tag:blogger.com,1999:blog-7294165939647321702.post7494146563843223914..comments2024-03-11T10:31:06.107-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: Timing Closed-End FundsSaj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7294165939647321702.post-63639010423813850922011-04-05T21:17:45.450-04:002011-04-05T21:17:45.450-04:00that makes, sense. thanks for the insight, as alwa...that makes, sense. thanks for the insight, as always! :)Paulnoreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-67601271232994305852011-04-05T20:24:21.404-04:002011-04-05T20:24:21.404-04:00Hi Paul,
Yes you could do that; you could also us...Hi Paul,<br /><br />Yes you could do that; you could also use your cost of capital. The point is that the fee is a real cost that you may wish to quantify.Saj Karsanhttps://www.blogger.com/profile/04493152766022812984noreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-209859380101207502011-04-05T09:22:29.983-04:002011-04-05T09:22:29.983-04:00Saj,
This may sound incredibly stupid, but when y...Saj,<br /><br />This may sound incredibly stupid, but when you said "the fee is annual, and therefore a better comparison of the fee to the discount involves calculating the fee's present value for a number of years out, and subtracting it from the fund's net asset value."<br /><br />how do you go about calculating that? Do you discount it by the risk free rate or what?Paulnoreply@blogger.com