Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
Unthreaded | Threaded | Whole Thread (3) |
Author: rayvt ✧🐝  😊 😞
Number: of 15061 
Subject: Re: Buffett must be filled with joy about this,
Date: 11/02/2024 10:43 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 1
The fund is only trying to double BRK.B's return for a single day. Investors who hold the ETF for more than one day may get a return that is more, or less, than double the return of the stock over the same period.
...
Hence the warning in the prospectus that "investors should not plan to hold shares of the Fund unmonitored for periods longer than a single trading day."
...
"designed to be utilized only by sophisticated investors, such as traders and active investors employing dynamic strategies."

Yet there is this: https://testfol.io/?d=eJy9j7FOxEAMRP%2FF9RahodgaUR...

Of course, it helps that this period was a long bull market.

B&H 2X & 3X daily QQQ, 2010 - 2024
Name      CAGR      Max Drawdown        Volatility          
QQQ       18.87%    -35.12%             20.45%    
QLD       32.22%    -63.68%             40.83%    
TQQQ      41.74%    -81.66%             60.53%

For a $10,000 initial investment:
Name      Ending Value
QQQ        $127,374
QLD        $610,712
TQQQ     $1,698,514

In the words of my wife's best friend: "It's a great life if you don't weaken."
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (3) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds