 10 year tips yield was at 1.5% was 2010
https://fred.stlouisfed.org/series/DFII10
by grok87
Sun Oct 14, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

IIRC, the '4% rule' can be guaranteed with a 1.2% real yield. So TIPS are getting closer to offering this (although it's not possible to set up a 30 year TIPS ladder at one point in time, to my knowledge). Of course, that would be locking in some of the lowest historic rates for a balanced portfoli...
by grok87
Sun Oct 14, 2018 5:29 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

garlandwhizzer wrote:
Sun Oct 14, 2018 1:49 pm
Not yet. When it gets to 2%, I'll consider it seriously.

Garland Whizzer
2% would be nice. reminds me of this post back in 2011
viewtopic.php?t=64679&start=50
"30 year TIPs yield at 1.98%- back up the truck, beep, beep.."
by grok87
Sun Oct 14, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

Hi grok, I'm in too, as usual. Just filling out this year's rung on the ladder, building my little LMP. It's been entertaining to follow rates over the last few weeks; especially the slope. And that little equity burp last week wasn't too much of a surprise in that context, seems to me. I suppose r...
by grok87
Sun Oct 14, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: Does anyone invest in commodities through an index?
Replies: 27
Views: 1617

Re: Does anyone invest in commodities through an index?

Swedroe in his books about alternative investments, chapter 3, he says the following... “COMMODITIES, WHICH FALL within the broad category of hard assets, are an interesting class from a portfolio perspective. Since 1970, they have provided relatively high returns, exhibited negative correlations w...
by grok87
Sun Oct 14, 2018 12:01 pm
Forum: Investing - Theory, News & General
Topic: Does anyone invest in commodities through an index?
Replies: 27
Views: 1617

Re: Does anyone invest in commodities through an index?

Do you invest in commodities? And if yes, why? No matter when I look at commodities as a passive investment I come up with the same impression, not worth it. While reading the WSJ, the following article showed up which seems to say it all... Why Commodity-Index Investing May Be Futile It’s harder t...
by grok87
Sun Oct 14, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: The Section 199A Tax Benefits Of REITs Over Direct Real Estate Investments at Kitces.com by Jeffrey Levine
Replies: 8
Views: 1017

Re: The Section 199A Tax Benefits Of REITs Over Direct Real Estate Investments at Kitces.com by Jeffrey Levine

Was there ever resolution to the question of whether REIT mutual funds/ETFs qualified for the favorable tax treatment? My understanding is that the 199A 20% tax deduction benefit will only apply for individual REITs and will not apply for the funds (REIT mutual funds or ETFs). yep, that is my under...
by grok87
Sun Oct 14, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: Does anyone invest in commodities through an index?
Replies: 27
Views: 1617

Re: Does anyone invest in commodities through an index?

Do you invest in commodities? And if yes, why? No matter when I look at commodities as a passive investment I come up with the same impression, not worth it. While reading the WSJ, the following article showed up which seems to say it all... Why Commodity-Index Investing May Be Futile It’s harder t...
by grok87
Sun Oct 14, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: Bloomberg commodities index still in contango
Replies: 88
Views: 8107

Re: Bloomberg commodities index still in contango

latest data out, october report, data as of end of september
https://data.bloomberglp.com/promo/site ... utlook.pdf

bloomberg commodity index still shows material contango at -3.1%. so not time to buy collateralized commodity futures (CCF) yet.
see page 21
cheers,
grok
by grok87
Sun Oct 14, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: Does anyone invest in commodities through an index?
Replies: 27
Views: 1617

Re: Does anyone invest in commodities through an index?

The problem with investing in commodities is that they have an expected real return of zero. Maybe true or false. CCF have 3 sources of return... collateral, spot price, and roll yield. Collateral are usually t-bills so real return of zero or worse (taxes). Spot price is real return zero as you des...
by grok87
Sun Oct 14, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 3813

30 yr TIPs auction: Oct. 18: 1.2% real yield?

