Really Good Investing
*A subsidiary of PEN 15 International
Embedded Files
Invest with Really Good Investing™ (RGI) to make more money than other people. The strategy is based on volatility, as well as option related vega, gamma, and theta. The strategy is directionally agnostic.
Why invest with Really Good Investing?
See performance below:
(Click graph to open google sheets on mobile for a better view)
The graph is not updated in real time because then the data has to be linked to that spreadsheet and I don't want to do that. If you see it is outdated and want an updated graph please ask me and I will probably update it.
There are many other performance metrics and analysis done on the extensive data kept. This graph is created by exporting IBKR data, cleaning it a bit to get it into readable format for calculating returns, and then comparing it to SPX.
The Sharpe ratio as of the end of August 2024 is 2.57.
Who are we?
Just me, one person. Also "who are we?" vs. "who we are?" is a contentious grammatical question.
Why nothing before June 2023?
A different strategy was used which was much more profitable. It stopped being viable early 2023 but the USA banking crisis extended it's usage for a few more months.
See the second graph on the performance tab if you want to see what the collective return is.
Before June 2023 was other strategies.
How much does it cost?
Charging a fixed fee per month is for people that don't believe in their strategy. Hedge funds and asset managers charge a percentage of the gains made. That is what you will pay too. It is a step-rate where if the overall strategy returns go above certain thresholds then the amount you pay will also go up.
I am not sure how to do this type of fee assessment if I'm not managing your money. It would be like saying "hey so you copied my trades and made $80,000, can I have half please?"
Timing is also pretty important so unless you're available all day market hours every day, you probably should not try to replicate the strategy on your own, nor do I want to really do any sort of regular or automatic trading communication, or share exactly what I am doing in real time.
A second type of fee called an assets under management (AUM) fee is also charged to cover basic operating costs like this free website.
How do I sign up?
First you need to be an accredited investor which means you have annual income of >$200,000 or net assets of >$1,000,000. This is because of rules.
Next, contact me and after I make sure you're okay losing money but with the potential of also making a lot of money then sure, you can sign up, but even then I probably won't do anything until I check that you're okay with everything multiple times over multiple instances.
Is it risky?
It is primarily option based so it is more risky than only holding shares but you can see the performance graph so I wouldn't say that it is overly risky.
I can share specific win/loss rates and instances with you if you're interested. Any time I have been wrong and lost money it is primarily a matter of enacting early risk management to reduce potential losses. In the uncommon instances this occurs the trade ultimately ended up winning but better safe than sorry.
Overall the strategy is rewarded given the risk and volatility taken on. That is what the Sharpe ratio tries to tell you.
"Anyone can make money in a bull market though"
You would be surprised. But yes, it is easier because you just have to buy and hold. However, I made more money than doing that except if you bought 100% of portfolio in Nvidia.
This strategy makes money if markets go down too. Whether the market goes up or down is irrelevant to this strategy.
For example: As of August 2024, 36% of trades were bearish (stock go down) and that made up 41% of profits. However even saying that trades were bearish isn't entirely accurate since the strategy really isn't about betting that a stock will go up or down. Some of that total does include shorting shares though.
Page updated
Google Sites
Report abuse