RE:RE:RE:RE:RE:RE:RE:RE:BafflingOnce again you are cherry picking time frames . I'm talking long term . You are also not taking his fees into account . if you think an active trader can consistently beat the index , well you are incorrect. The truth hurts these active traders. They dont want you to know their entire industry is a farce . If you fall for their claim you are beng fooled. Do you like being fooled ? Nobody does. Now if you have no clue , go ahead and hire someone to manage your finances . Most of us here have a clue.
pierrelebel wrote:
Citizen13 wrote: "... Put his (Eric Nuttall) energy fund up against the TSX energy index . Take his fees off his performance and it's an abject failure ."
That is incorrect.
In the last twelve month, the TSX Energy index is up from 166 to 271 for a net gain of 63%
In the same 12 months Ninepoint Energy Fund is up 77% (net of fees)
To call that a "failure" is unfair. You may not like the guy but.... let's be fair.