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I enjoyed Professor Snowball’s article on the new Harbor ETF, trading symbol HAPY. While I like rarefied company in the abstract, it appears that no one, or no traders at least, is showing the fund any respect. A grand total of 3 shares traded today. Professor Airley puts forth a sound investment thesis. I hope others recover from their depression and buy some HAPY.
GLDB trades little and at $4 Ml AUM I don’t know how they keep it open. My tracker this morning is showing it down 100% for the day. Not sure what to make of that …
ISTM that if Airley’s hedge fund performance, including top holdings over a decent period of time, could provide a rationale for buying into the new strategy. I don’t pay any attention to hedge funds, so I have no idea what level of disclosure they provide.
Comments
That rambles in the Road alone …” E.D.
Yep. Own some like that. Usually not a good sign …
HAPY traded 3.1K shares today, having been roused by the big machers at MFO.