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birb_cromble  1d ago (text post)   456 thread views

Weekly Finance Thread

A weekly thread to discuss financial matters - from personal all the way up to global.

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Why would Trump be making 3,600 stock trades a quarter? I ask out of genuine curiosity as it's very high frequency indeed and doesn't match any model I have of how to invest outside of an algorithmic Jane St style approach.

(If this topic is considered too culture war related, though, please feel free to delete.)

I looked at my portfolio (or, rather, part of it for which I can quickly get the data) - which is managed by professionals with little input from me beyond "make my money make money" and since the start of the year, between rebalancing, tax loss harvesting and other routine portfolio management, it has ~300 trades since the beginning of the year. My portfolio is beyond minuscule compared to Trump's, so I can believe his needs much more of that. And of course, people managing his portfolio may be using it more creatively than "buy the market and sit on it".

What is meant by "Trump" though? If it his personal trading or the whole portfolio owned by him? If it's the latter, I don't think it's very high frequency. We're talking about billions, in who knows how many accounts.

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