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.
I wonder about recency problems in such articles, how old Carlson is and what he himself has invested in or followed historically. Weitz had spectacular results in the later 1990s, I know firsthand, and made his name bigtime. So I was curious to see…
msf,
Would it had been able to continue. Some things are beyond the help of policy, or almost, so yay JJacobs for sure. I spent a weekend in Rochester last fall (went to the U of R) and it is still suffering for real. Others undoubtedly are worse.
>> stock-like returns with bond-like drawdown
except for those like GLRBX who are shallower as to drawdown. So do the Alpha James family get lotsa Ps from M*? Should they? Continuous tenure as opposed to VWINX. What do you think the M* People…
>> These folks seem to have the magic formula
As always, what do you mean by 'these folks'? The mandate for the fund? The Vanguard cachet? The secret handshake handed down? The Vanguard algorithms? What?
Mona, a good point, especially with different managers. But with the slightly deeper 08-09 dip followed by faster bounceback, probably attributable to megacap orientation (?)
I also wonder if Ted's listing would hold for the VWIAX Admiral shares, s…
A couple of posters have pinged me to add that they did not know of this fund and M* has not done deep reporting, so below are some news/interview items, two of them dated a bit, and I think the fees were reported too high.
http://online.barrons.co…
One of the wingnut themes recently widespread out of Baltimore and elsewhere is the supposed failure of the 50yo War on Poverty, along with something about Those People the Takers.
Actually, here are the CEA facts about its success:
https://www.w…
Well, since 1997, if you go by years per M*, each has outperformed the other exactly half the time (also GLRBX ytd if anyone cares about shorter-term). (True, I shoulda looked all the way back to 1991.) I also was weighting its superior dip performa…
>> not like we have a lot of really good choices
I certainly do not sense this forum has any leftward lean, or even that much of a quaint progressive lean, but regardless, there is waaaay to much false equivalence and automatic 'both are bad…
BW, wow, get a grip, or at least some facts. About anything having to do with the parties' influences, outcomes, consequences. Whether you hate Dems or not. Worst, lolz.
msf, could not believe you wrote this:
\\\ decline of many northeast and midw…
>> always seek out segments within the markets that appear to be undervalued,
Ah, so that's the secret. Thank goodness someone put it into words :) .
What DSENX tries to do with a system. Not to mention hundreds of other value funds (and man…
Man, this is amazing thread content.
>> In 2007 I developed a bad toothache and I went in. Guess what? I needed a crown. My procedure was painful. Haven't been back to a dentist since.
Try subbing in any combo of investment decisions and a…
Exactly like financial advice, dentistry ranges and varies, and if you have a dentist you trust and has judgment (prudent), take his or her advice. Agree about most other points. My sil Alice in San Clemente is v good and honest as the day is long, …
PK:
Greenspan's book is ... really terrible on multiple levels. No acceptance of responsibility for anything; he retails the same old Big Lie about how Fannie and Freddie somehow coerced Wall Street into making bad loans; etc., etc. But one point in…
@Vert:
The real world, of course, includes individuals and families harmed. Not saying you do not know this. Suggest you study this history:
http://www.nytimes.com/2009/09/06/magazine/06Economic-t.html
>> insight and the skill to simplify complex problems without losing the basic message.
Well, there are widespread other views of this guy, the one below by an economics historian who held senior policy roles in the Reagan and George H.W. Bus…
@Maurice
>> Thank you for your selective memories of Pres Reagan.
Mine? Whoa --- even more comical.
In this fight, as the phrase goes, you got the wrong other-side dog, or no dog.
I was pointing you only toward people who were actually t…
@Maurice:
>> Since Ronald Reagan left office, there is not one American president who I believe would oppose such a tax.
A comical view in fact:
http://www.npr.org/2011/02/04/133489113/Reagan-Legacy-Clouds-Tax-Record
http://newsjunkiepost.c…
For a very small fee of 0.1%, I would manage others' moneys by transitioning from AOA to AOR to AOM to AOK every 5-15 years or so. I wonder how that would compare.
Don't need to google, just based on family and friends around Boston and elsewhere across country, all of their paid advisers, franchise or indy, ensure no loads are paid on any mutual funds, including load funds. MS, ML, UBS, Commonwealth, private …
>> Let's ... avoid political discussions here.
Disagree. I learn all sorts of things. Usually through posted links, though sometimes argument. And others say the same to me from things I have posted. Thrice in the last two months, in fact.
>> The hands of Time were rewound for you--- you could have done it all over again
haha, would it were so with my body and mind and so much else.
Thanks. But I never look at or care about NAV.
Reinvested, 1985 - 2009 = eightfold increase.
H,lmgtfy:
http://visualeconomics.creditloan.com/how-countries-spend-their-money/
This is not quite 'where you tax dollar went', clearly, and some criteria for inclusion or breakout are different; note US mil fig here is just above 19%, not 27%. Al…
IBD tone and imagery alone are lolz, like something the Onion would run:
\\Fewer Patients Now Under Boot of Authoritarian Rules
... They too deserve to have the government's hands pried away from their necks.
\\ New 9/11 Vowed as Obama Yawns
\\ Is…
A sophisticated and informed discussion. Much thanks again to msf et alia. I was very surprised to read this Burns piece, as I usually find him, or at least think of him beforehand, as savvy and sensible and thoughtful. This was nuts.
