Pressure on mutual funds

19,757 Views | 211 Replies | Last: 3 yr ago by HoustonAggie37713
Ted Lasso
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TWTR leap puts if you think this makes a meaningful impact over the next 12-24 months. Cheap enough now that there is minimal capital risk
BluHorseShu
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MemphisAg1 said:

This is one reason, among others, I've shifted from mutual fund investing to picking my own stocks.

If everyone did that, OP wouldn't have a job. You trying to take jobs away from conservatives?
HoustonAggie37713
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The Chicken Ranch said:

I would think that the Biden Admin would be bullish big tech.


Yes. They are the ones telling their unions not to sell. It's not all fundamentals. Stocks like ABML should be bought and held as they will skyrocket under Biden or a GOP president.
YouBet
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This is merely an evolution from leftist activist investors realizing they can steer a company from within. It started with environmental causes and voting proposals at annual investor meetings by forcing everyone to adopt a "green strategy", moved onto phenotype policies for women and blacks, and now it's morphed into macro level political decisions.

This was always going to happen once companies felt the need and societal pressure to stake a position on a political issue.
Science Denier
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HoustonAggie37713 said:

I work for a hedge fund and client face several fund managers who represent everyone from Unions to University endowments to wealthy individuals.

I have been asked by 3 different entities if our actively managed fund will be selling Twitter, Amazon, Facebook, Google, etc if they fall (and some already have) in markets this week.


If we sell, I've been told that membership in some of these groups will have to move money out of our fund.


So if you think this isn't effecting you, think again. This is potentially trillions of dollars of holdings that cannot be sold no matter what happens because liberals will take their money elsewhere. This follows similar tactics to not own weapons stocks, energy stocks, etc. The free market is not free any longer. Funds will have to hold 100% liberal backed stocks or lose their capital.


They can be sold. And, if these stocks drop, they should be sold. Just because some won't sell for fear of losing some investors doesn't mean these can't be sold.
administrative errors
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HoustonAggie37713 said:

I work for a hedge fund and client face several fund managers who represent everyone from Unions to University endowments to wealthy individuals.

I have been asked by 3 different entities if our actively managed fund will be selling Twitter, Amazon, Facebook, Google, etc if they fall (and some already have) in markets this week.


If we sell, I've been told that membership in some of these groups will have to move money out of our fund.


So if you think this isn't effecting you, think again. This is potentially trillions of dollars of holdings that cannot be sold no matter what happens because liberals will take their money elsewhere. This follows similar tactics to not own weapons stocks, energy stocks, etc. The free market is not free any longer. Funds will have to hold 100% liberal backed stocks or lose their capital.
any of these clients asking for bitcoin etf's or direct investments, yet?
Science Denier
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HoustonAggie37713 said:

The Chicken Ranch said:

I would think that the Biden Admin would be bullish big tech.


Yes. They are the ones telling their unions not to sell. It's not all fundamentals. Stocks like ABML should be bought and held as they will skyrocket under Biden or a GOP president.


OK, so Ifnthr stocks go up, how the hell does any of your post matter to "everyone"?
HoustonAggie37713
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Science Denier said:

HoustonAggie37713 said:

I work for a hedge fund and client face several fund managers who represent everyone from Unions to University endowments to wealthy individuals.

I have been asked by 3 different entities if our actively managed fund will be selling Twitter, Amazon, Facebook, Google, etc if they fall (and some already have) in markets this week.


If we sell, I've been told that membership in some of these groups will have to move money out of our fund.


So if you think this isn't effecting you, think again. This is potentially trillions of dollars of holdings that cannot be sold no matter what happens because liberals will take their money elsewhere. This follows similar tactics to not own weapons stocks, energy stocks, etc. The free market is not free any longer. Funds will have to hold 100% liberal backed stocks or lose their capital.


They can be sold. And, if these stocks drop, they should be sold. Just because some won't sell for fear of losing some investors doesn't mean these can't be sold.


I never said they can't be sold. I said that if you're doing sue diligence and research you need to know they are being manipulated.
HoustonAggie37713
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Science Denier said:

HoustonAggie37713 said:

The Chicken Ranch said:

I would think that the Biden Admin would be bullish big tech.


Yes. They are the ones telling their unions not to sell. It's not all fundamentals. Stocks like ABML should be bought and held as they will skyrocket under Biden or a GOP president.


OK, so Ifnthr stocks go up, how the hell does any of your post matter to "everyone"?


They are being manipulated. It matters. If you disagree that's fine as well. Anyone who owns mutual funds should be concerned. The algorithms that control dynamic rebalancing based on volatility are now completely out of whack. Professionals are scrambling. Not just average Joe.
YouBet
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Science Denier said:

HoustonAggie37713 said:

I work for a hedge fund and client face several fund managers who represent everyone from Unions to University endowments to wealthy individuals.

