Not exact matches
Can you share the
numbers for top 1 percentile
i.e. what was the performance
of the top 25 to 30
stocks based on this filter?
For Vanguard funds with multiple share classes, such as Total
Stock Market Index, NAV actually is determined separately for each share class (Investor, Admiral, ETF);
i.e., the proportion
of the mutual fund net assets for each share class are divided by the
number of shares for that share class.
A meaningful
number of common
stocks in Third Avenue portfolios enjoy Berkshire - Hathaway characteristics,
i.e., finances are strong, the companies have superior managements and the prospects for NAV growth appear very good.
I've long persuaded myself I'm just looking at a spreadsheet &
numbers each day that simply documents the ongoing results
of an interesting intellectual exercise —
i.e. stock - picking.
There's little way» round this — you obviously have to compromise (
i.e. increase the incremental size
of your trades) in terms
of averaging individual
stocks, but hopefully my advice is still generally helpful, while averaging into / out
of a
number of stocks at a time would be a useful & valuable strategy regardless.
This is based on the assumption that a large
number of TSP participants have their investments in
stock funds (
i.e., C, S or I), where, in most years, the return is greater than that
of the G fund.