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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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
Made a few hundred bucks dip-buying and today selling TCAF and JQUA. Foolish in hindsight, and hardly worth it. Everything in 4.2% MM now except for modest positions in long-underwater BSV and CCOR.
krug on 'sudden stop' of foreign capital
https://paulkrugman.substack.com/p/stop-in-the-name-of-trump?img=https://substack-post-media.s3.amazonaws.com/public/images/116f69f1-d6cb-497a-94a6-08a22e02145f_2210x928.png&open=false
At David. I have lots of respect for Romick and I hold lots of Cash too. . I don’t need to pay 1% to hold my cash.
To repeat myself, either you trust a manager or you don’t trust a manager. Let him do his thing and leave him alone, or get out. W…
Romick is a smart manager but I find his fund too expensive for holding 26% cash.
Standing complaint for decades
Absolutely best to stay the hell away if you don’t trust the manager’s judgment
loose canons are everywhere these days
deluge of deliberate misinformation and stupidity, quite astounding, and consequential
https://open.substack.com/pub/paulkrugman/p/repost-the-fraudulence-of-waste-fraud?r=tcpky&utm_campaign=post&utm…
y’all need to keep up, watch Maddow, follow McMahon, jeez
// Yes, Education Secretary Linda McMahon said 'A1' in response about AI
The education secretary was answering a question about technology in schools.
this is smart, also blistering
elaborates on the NYT quote above
https://open.substack.com/pub/paulkrugman/p/will-careless-stupidity-kill-the?r=tcpky&utm_campaign=post&utm_medium=email
Hope this is accessible
https://substack.com/redirect/225b94ad-8f1c-421a-aab4-54dca4c09a57?j=eyJ1IjoidGNwa3kifQ.KBS0zuPUTKATtGWmThTTdfdmRWQ_eOWpD6buahk90Wg
“They say the thing that he did wrong was he was one of the first people that supported a gentleman named Donald Trump for president. He supported Trump. He liked Trump. I didn’t know him, but he liked him.”
I can’t help but ask, “what if?” What could trump/musk do if the government DID shutdown that they couldn’t while it’s open? Better or worse than what the CR has wrought?
Not for nothing, but maybe Schumer got it right in a no-win situation.
What…
I have a special place in my heart for PIMIX.
It was the first bond fund I owned and the longest from around 2010 to 01/2018 at 50+% for years.
It was the fund I used to change my stock/bond % until I retired
But since 01/2018, the magic has been go…
@Mona and @hank - Thank you. My ignorance of whiskey is enormous.
”My ignorance of whiskey is enormous” - While rye, bourbon and others are called “whiskey,” the spelling is different for Scotch. It goes by ”whisky”. The U.S. produced “single ma…
No doubt. There are plenty of people who have no moral issue with spending like drunken sailors and sending the bill to the grandkids.
Not how it works
At all
jesus —- send bill to grandkids? seriously? How would that go?
If you are so pro…
No doubt. There are plenty of people who have no moral issue with spending like drunken sailors and sending the bill to the grandkids.
Not how it works
At all
jesus —- send bill to grandkids? seriously? How would that go?
If you are so prof…
Evil stupid talks w stupid evil
/// BARTIROMO: Investors are on edge over the possibility of a recession after the Atlanta Fed predicted a 2.4% contraction this quarter
LUTNICK: What? Say that again? 2.4% contraction?! Right here right now -- tha…
listened in on a Fido presentation the other day
among other things:
https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/fidelity/election-party.pdf
