SI
SI
discoversearch

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 : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (42559)5/7/2011 10:13:05 AM
From: Jurgis Bekepuris  Read Replies (2) of 78753
 
I guess if you use 5 year chart for a fund (FVVAX) that has been started less than a year ago, you can make any claims you want. ;) Maybe you should hold your horses for another 4.5 years. ;)

finance.yahoo.com^GSPC

I agree that "value" indexes are not necessarily very good though.

If you look at RSP and PRF, they have beaten "market weighted" S&P500, but not NASDAQ (whatever Yahoo means by NASDAQ - I have no clue):

finance.yahoo.com^GSPC&c=^IXIC&c=^DJI

Market weighted indexes accentuate momentum investing: rising market cap leads to higher weighting leads to more buying leads to rising market cap and so on; falling market cap leads to lower weighting leads to selling and so on. The only positive is that the reweighting is not instant.

(DOW is not market weighted and it's a very very bad index overall as discussed by Ken Fisher).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext