Many of the requests for changes to pies appear to imply a misunderstanding of how pies function. For example, some users appear not to understand that buying and selling directly from a pie is in direct conflict with the act of rebalancing the pie. What I am about to suggest addresses this problem and others, for example, where users just want a way of grouping investments in what I would call a folder.
I suggest that there should be two types of pie, the existing or regular pie with percentage split holdings as now and a ‘folder pie’ which has no percentages and none of the functions such as rebalancing and distribution of new investment or dividends across all holdings.
In folder pies, the implementation of facilities like buying and selling directly into/from the pie becomes rational.
I further suggest that switching between the two types of pie would be possible albeit with warnings about the dangers of so doing. In particular switching back to a regular pie from a folder pie would need either a warning about the dangers of subsequent rebalancing or an option to reallocate percentage holdings based on current valuations.
I foresee other minor downstream implications but nothing I believe that renders this arrangement unworkable.