I have been asked by 3 different entities if our actively managed fund will be selling Twitter, Amazon, Facebook, Google, etc if they fall (and some already have) in markets this week.


If we sell, I've been told that membership in some of these groups will have to move money out of our fund.


So if you think this isn't effecting you, think again. This is potentially trillions of dollars of holdings that cannot be sold no matter what happens because liberals will take their money elsewhere. This follows similar tactics to not own weapons stocks, energy stocks, etc. The free market is not free any longer. Funds will have to hold 100% liberal backed stocks or lose their capital.


They can be sold. And, if these stocks drop, they should be sold. Just because some won't sell for fear of losing some investors doesn't mean these can't be sold.
They can be sold. He's saying they won't be sold.
HoustonAggie37713
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YouBet said:

Science Denier said:

HoustonAggie37713 said:

I work for a hedge fund and client face several fund managers who represent everyone from Unions to University endowments to wealthy individuals.

I have been asked by 3 different entities if our actively managed fund will be selling Twitter, Amazon, Facebook, Google, etc if they fall (and some already have) in markets this week.


If we sell, I've been told that membership in some of these groups will have to move money out of our fund.


So if you think this isn't effecting you, think again. This is potentially trillions of dollars of holdings that cannot be sold no matter what happens because liberals will take their money elsewhere. This follows similar tactics to not own weapons stocks, energy stocks, etc. The free market is not free any longer. Funds will have to hold 100% liberal backed stocks or lose their capital.


They can be sold. And, if these stocks drop, they should be sold. Just because some won't sell for fear of losing some investors doesn't mean these can't be sold.
They can be sold. He's saying they won't be sold.


Correct.
Cheetah01
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So now we have potentially lost our ability to respond: with our voices (cancel culture, social media "weekend Kristallnacht"), with our votes (voter fraud), or with our wallets (market manipulation).

Wow...scary times we live in.
HoustonAggie37713
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Cheetah01 said:

So now we have potentially lost our ability to respond: with our voices (cancel culture, social media "weekend Kristallnacht"), with our votes (voter fraud), or with our wallets (market manipulation).

Wow...scary times we live in.



It's actually much worse than that. Now we have one party control that will be choosing winners and losers explicitly and they own all the resources to control the message to get it done.
Ag CPA
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HoustonAggie37713 said:

Ag$08 said:

I think you guys are overestimating the number of people that care about politics over returns.


No I'm not. I'm having conversations with giant shareholders. This is real.
You are full of crap, this entire thread is fabricated.

*** You can make your point without insulting/attacking others -- Staff ***
TAMU1990
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HoustonAggie37713 said:

I work for a hedge fund and client face several fund managers who represent everyone from Unions to University endowments to wealthy individuals.

I have been asked by 3 different entities if our actively managed fund will be selling Twitter, Amazon, Facebook, Google, etc if they fall (and some already have) in markets this week.


If we sell, I've been told that membership in some of these groups will have to move money out of our fund.


So if you think this isn't effecting you, think again. This is potentially trillions of dollars of holdings that cannot be sold no matter what happens because liberals will take their money elsewhere. This follows similar tactics to not own weapons stocks, energy stocks, etc. The free market is not free any longer. Funds will have to hold 100% liberal backed stocks or lose their capital.
We all know that the really wealthy are democrats. Why is this a surprise?
Alta
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How have you lost your ability to vote with your wallet? Feel free to invest your money how you see fit. That's what these folks are doing. It's their money (or money they control) and they want it to stay invested in certain stocks. They are communicating to a money manager their preference on how their money is invested. That's exactly what others on this site have been preaching over the last 36 hours.
HumpitPuryear
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Profits trump just about anything though. Some funds may bend to political pressure but some won't. When the funds that are making decisions on fundamentals instead of political pressure start outperforming the "woke" funds they are going to attract even more capital. If I was OP I would start looking for financial companies that don't care about the woke quotient and try to get a job at one of them. You can't buck fundamentals forever.

Twitter does not have any special IP and they are pretty much a one-trick pony. It's pretty easy to copy. If other platforms erode their client base advertisers are going to take notice and react accordingly. And when the president of the USofA uses your platform, you let him use your platform. Pretty stupid marketing move to ban probably the worlds most recognizable personality from your platform when you know he's going to take his presence and following accounts to your competitor. Google, Apple, Microsoft, and Amazon have a more diversified business so they probably are not as vulnerable as Twitter.
MouthBQ98
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Ag$08 said:

I think you guys are overestimating the number of people that care about politics over returns.


