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What are y'alls thoughts on IBLN, the billionaire indexed ETF
Posted on 12/29/14 at 8:23 am
Posted on 12/29/14 at 8:23 am
1
Posted on 12/29/14 at 1:44 pm to white perch
Probably a pretty shitty investment.... looks like it makes investment decisions based on 13-F's of hedge fund managers... but this is a trailing indicator since they are only reported quarterly and on a delay.
So you're not really "buying what the billionaires are buying".... you're buying what they said they had a month or two ago...
So you're not really "buying what the billionaires are buying".... you're buying what they said they had a month or two ago...
Posted on 12/29/14 at 1:48 pm to jso0003
I wouldn't go near it even if it didn't lag.
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