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BobC, thanks again for your input.
Ivy Asset is on the table. Its a fund I've looked at for some time, in fact, lbeit in different roles for my own portfolios.
I'm thinking my wife's portfolio (which consists mostly of "mad money" -- in spite of …
BobC -- my wife is very risk adverse; she doesn't care if she hits a homerun with this investment (and does not want to take on the risk that might be associated with putting that kind of numbers on the board); she just wants to make a decent return…
Actually, nothing. Just want to make sure I cover all my bases.
Will probably end up going with MCLOX.
The reason for going with an all-in-one product is that: (a) it'll be easier to DCA into the portfolio; (b) ostensibly there is a professional …
Thanks.
No, was not aware of the 3rd Ave situation.
Yes, was aware of Lowenstein's comments (the general tenor of his comments); but I think TROW does pretty well all in all. So does Oakmark.
My ideal fund company is described above.
If we see a…
IMHO, Royce is the poster child for the downside of a shop being snapped up by a publically traded firm.
On the flip side, note that AMG has sizeable owndership of Tweedy Browne and Third Avenue, and both of those shops don't appear to have been co…
I've wondered the exact same thing. I note the hedging issue, above. I also wonder if its a result of their "deep dive" research process (but, TB also admits to using outside research on occasion). Their funds (except for TBHDX) are genuinely all…
I don't know that OAKIX isn't hedged -- they just selectively hedge. The older Tweedy Browne is entirely hedged. (Don't ask me why the hedged and unhedged versions have the same E/R's, however).
Just bought small portion 20 minutes ago. Its more speculative than what I thought, so I'll re-think my risk tolerance and maybe balance it with PIMCO or something else.
Scott, BobC, others:
Just had a chat with JPMorgan funds today re: this product. JPM describes it as a "trading strategy" fund, not an index-linked product. It has the latitude to adjust the portfolio daily, weekly, monthly, as necessary. It is …
So Scott, if you don't mind my asking, how exactly is your retirement portfolio structured. Are you more than 10% invested in alternatives, and how did you decide on that particular allocation.
BobC -- thanks for the comments. I'd consider ETFs by the size of my portfolio makes them less than ideal due to the transaction costs. With a mutual fund its very easy to dollar cost average in (and out). The extra expenses I'd pay going with, s…
Oh, I'm not looking at a commodities position as a cure to all ills. I only want something as a hedge, and as a bit of a speculative play. In taxable I'm holding FESGX (First Eagle Global), IVWCX (IVA Worldwide), and a bunch of large-cap dividend …
I know Dodge and Cox hasn't always gotten the most love over on FundAlarm, but I was actually looking at some numbers over the weekend, and Dodge & Cox Income (DODIX) actually does pretty well from an upside/downside capture perspective, using M…
Hey, Scott thanks.
I guess what I should have asked (and am looking for in part), is what is the difference between going a derivatives route vs. a managed futures route (aren't futures also derivative contracts)?
Cheers -- and thanks again.
Thanks, Bob.
How would a managed futures approach differ from the derivatives approach PIMCO and HDCCX use?
You note that HDCCX also has the ability to short and in the HDCCX case, it can do so quite substantially (and uses this tool quite frequ…
I like D&C, and I use DODFX, DODIX. But my issue with D&C is that for a "value investor" they don't really have a cash-based risk management strategy. That, and the fact that they're huge (which is why their fees are low).
Berkowitz used to pride himself on keeping a low profile (used to turn down interviews). Not so any more. Seems he's in a newspaper or magazine about 1x a month. Suppose it could be because he has had two new product launches.
I'm cooling on t…