The noisy activists are the ones getting the attention, not the idle buy and hold investors, who will be late to realize this internal conflict will harm everyone.
G. hirsutum Ag
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If it keeps making money why should I care so much? I really dislike what Nike has done recently but their stock has been killing it. Twitter stock has always been a day traders dream. It fluctuates 3-5% up and down every week. I pay someone to find ways to make me money. That is all I care about
Whoop Delecto
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lotsofhp
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Does money even matter in a socialist country?
Cassius
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G. hirsutum Ag said:

If it keeps making money why should I care so much? I really dislike what Nike has done recently but their stock has been killing it. Twitter stock has always been a day traders dream. It fluctuates 3-5% up and down every week. I pay someone to find ways to make me money. That is all I care about


At some point, some folks realize that there are more important things than money.
aggielostinETX
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Since my other post was deleted bc of who I quoted....
I am divesting Monday
“A republic, if you can keep it”

AggieKatie2 said:
ETX is honestly starting to scare me a bit as someone who may be trigger happy.
HoustonAggie37713
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TAMU1990 said:

HoustonAggie37713 said:

I work for a hedge fund and client face several fund managers who represent everyone from Unions to University endowments to wealthy individuals.

I have been asked by 3 different entities if our actively managed fund will be selling Twitter, Amazon, Facebook, Google, etc if they fall (and some already have) in markets this week.


If we sell, I've been told that membership in some of these groups will have to move money out of our fund.


So if you think this isn't effecting you, think again. This is potentially trillions of dollars of holdings that cannot be sold no matter what happens because liberals will take their money elsewhere. This follows similar tactics to not own weapons stocks, energy stocks, etc. The free market is not free any longer. Funds will have to hold 100% liberal backed stocks or lose their capital.
We all know that the really wealthy are democrats. Why is this a surprise?


This has nothing to do with who is wealthy. Conservatives who own some of these funds expect them to be managed properly. They can't be if they are being held hostage.
HoustonAggie37713
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G. hirsutum Ag said:

If it keeps making money why should I care so much? I really dislike what Nike has done recently but their stock has been killing it. Twitter stock has always been a day traders dream. It fluctuates 3-5% up and down every week. I pay someone to find ways to make me money. That is all I care about


You don't have to care. It's a semi-free country.
Pike Bishop
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Advice for your clients and anyone else with a 401k:

Just put your money in a very low cost broad market index fund (such as Vanguard S&P 500) and leave it there. Over the long haul active management is a bad bet, anyway.

If you want to support a particular cause, maybe a better strategy is to just donate your time and money directly in support of that cause.

I guess if you own enough shares to get a seat on the Board, then that's a different story.
I am the Reverend Pike Bishop of the Church of What's Happening Now and I approve this message.
HoustonAggie37713
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Pike Bishop said:

Advice for your clients and anyone else with a 401k:

Just put your money in a very low cost broad market index fund (such as Vanguard S&P 500) and leave it there. Over the long haul active management is a bad bet, anyway.




There are so many different financial considerations. This isn't one size fits all.
Artimus Gordon
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Do as they wish and let them ride the stock price into the ground, if necessary! Document what they told you to do!
HoustonAggie37713
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Artimus Gordon said:

Do as they wish and let them ride the stock price into the ground, if necessary! Document what they told you to do!


1. It's not my decision
2. We get paid fees based on the amount of capital we represent. If it leaves we get crushed.
03_Aggie
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Registered mutual funds do not operate the same way as hedge funds. They have registration statements spelling out the portions of their investment strategy that have a material impact on returns.

A large shareholder may have more leverage with a hedge fund manager as they can likely change their investment strategy at will. Any material change to a mutual fund investment strategy requires approval from the fund's board.

Regarding O&G investments, ESG is taking over and O&G companies do not get through ESG screens.
Cheetah01
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HoustonAggie37713 said:

Artimus Gordon said:

Do as they wish and let them ride the stock price into the ground, if necessary! Document what they told you to do!


1. It's not my decision
2. We get paid fees based on the amount of capital we represent. If it leaves we get crushed.


Who is the fiduciary in the fund? Whoever it is would be wide open to a lawsuit. You should make sure the union members are aware of this request so that they can file a lawsuit.
HoustonAggie37713
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Cheetah01 said:

HoustonAggie37713 said:

Artimus Gordon said:

Do as they wish and let them ride the stock price into the ground, if necessary! Document what they told you to do!


1. It's not my decision
2. We get paid fees based on the amount of capital we represent. If it leaves we get crushed.


Who is the fiduciary in the fund? Whoever it is would be wide open to a lawsuit. You should make sure the union members are aware of this request so that they can file a lawsuit.


I hope we do something. The legal ramifications are far reaching. Glad it's not my call. I have a small percentage of our partnership so I'm just watching it unfold.
03_Aggie
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What exactly are the legal ramifications?

What you've described so far seems to be nothing more than a threat of tit for tat.
rgag12
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I'm not buying it. Trillions of dollars aren't going to be moving out of big tech market cap. Institutional investors are huge libs, they've single-handily created a new metric that now all companies must account for in all their investor relations copy, social responsibility.

They aren't going to be moving money out of companies being seen as fighting the anti-PC republicans
TRADUCTOR
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Some guy sank a newsmaking poot load of cash into the market after President Trump was elected I wanna know where and if his money is being moved.
 
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