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.
in the usa, at least in some states, would a vote so close automatically trigger a recount? 1% limit? But this is more, though still very thin. Lula wins, and that's a relief.
It would take a while to suss out what the laws in say the majority of t…
Month over month is what tells us the current inflation rate. Year over year tells us a lot about past inflation, not that much about current.
M-o-M for July was 0.0, August 0.1, and Sept. 0.4. Annualize those, and you get what the recent to curre…
OT: See in the NPR article, talk about a guy born to his profession: "Paul Schwinghammer, a home builder and president of the Indiana Builders Association."
Yogi: "For 2 yrs, we have been basically homebound, avoiding routine social gatherings. We have attended only a handful of very special events. Our friends complain and some have stopped inviting us. Most recent special event was a funeral of a good…
Wishing YBB and everyone else who gets it a complete recovery. It's a good time to consider playing it safe; apparently BQ1.1 is no joke, and long-haul covid is a very real risk.
One epidemiologist I read (via email subscription) says the W.H.O. i…
I'll never forget Nygren buying WaMu hand over fist at the outset of the GFC while people I knew in Seattle said it was the butt of all jokes at the time. (Of course the jokesters were right, Nygren was wrong.)
It's a huge, expensive mess. My state's crappy asset creation for what's left of a massive coal generating campus (down to two operating units from four, still one of the dirtiest operations in the nation), which is also the plant operator, has file…
Ominous other years in the quadrant in that chart where we are now; the other two began long downturns. 1931 we all pretty much know about; 1969 was the first down year ushering in a decline that didn't break until 1982.
@Mona, for me, I'm not familiar with ARTKX's more recent iteration; my experience was pretty far back. I liked then how it was positioned, with some U.S., quite a bit of UK and Europe, and odds and ends of riskier fare, using a more relative value a…
"Not sure what the full thinking is on the subpoena"
Yes, interesting. Maybe just a shot across the bow to Show Up or Shut Up. Either way, not good for the sTrumpet.
I didn't realize until they referred to it today that the cmte has had 30 Trump in…
They laid out a good case for a seditious conspiracy charge for DOJ to essentially copy. Not sure what the full thinking is on the subpoena for TFG. It would be kinda fun, though, to see him take the Fifth a hundred or more times on national TV, but…
@AndyJ, I believe that ARTKX closed to new Investors some months back.
Good catch, @Mona. I was going by M*, which shows it open, but the Artisan site says closed. Oh well.
I owned some ARTGX for a while too, but back then (must have been late Bush…
ARTKX is run by former Oakmark alums and seems to have beaten OAKIX at its own game.
Glad you brought up ARTKX, LB. Haven't thought about it in years; it was once a kingpin in the portfolio. Samra is still there after 20 years, it's open after being…
Those RY guests weren't too positive on corporate junk, more positive though on IG corporates.
I did find it interesting that Kathy Jones, who I usually think is quite good on this stuff, said in the rapid-fire round that given J. Ferro's question …
I like the term the Blackrock lady referred to, for the level of yield that'll attract a critical mass of investors to (IG) bonds: the Yield of Dreams.
"Expanding the court looks like the only way, filling the new seats with sane jurists"
Yes, but that would require a Democratic president and a pretty strong Democratic majority in the House and Senate. If the Republicans are successful in their cu…
"They wouldn't be taking that state legislature case if they weren't going to take a wrecking ball to the overall electoral system"
That's what I'm afraid of also. If they do, how will we ever unwind this sabotage?
Expanding the court looks like th…
They wouldn't be taking that state legislature case if they weren't going to take a wrecking ball to the overall electoral system we've had since 1887 (passage of the 17th Amendment). Anyone else notice they don't recognize amendments beyond the Bil…
It’s difficult to decide which of the two assertions made by the CCIA – that strict liability is “ill suited” to software or that “innovation” is the defining characteristic of the industry – is the more preposterous.
Good piece, @Old_Joe.They've g…
TBO scam victims: please see the link @Old_Joe provided below (look for the bright red characters!) to request access to the private group that's been set up for folks in your situation.
Coming this late in the year it's not much benefit to those who receive RMD-s monthly.
I think that's what the "eligible for rollover" provision fixes. Anybody who took RMDs out before the bill passed can redeposit the amount they took out without p…
M* classifies HSGFX as long-short equity, which from the portfolio, it is. He's basically short the broad market and long his specific picks. If his picks do better than the indices, like this year, it works: up ~ 15% ytd. HSAFX is for sure less vol…
