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.
Bad call on that great block at the rim by the Samford player, which changed the last-minute situation entirely, but that's the way it goes. With the speed of the game, refs just can't get everything right.
The charge that the Mountain West conference got shafted in seeding (a talking head talking point Sunday) picked up a vote in the First Four 10-seed matchup last night, with Colorado State's drubbing of Virginia. Too bad Virginia's spot couldn't hav…
Okay, right, and two of those times were in the tournament, both in the Sweet Sixteen: 75-74 in 1998 and 98-92 in OT in 2006.
https://en.wikipedia.org/wiki/Washington_Huskies_men's_basketball
I missed WI-Purdue, dang it. But I did see Houston get run out of the gym by Iowa State and NC State whack the Tarheels. With Tennessee going down and the Ducks whipping Arizona, it hasn't been a great few days for the top-ranked teams ... except UC…
@Crash, basically those are just stats that account for things like strength of schedule and road-home-neutral site wins and losses, that go beyond the bare win-loss record.
I've been wowed by the U. of Houston team - first year in the Big 12, won the regular season title. I don't think I've ever seen a better half from any team at any level than their first half against Baylor a couple of weeks ago, at Baylor. But UH c…
That's great; practical, sustainable solutions for local people and climate. The style of practical design reminds me of CATIE (kah-tee-aay), a tropical research & education center for Latin America and the Caribbean that's been around for fifty…
They sure looked good against Kentucky a couple of weeks ago, the only time I've seen them play this year. Maybe they'll get in as a 12 seed (53 upsets in tourney history by 12 over 5).
Really good column from David French. Like it that he noted what the court did was "invert" the role of Congress in 14A - i.e., flipped the whole thing upside down.
Unfortunately, the not-so supremes could make the question they set out to decide what constitutes constitutional actions in office, rather than simply rejecting the absolute immunity claim Dump is making, which the circuit court shot down. Going th…
The questioning (whenever the pro-Trump court of political hacks gets around to it) needs to reexamine the one a circuit court judge asked in the previous round: if Trump has immunity from the crimes he committed, what's to stop a prez from ordering…
If the US$ were ever to turn convincingly south again like it did in the oughts, that would be the only situation where I'd consider pure EMs again - equity or bond.
Georgia is potentially a big problem. It's the only criminal case (so far, at least) that isn't federal. If it's dropped (as opposed to being delayed, which seems now to be a fairly good bet), every other case has a potential Prez pardon hanging ove…
Looks like the game will be played in the brief interlude between storms; there's another winter storm watch posted for the Buffalo area for Tuesday-Thursday.
Go Bills! I want to see the latest iteration of KC-Buffalo next week, in Buffalo!
Meanw…
Sorry to hear this; the wheels are really coming off. I've kept MSMLX on watch since I last owned it pre-pandemic -- the only Matthews fund I would have still considered before these latest breakdowns. It's remained a great fund in its category and …
Happy solstice, merry Christmas, and like Jose F. says in the song, a prosperous and happy year coming up. The first real snowstorm of the season arrived just in time, finally enough to make Bing Crosby happy. Looks like that front may be heading to…
Yep. DC appellate court will laugh total immunity out of the courtroom, the trial prep will continue toward the March date, and next term the SC will have its say ... or will decline to take the case. Not doing anything now may be a sign that the la…
I’m giving some thought to going a little shorter or more conservative in the fixed income / bond sleeves. Just a thought. Maybe lock in some of the recent gains?
I'm with you on that, @Hank. Moved some intermediate duration to limited duration th…
YBB: Well, it is NOT uncommon for nonprofit entities to have for-profit units.
Of course it's not. I didn't say it's uncommon or illegal as such.
YBB: Law/IRS only requires budgetary/financial separation and tax payments on the for-profit activit…
The nonprofit arm could have a hard time with the IRS if the profit side controls it, say for example with a majority of the board from the profit side. If you've looked at a 990 IRS info return form lately, there are a LOT of questions about the ex…
Pro Publica is a gem of an organization. I see they've spruced up their website lately. They have a Nonprofit Explorer database with financial info from essentially every nonprofit that's filed an IRS info return (a 990, not the "postcard" return fo…
I like PDO a lot, and will own it again sometime. I'd keep an eye on z-stat (P/D relative to history) in addition to absolute P/D for good buying opportunities. It's B-rated with massive leverage; best buying opps may be a ways off.
Japan equity has been crushing it this year, especially currency hedged, up nearly 40% (DXJ). Question is more what happens now, after such a good run. There's been a small-ish selloff lately, and IMHO, it's not a buy-the-dip time, at least not yet.…
On the other hand, buying a 20-year Treasury would probably yield comparable to an annuity, and it would still be worth something when I die!
Well yeah, and the original investment would still be there to fall back on in case of running out of $ ver…