Q: Hi Peter
Just read your blog on etf's. Tried to "post a comment" to the article but the site wouldn't let me, so, sorry, thought I would post my comment here. While I agree with much of what you say, I was a bit suprised by your negative inclusion of HAC as being an example of etfs having gone too far. This is an etf which has consistently beat the tsx over its three year history (it is up 20-25% over that time). Though not being one, I was also somewhat taken aback by your apparent slur on farmers. While it may be that the theory of seasonal investing is not in keeping with your beliefs, I would respectfully suggest that you consider the returns of the etf, the reputation of technical analysts such as Don Vialoux and Brooke Thackery and the distasteful suggestion that only a "farmer" would invest in such a fund.
I'm very sorry Peter to be posting such a negative comment, I have enjoyed your analysis and commentary for years and I continue to do so.
Just read your blog on etf's. Tried to "post a comment" to the article but the site wouldn't let me, so, sorry, thought I would post my comment here. While I agree with much of what you say, I was a bit suprised by your negative inclusion of HAC as being an example of etfs having gone too far. This is an etf which has consistently beat the tsx over its three year history (it is up 20-25% over that time). Though not being one, I was also somewhat taken aback by your apparent slur on farmers. While it may be that the theory of seasonal investing is not in keeping with your beliefs, I would respectfully suggest that you consider the returns of the etf, the reputation of technical analysts such as Don Vialoux and Brooke Thackery and the distasteful suggestion that only a "farmer" would invest in such a fund.
I'm very sorry Peter to be posting such a negative comment, I have enjoyed your analysis and commentary for years and I continue to do so.