$14 to $160 without a soul talking about it.
We all gallivant (some gallivant more than others) around town, looking for the next AAPL. But while we juggle pinless hand grenades, the asset managers steadily progress higher. In my opinion, this is a no-brainer, low risk trade, in a bull market. You might be a horrendous stock broker; but there are highly successful people in the field of asset management.
Feel free to suck from their tits (female) and ingest their milk (no cow).
As assets increase in value, fees increase. Moreover, as the market advertises itself by making new highs, more money is tossed into the market, further enhancing the fees our beloved money managers procure.
Here are the top 25 performers, over the past 6 months, in the asset management space.
I am long BX until $21.
17 Responses to Focused on Asset Managers
Was that you that drove up the price on WEFT today?
Selling increments of 100 shares at a time until it peaked at $9.74?
By the way, was wondering why did you flip out of WETF to go int BX?
WEFT was performing very well.
Wanted to climb up the market cap class, reduce risk.
OUR NATIONS BLOOD & TREASURE for financial companies.
I see the scam here – most have average daily volume just low enough to keep themselves off my radar
Ahhhh, Inshallah, the cursing is back!
He sure did.
Wonder if Fly will self impose a penalty- like going to the mall with Mrs. Fly.
I did not curse.
There is no god, so god damn it is not a problem
Tits. You said “tits”. And there are tits.
He meant “teats”. Fly, please fix it.
And he did intend to write “darn” and not “damn”.
So fix that too, please.
I hate earnings season, for the most part. I had two big losers today in RVBD and JE! I knew I was going to lose pretty big on those two. What could I do?
I was watching Cramer discussing LNKD and how it had blow out earnings last night and he recommended at the open to “BUY,BUY,BUY”!
And so I did, and I recaptured more than half of my losses.
Better than nothing!
JE killed me too.
OUCH!. Bad time to announce a poison pill at the same time you cut your divvy.
That being said I think it’ll stabilize here in the mid 8′s.
WETF – Inflows into ETFS
2012 – 4,732,211,635
2013 includes up to Feb. 7, 2013
At this pace WEFT should match last year’s entire inflows within 2 weeks!
WETF-WEFT I must be dyslexic.