另外如果俾你揀你會揀edv,vglt定tlt【語重心長】投資新手或者唔想再做傻散嘅入一入嚟（8）
JovianJulia
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另外如果俾你揀你會揀edv,vglt定tltHold咗rssb兩個月 好似唔多睇得出兩倍槓桿嘅優勢
https://x.com/Mysterybuzu/status/1935295577685930433
2）該基金在宣傳資料中宣稱，其37年歷史上的最大虧損為-28%
3）同時，該基金的日收益已達-32%
2）該基金在宣傳資料中宣稱，其37年歷史上的最大虧損為-28%
3）同時，該基金的日收益已達-32%
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3622753
分享之前睇到嘅paper
Abstract:
We document and explain the sharp performance deterioration of smart beta indexes after the corresponding smart beta ETFs are launched for investment. While smart beta is purported to deliver excess returns through factor exposures, the market-adjusted return of smart beta indexes drops from about 3% “on paper” before ETF listings to about -0.50% to -1% after ETF listings. This performance decline cannot be explained by variation in factor premia, strategic timing, or diminishing returns to scale. Instead, we find strong evidence of data mining in the construction of smart beta indexes, which helps ETFs attract flows, as investors respond positively to backtests
etf list之前嘅data不可信
分享之前睇到嘅paper
Abstract:
We document and explain the sharp performance deterioration of smart beta indexes after the corresponding smart beta ETFs are launched for investment. While smart beta is purported to deliver excess returns through factor exposures, the market-adjusted return of smart beta indexes drops from about 3% “on paper” before ETF listings to about -0.50% to -1% after ETF listings. This performance decline cannot be explained by variation in factor premia, strategic timing, or diminishing returns to scale. Instead, we find strong evidence of data mining in the construction of smart beta indexes, which helps ETFs attract flows, as investors respond positively to backtests
etf list之前嘅data不可信
但佢個網to Mar 2025 但張圖to 17 Jun 2025
撞正油價大升 佢又short9油
唔知佢遲啲會唔會改返
撞正油價大升 佢又short9油
唔知佢遲啲會唔會改返
睇比例？如果10%嘅咁EDV
啲人怕美債收皮呀嘛，過去兩個月同VT叫持平啦
屌
聽日又唔知跌幾多
聽日又唔知跌幾多其實自佢1988年岀個 index就已經 alpha decay緊，但又要同股債零 correlation, 冇residual beta, 又要有 crisis alpha, 選擇真係唔多，起碼就算08年之後佢橫行咗咁耐都仲有 crisis alpha，但我都要再諗吓個比例，平衝返大熊市同平常時段嘅心理壓力
我見DBMF雖然 crisis alpha冇KMLM咁好，但似乎alpha decay問題不大，因為underlying 嘅hedge funds方法日新月異
，但又要同股債零 correlation, 冇residual beta, 又要有 crisis alpha, 選擇真係唔多，起碼就算08年之後佢橫行咗咁耐都仲有 crisis alpha，但我都要再諗吓個比例，平衝返大熊市同平常時段嘅心理壓力我見DBMF雖然 crisis alpha冇KMLM咁好，但似乎alpha decay問題不大，因為underlying 嘅hedge funds方法日新月異
但老實講我反而又冇乜心理壓力 都預咗擺得耐又冇乜所謂 呢啲突發性嘅事件我哋都控制唔到
聽日返工睇 點解成日搵到啲咁有營養嘅paper
Thank you 好人一生平安
因為樓主高汁
其實都係twitter咁啱見到
其實都係twitter咁啱見到
依篇幾高汁
但如果佢可以分析埋一啲突發性嘅事件搞到一野偏離咗原本嘅trend，後續嘅表現係點會更加好
tldr strong hold
但如果佢可以分析埋一啲突發性嘅事件搞到一野偏離咗原本嘅trend，後續嘅表現係點會更加好
tldr strong hold
突然有個姨媽比咗10萬蚊我叫我幫佢投資，拎嚟all in RSSB小試牛刀好唔好？
暫時我嘅holdings 係8:2 VOO 同 TLT
本身打算轉VT 嘅
暫時我嘅holdings 係8:2 VOO 同 TLT
本身打算轉VT 嘅
點定義早期
咩年齡開幾多杠桿
咩年齡開幾多杠桿
@JJ巴
