Blog

Thoughts and musings from my desk to you.

Smart Money? Maybe. Brilliant Money? Never.

funds, stock market

Like all industries, there is a pecking order in the investment arena, a hierarchy, if you will. At the top of the financial pyramid are the hedge fund and private equity businesses. At the base of the pyramid is the bank teller. While often grouped together, the hedge fund and private equity businesses are very different since hedge funds normally trade in listed securities that are available to everyone. In contrast, private equity is comprised of companies that don’t trade anywhere. Those listed securities in the hedge fund space could be options, stocks, preferreds, bonds, futures, and may or may not include leverage, or borrowed money.

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Why Are ETFs Better Than Mutual Funds?

ETF, funds

Exchange-Traded Funds (ETFs) are taxed based on each individual’s tax basis in the shares, and the activity of other investors does not result in shared taxation. This offers ETF investors a significant advantage when seeking long-term compounded return.

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Figures Don’t Lie, But Liars Do Figure

funds

A new study released in October 2021 revealed the sneaky behavior of mutual fund managers in selecting their comparative benchmarks. The SEC requires mutual funds to illustrate how fund performance compares to an index for 1, 5 & 10 year periods.

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Gil's Musings

Learn about the world of investing from an industry veteran. Gil's Musings are inspired by Gil's thoughts on timely finance topics, stock market trends and the psychology behind smart investments.

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