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.
Support MFO
Donate through PayPal
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.
>> Making statements ex cathedra, again, David. Pompous asshole.
Huh? This is you namecalling me ? I forget whether the moderators have rules about this sort of thing. Stay classy.
>> The problem, to me, with BOTH sides is the unwillingness to bend from some absolutist stance.
This untrue belief is so handy that it has become among the very most pernicious around these days. But that is a different subject, and I would …
For some reason I cannot find the other recent thread about alltime-high investing (think it was not this one), and also hope that this is not duplicative of that:
https://www.jpmorgan.com/content/dam/jpm/securities/documents/cwm-documents/Is-it-wo…
Crash asserted nonsense and I called him on it with substantiation. Then he started handwaving about a just society but calling for more flunking of kids.
Whatever.
Racqueteer, this may not be the best month to trot out the tired bootstraps argu…
>> Parents must do their job, too. ... A reorientation toward a just society is needed. Universal health care.
Ah. Got it. Okay then.
And flunking kids. Great idea.
And thinking of them as snowflakes. I trust you are not subbing anymore.
+1 and ty
For the last year it seems about the same as (a hair worse than) 60-40 VONE-BIV, and a hair better than AOR. Including downside, on first glance.
May look at other and longer periods to see the value Giroux adds.
>> David's info would classify this as a market neutral fund which it certainly isn't.
Huh?
people, at the link I posted it is number of positions, not dollars, 42L to 39S.
@Crash, go look for Stock Holdings (Long) and the same (Short)
…
>> You can't solve real, significant problems--- not at the root--- by throwing money at those problems.
Oh, come on! This is simply not true. Why do you assert bunk like that? There are lots of data and hard outcome studies, from Head Start …
dummies' version, sort of
https://scontent-bos3-1.xx.fbcdn.net/v/t1.0-9/140615321_10159082209972790_8672449891716880736_n.jpg?_nc_cat=108&ccb=2&_nc_sid=730e14&_nc_ohc=p9XADj1f6-gAX9SLXnP&_nc_ht=scontent-bos3-1.xx&oh=cde4faab967…
Search inflation here, which entails a lot of (fast) reading, or NAIRU and just go for the next several paragraphs
https://www.nytimes.com/2021/01/29/opinion/ezra-klein-podcast-paul-krugman.html?showTranscript=1
yeah, investing via debt in things that sorely need to be invested in is always wise, always has been
disaster relief --- stimulus is so misleading --- in a disaster is one such
gosh, maybe this is wrong too!
https://www.nytimes.com/2020/12/03/opinion/biden-republicans-debt.html
https://www.nytimes.com/2021/01/14/opinion/biden-economy.html
maybe we should not spend and should cut services instead, seriously so
why does…
Studzinski in this month's commentary sounds unusually out of touch about these matters, imo
He does not read Krugman and all his economic peers about an economy simply growing out of its gov debt, without need ever to 'pay it back'.
And the cap…
@msf
>> A stock that is shorted more than 100% (by one investor borrowing the stock to short, then another investor borrowing the same stock to short again)
? Is this different from naked shorting?
And if not, does naked shorting happen no…
Stocks that are heavily shorted are most susceptible to Robinhood trading. ... SEC is looking into this matter since it appears to be manipulating the market.
What does this mean, how would it work?
And how is RH trading different from free fa…
@davidmoran @stillers - Your criticism is also less than actionable and lowers rather elevates. Shut up and Move on.
Har. Touchy and proprietary, are we?
So ... can you do an executive summary of this silly thing? What are its takeaways, since yo…
Just that 'overcome by the vaccine' is probably not the way to look at it ahead, and will prove not to have been the right characterization of any inflection point.
So perhaps different wording.
Viruses get dealt with in any number of ways, combo…
>> ... when this pandemic is overcome by the vaccine.
I do not think that is how this is going to proceed.
>. The sooner this pandemic is brought under control the quicker we all will return to our normal lives.
man, I sure want to smo…
somewhat OT, and you have get past the wack lede, but an interesting thing to know maybe for investing outside the US
https://humbledollar.com/2021/01/lost-abroad/
What would be the purpose ultimately? You would bail or add depending on something you saw? Really?
And you probably would do that anyway depending on performance over timespan (which for many investors has gotten shorter and shorter over the years…
yeah, just click okay --- standard UI behavior for some mindsets ...
We got our $1200 paper checks in the mail yesterday. Going to think about which worthy orgs to pass some of this along to, as well as setaside for granddaughter tk, hopefully in 6…
Yes.
For the recent short term, in order to see who crashed most / least, who recovered and how quickly + much, and who compares with (and how, and who adds value over) AOR and AOM, go to
http://quotes.morningstar.com/chart/fund/chart.action?t=ja…
>> retirees have too much time to worry and they make mistakes.
I make innumerable mistakes but am myself way too jammed w things to do to worry --- only the mistakes part :)
... can understand where you are coming from. If I panicked in March 2020, I would have missed out on a huge finish to 2020. I know we can't time the market ...
I did not panic, I trust, and was not trying to time, in the usual sense. By May 11 a…
