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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.
Merriman is adamant about not thinking of SS this way --- see http://paulmerriman.com/social-security-asset/ --- but he then points that SS can and should affect how you think of the rest of your portfolio, how it should therefore be allocated/balan…
Okay, it was the bottom of this, and from December, not only a few months ago; apologies for chron error:
http://www.mutualfundobserver.com/discuss/discussion/comment/33099/#Comment_33099
You concluded by wondering if my query was not like that of…
You know, huffiness, smily or no, need not always be part of your cold-logic / contrary persona. Discourtesy indeed, to someone who simply has a memory for your interesting work. Sure, I will see if I can find the exact exchange and quote. I assumed…
>> [cman] Just a simple diversified allocation into both bond and equity asset classes rather than try to guess or predict macro economic conditions or some other indicators. Don't need anything fancy.
A month or three ago I believe I propos…
Thanks. It does track FLPSX closely too.
>> The downside protection is evident but nothing to get excited about.
ytd (Feb dip comparisons) shows what appears to be nontrivially superior performance, not that anyone should decisively go wit…
Rjb, you really might want to look into Soviero's work, since you know what you are doing, or think you do :). Quite a ride but not quite as lumpy as these two guys.
An investment friend of mine in Boston who would know (quite a mucka, with a big f…
Anyone who likes this kind of strongly opinionated and focused play should, I'd suggest, take a position in CGMFX, and FLVCX too, though Soviero does diversify significantly compared with Berk and Heebner.
Wild. The only such article in history to indicate preference for Heebner over the Parnassus guys. I like both, but this must've been number-crunched and written by Heebner's nephew or something. And the omission of FLVCX sure is odd given what all …
You could always include your questions with your answers to their questions for a prospective adviser relationship manager :) :
http://www.hussmanfunds.com/pdf/HSA_AdvRelMgrPreInt.pdf
E.g.,
1) Why does each of the Hussman Funds have the word "St…
If you are in FPACX (could not tell if FPA was an abbrev, the way this site mishandles, rightly, abbreviations), then go all in and leave it alone. You are obsessing. Romick is good. Others are good too, and I neglected OAKBX. But I left it, my own …
I have always stuck with Gabelli, for decades, when he has been hammered for exactly the same reasons, and regularly pissed on by M*; but this sure does seem excessive. All the good ones 'do the work'. So he is saying his work is superior to others.…
GLRBX, FPACX, MAPOX, JABAX, ICMBX. Then PRWCX. Some like BUFBX, others DODBX. I prefer the first five above all and have for many years.
Note thatif you own too many, though, you might as well go with AOR, or AOM, or 50-50 AOA and AOK and rebalanc…
I try to mooch all of these free or at least amap, and run enough incog browsers to make it work a little bit; also, being forcibly retired, I have more time now to read (also am a working editor) than I used to. Yeah, IBD is what it is, but some sm…
I imagine I know nothing you don't in this area. I read additionally online WSJ despite its tilt, Marketwatch, NY mag, Salon, Slate, Atlantic, RollingStone, New Republic, WashPost, FinancialTimes, NYTimes, LATimes, many others.... New Yorker in prin…
>> not getting enough of this
Agree completely. Was not much thinking of TV; sorry. I will seek out Hunt, thanks. I don't dismiss conservative views automatically; am always looking for smart and evidence-based arguments. I find Rose often a…
Most of your points are so, but wrt your third, you should know that all that matters is debt as a percentage of GDP. It's not like a household; we owe the money chiefly to ourselves, and will run out of it when the NFL runs out of points. As for yo…
Ferguson is not at all to be trusted when advancing his various negative/rightwing agendas, extremely odd for so notionally distinguished an intellectual. Just one example; there are many others (involving Krugman, e.g.):
http://www.theatlantic.com…
>> risk attributable to a firm's overall view of the market, or use of a common core research / analytic staff.
Got it.
With the big outfits this is not a problem, because the managers are large in number and/or farmed out so actively com…
Costco med and alcohol sales are governed by law, yes --- no 'private' clubs for those.
>> Our news media cannot crunch the [ACA] numbers nor can they understand it so it doesn't get much reporting.
Nonsense, and your observations are off,…
Yeah, I bought some in the early '80s because it seemed like such a solid outfit, and at one point later foolishly sold it. Per M*, if I'm reading it right, from '82 10k in COST has grown to over a mil now, whereas FCNTX reaches >~650k and SPX so…
JC, there is puhlenty of room for conflicting views and policy argument, and you certainly don't know how left I am or not. Krauth is not in my experience someone who has much to offer, and certainly not here. I find that common in the conservative-…
oh, no, Krauthammer is dim and ignorant, to be sure, but unlike Coulter he is not always and chronically stupid, and more important is not evil-wishing and blackhearted.
Darcey, apologies; perhaps you overstated it with
>> small group of un…
Nah, a foolish and readily debunked piece, like so much of Krauthammer. And of course like so many conservatives he offers no solutions, just whining. Mendacity indeed.
>> If I give another party money and they give that money to a third party,
When you buy a car that money goes to all sorts of people via the dealer, and I bet you do not think of that as redistributive. Perhaps you can think of insurance p…
>> there is an argument that if you don't want insurance its hard to say the ACA makes your life better.
Oh, sure, that one. Like the homeowner in front of his burning house waving off the arriving firefighters, No, thanks, I'm a libertarian.…
Wow, this is a rather more thoughtful discussion that most such online concerning ACA; perhaps cman's presence and stimulus accounts for that, but everyone seems to be being intelligent.
Anyone who doesn't think ACA makes a hugely beneficial diffe…
Right, and FLPSX at 3y too, very slight superiority, depending on which midcap ETF you look at. My point was only that he finds ways to add (perhaps decreasingly; would probably not call it 'sharply') value with a huge $48b fund, 85% the size of DOD…
