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Is HAPY for the Happy Few?

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.

Comments

  • Those who bought this fund at inception are not very HAPY, being down 4.9% whereas SPY is down only 1.44% for the same time.
  • edited May 3
    BenWP said:

    A grand total of 3 shares traded today.

    How happy is the little Stone
    That rambles in the Road alone …”
    E.D.

    Yep. Own some like that. Usually not a good sign …

  • @hank- Thanks for the warning...
    :)
  • edited May 4
    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.
  • Better luck with Smile Happy, Kentucky Derby ?!
  • Is that a horse, @Derf?

    HAPY traded 3.1K shares today, having been roused by the big machers at MFO.
  • edited May 4
    @BenWP : Post #5, 20 to 1 Plus Happy Jack Post #2 , 30 to 1 If either come in you'll be HAPPY
  • BenWP said:

    Is that a horse, @Derf?

    HAPY traded 3.1K shares today, having been roused by the big machers at MFO.

    You mean we have the power to move markets? OMG!

  • I have a lot to learn, @Derf. The Sport of Kings is aptly named.
  • An 80-1 shot wins; is there any kind of a lesson to be learned?
  • @ BenWP : Had there not been a scratch, the horse that won , wouldn't have been on the track Sat..
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