Steve's Channelling Thread Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Steve's Channelling Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SBHX who wrote (7092)	11/2/2000 6:05:49 PM
From: Logain Ablar	Read Replies (1) of 30051

SbH: Fund managers primary investment analysis does not include selling securities to offset gains. Don't believe what you hear from the sell side analyst and what they say to the news media to be repeated. They sell to get rid of losers for window dressing. If they sold for taxes they couldn't buy back for 30 days. Just remember their financial incentives are based upon funds under management. This includes unrealized gains (losses) but no where does it include taxes. Shareholder taxes do not, I repeat do not, come into play in the risk / reward analysis done by fund managers. Individuals on the other hand will be looking real hard if they have realized gains. They really start to focus in mid to end of November to mid December. Now large financial institutions, lets say insurance companies with large stock portfolios may sell some losing positions if they have realized gains but that can lead to other issues. Even here the portfolio managers base their decisions on risk / reward, not taxes, but senior management has a way of influencing the managers salary, bonus, job so they are more agreeable. FWIW Tim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next