This thursday the treasury will be auctioning 30 year tips. Since this is a re-opening, we can look to the secondary market yield of 1.19% for guidance as to what the expected auction real yield might be. I'm hoping we get to at least 1.2% at thursday's auction. I am planning to buy. Anyone else par...
by grok87
Mon Oct 08, 2018 5:52 am
Forum: Investing - Theory, News & General
Topic: "Retirement age uncertainty increases the savings needed for success"
Replies: 48
Views: 4560

Re: "Retirement age uncertainty increases the savings needed for success"

Good article. I like the idea of assuming age 61 for retirement to help in planning. Personally i am going with 62 as that makes it easy to factor in Social Security -since that is the earliest age one can draw social security benefits. Note: i think for most people starting Social Security at age 6...
by grok87
Sun Oct 07, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: Getting the best part of the yield curve without DFA
Replies: 3
Views: 381

Re: Getting the best part of the yield curve without DFA

agree with stlutz that just used funds/etfs to target the duration you want.

the problem with the fama approach is that while it may be the best approach for bonds in isolation it's not clear it is the best approach for a stock/bond portfolio, for example 70/30 or 60/40.
by grok87
Sun Oct 07, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4616

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

Bmac wrote:
Sat Sep 29, 2018 12:27 pm
I don’t know if Vanguard can upgrade your account unilaterally. I think the account owner is required to click through the process. So maybe just keep ignoring the notifications for 3 more months.
that is my understanding as well
by grok87
Sat Oct 06, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!
Replies: 18
Views: 1122

Re: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!

Since QSPIX's inception (10/30/2013) ... QSPIX: +31.3% VMNFX: +11.7% I think Asness is winning. i don't think QSPIX (aqr style premia fund) and VMNFX (vanguard market neutral fund) are strictly speaking comparable. Morningstar for example puts QSPIX in the multi-alternative category and VMNFX in th...
by grok87
Sat Oct 06, 2018 8:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!
Replies: 18
Views: 1122

Re: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!

Based on all history to date, the only question I have is why one would want either one. I did get a kick out of this line from the annual report for the VG fund: "The strongest driver of performance during the period was our positioning in commodity-linked investments, which led to the fund's bigg...
by grok87
Sat Oct 06, 2018 8:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!
Replies: 18
Views: 1122

Re: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!

Based on all history to date, the only question I have is why one would want either one. Very well, QSPIX (yellow) beat the category average (orange), and VASFX (blue) beat QSPIX--but neither of them beat Morningstar's "moderate target risk" benchmark (green). To my eyeball it doesn't look as if ei...
by grok87
Sat Oct 06, 2018 7:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!
Replies: 18
Views: 1122

Re: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!

Never thought I would see the day when there is a serious debate on which one of the loser funds earning 2% annualized over 3 yeard period is better, that too at a time a straight S&P 500 fund would have earned 15% annualized. I think the point of investing in alternatives is that there may be peri...
by grok87
Sat Oct 06, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!
Replies: 18
Views: 1122

Re: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!

I looked up the Vanguard fund on the Vanguard website. From the description, I have no idea what this fund does. I seriously doubt though that it’s an apples to apples comparison with QSPIX. Each fund is so unique with so many moving parts; likely different beasts. To me it looks like the AQR fund ...
by grok87
Sat Oct 06, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!
Replies: 18
Views: 1122

Re: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!

Since inception of Vanguard Alt Strategies, looks like AQR Style Premia is up more but with higher vol (less than 3 years history, doesn't say much)? thanks. can you post your figures please? one of the reasons for my post is that VASFX now has a 3 year history (which is what i did the comparison o...
by grok87
Sat Oct 06, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!
Replies: 18
Views: 1122

Re: Vanguard's Shtekman and Xu beat Asness: Alt. Strategies (VASFX) vs. AQR (QSPIX)!

Haha, nicely done VG! One of these days when our portfolio is sizeable, we might throw in some ca$h at alternatives. I imagine that by then the funds will have a long track record. (not happening anytime soon for us) My target for Alternatives other than real-estate is 5% of my risk portfolio. I’m ...