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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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What top funds are buying now

Another short piece from IBD's quarterly mutual fund review addresses this question oddly. The story's lede: "The country's leading funds the past three months continued to add medical and transportation stocks to their portfolios as the stock market continued to defy the economy's wall of worry."

Oddly the story gives no hint of what qualifies as "a top fund" nor where they got the data, since portfolio disclosures tend to be dated.

David

Comments

  • David- If you are going to nitpick on unimportant trivia such as definitions or sources it's obvious that you fail to appreciate the great majority of financial "reporting" or commentary.

    OJ
  • Yeah, I know... I lost control yet again. I did flag my own post, though, as being unnecessarily uncivil.:-)
  • If you simply must have your daily dose of sloppy scholarship, then IBD should be your primary preferred pharmacy. They will never ever short your prescription.
  • heezsafe said:

    If you simply must have your daily dose of sloppy scholarship, then IBD should be your primary preferred pharmacy. They will never ever short your prescription.

    Now there's a hoot. And here's another one: a bunch of retired guys practically fight over the current issue of IBD at my local library.
  • Maybe due to its political leanings, rather than solid investing info?
  • WSJ makes no bones about being free-market capitalist. Which is to say, unregulated, screw the public capitalism. I read "The Economist," too. It's amusing to see the variant oddball British spelling for some words, every blue moon or so. In between the lines, it is pro-Market, rather than socialistic or anything of that ilk. The writing is of a better quality, too.
  • We've subscribed to both for many years. I find the WSJ reporting to be pretty straight, as opposed to their editorial pages, which indeed favor "unregulated, screw the public capitalism", to put it in the mildest of terms. There's times when it's obvious the editorial writer didn't bother reading the facts as reported on the front page of his own paper.

    The Economist, on the other hand, has an unfortunate tendency to editorialize pro-Market "between the lines", as you say, but on balance, is pretty decent. The other irritating thing about The Economist is that they never seem to find a war, military adventure or trouble spot that they don't volunteer the United States to take care of.

    As for reporting and analyzing, still two of the best out there.
  • (nods)

    Most of the reporting in the WSJ is solid and the reporters are willing to run contrary to the opinions of the ideologues who control the daily three page homage to Karl Rove. The news coverage in the paper, for example, doesn't try to gloss over the human role in global warming while the editorial pages are utterly shameless in publishing ... well, trash, on the subject. I probably spend more time reading the Journal than any other single source though in part that reflects my learning biases; I subscribe to the NY Times online but simply don't enjoy the experience of reading the electronic version of a newspaper.

    The Economist certainly endorses an activist American foreign policy. That also aligns with my biases except that the common combination of "ill-considered" and "activist" rarely works out.

    David
  • Yup. Agreeing.
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