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Any thoughts on Altaba (Yahoo) selling off a huge chunk of Alibaba? I think they're selling 25% of Alibaba's total shares. They're going to sell off 100 million alibaba shares and buyback 195 million of their own to decrease the gap between values. Seems like it could hurt BABA stock for a bit, dunno. Not sure I'll do anything for now.
I sold off my MTUM shares the other day and I've been thinking about grabbing the new Vanguard quant momentum fund that covers from small to large caps. I've been watching their multifactor strategic beta quant modeled funds since the launch. It seems really interesting. Most modern financial studies show that strategic beta beats the market but the issue has been at what cost. VFMF is their multifactor ETF inclusive of liquidity screen w/ Quality, value, and momentum weightings. .18% but it seems like it could easily be worth it
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