Investing and markets: what operators said this week

“You can limit how much of your returns you lose at taxes through the art of what's called asset location, which is deciding which investments should go in which types of accounts.”

“Momentum in your fund is the momentum in the stock times the weight in the fund”

“Now imagine that this fund tracks something like an index. So something that has about 1% daily volatility. Now in this case, the break even return, the underlying stock is to be up, I think about 8.4% for the levered ETF and the underlier to have the same.”

“…on a monthly basis together, they might go through their spending or their investment accounts…two people…looking at the credit card statement…bank statement…investment accounts…”

“We'll own 30 to 40 stocks in both portfolios today because we think being concentrated is important.”

“We haven't done it once... companies have been under-invested in... they need cash for systems and people to double and triple the size.”

“As of Jan 1 I came off the Management Committee, I'm still on the Investment Committee, and I won't take new board seats as we sell companies.”

“We partnered with a specialist in the space and we interviewed thousands of Australians, both prospective investors and existing investors.”

“We did some modelling for clients recently who were pursuing a financial independence goal. We found that if they wanted to achieve their goal without needing to sell down any investments, they could both cease work at age 55.”

“But from my investment strategy, I have a property manager. So majority of the things that I do are through property management because I work a full time at the time I was also going to school full time”

“I just got an unconditional approval for a loan and signed loan docs on Saturday. It's a $6.5 million loan and it was split into two portions, one at 6.14% interest only investment and one at 6.34%. So we guarantee our rates at 6.1%.”

“There was already a WhatsApp group chat of investors that had like 40 investors at the time. They were sharing tips about like realtors, property managers, contractors, and stuff like that.”