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Old 11-30-2006, 01:24 AM   #1
FinanceDude
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Interesting Article??



http://www.marketwatch.com/news/story/etf-pioneer-says-traditional-indexing/story.aspx?guid=%7B95BF8783%2D3D29%2D41EE%2DB4BC%2 DEA94547CE616%7D&siteId=mktw
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Old 11-30-2006, 11:50 AM   #2
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Re: Interesting Article??

Now that is self-serving financial porn. :P There are some good EFT products but an index IS supposed to reflect a market. No problem if someone wants some quantative investment system, just don't call it an index.
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Old 11-30-2006, 12:04 PM   #3
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Re: Interesting Article??

Quote:
They stayed after us and we were able to work out something where if things did go very well we would be able to participate in that growth.
Translation ~" They promised to bribe us with much more money in the future"
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Old 11-30-2006, 12:22 PM   #4
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Re: Interesting Article??

Quote:
Originally Posted by yakers
Now that is self-serving financial porn. :P
It's new. It's different. It's hot. It doesn't work like other indexes.

Don't worry about how it works or what it costs.

Actually, porn might be more satisfying.
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Old 11-30-2006, 01:00 PM   #5
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Re: Interesting Article??

Oh, yeah...

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