http://www.tomspot.com/protension/2009/05/05/investing-is-really-accounting The online journal of Tom Elgin Mon, 07 Sep 2009 04:07:16 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.tomspot.com/protension/2009/05/05/investing-is-really-accounting/comment-page-1#comment-22845 Tom Fri, 08 May 2009 03:19:21 +0000 http://www.tomspot.com/protension/?p=286#comment-22845 <p>Good question. That's what separates us from the sophisticated investors :) I have no idea, but two thoughts: The quarterly prospectus lists the fund's underlying assets in detail, so if you can find out whether/how they've traded since then within some range, you could theoretically calculate the NAV or close to it. Also, NAV should be at its lowest right after a dividend is paid. Don't quote me on that.</p> Good question. That’s what separates us from the sophisticated investors :) I have no idea, but two thoughts: The quarterly prospectus lists the fund’s underlying assets in detail, so if you can find out whether/how they’ve traded since then within some range, you could theoretically calculate the NAV or close to it. Also, NAV should be at its lowest right after a dividend is paid. Don’t quote me on that.

]]> http://www.tomspot.com/protension/2009/05/05/investing-is-really-accounting/comment-page-1#comment-22844 Tyler King Thu, 07 May 2009 05:58:27 +0000 http://www.tomspot.com/protension/?p=286#comment-22844 <p>Maybe this is a dumb question, but how would the "sophisticated investors" know that the value of the fund declined in the first place if the numbers haven't been reported yet? Do they just base it off the overall market?</p> Maybe this is a dumb question, but how would the “sophisticated investors” know that the value of the fund declined in the first place if the numbers haven’t been reported yet? Do they just base it off the overall market?

]]>