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PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
No mention of Fannie and Freddie in that write up....I think that could be the straw that stirs the drink in FAIRX. I wrote my Senator in regards to that illicit confiscation of shareholder profit.
I think the genie is out of the bottle on this. Perhaps a gross simplification, but we used to manufacture things here because nobody else could. Well, the world has caught up in terms of this ability, and they do it much cheaper than we can. I've h…
Moved a bit into the EM space, adding to an existing SFGIX position specifically. Will do this on a monthly basis with income generated in the IRA account. Everyone seems to hate EM, so that sounds like a decent plan. Foster trimmed China a bit as n…
Not too much chance of that happening heezsafe, as I am probably the only person to have ever worked in the technology industry who didn't open a facebook account.
Do most of the buyers of the new fund also still wait outside all night for concert tickets and apple phones and, dare I say, do you go shopping when the rest of the us are comatose on Thanksgiving?
Sorry, but I just don't get the hype. Nor the ru…
I can see it now....the nieces and nephews will complain about the stocks I would buy for them. Instead of "it's the wrong size/color/brand, it will now be "It's the wrong sector".
Your post as to the number of millionaires in the Democratic congress was a common response, in my opinion, simply due to the fact I've seen it more times than I can count in response to a critique of donor influence. I've asked this same question t…
Just curious, in response to the question being raised in regards to large donor influence, a common response is to point out how many millionaires are in each party.
I'm wondering why this is a pertinent question, as many on this board no doubt al…
Gerrymandering along with our maturing oligarchy supported by the Citizen's United decision have corrupted our election process. We need to address both, hopefully including a provision for publicly financed elections.
If ya can take enough steam/trend/money from area(s) "x" at a decent profit and move into the beaten down areas, one has to suspect there may be money to be made.
Yes, I'm planning to take dry powder and move money a bit at a time into EM.
Hillary should get into the datacenter business....her "server farm" is one of the few things which haven't been hacked.
"Hillary's Cloud"....nice ring to it, eh?
willmatt72
Other than the usual suspects, mostly individual REITs in the non-taxable account.
Having said that...I did find something which occurred a few years ago in my taxable account...in 2011. All of my funds with the exception of VGHCX all l…
I've learned something about this specific sector over the last several weeks. I bought a slice of ETNHX, about a quarter of what I consider to be a full funded position for a mutual fund....and then watched closely.
This fund swung with great aba…
Yes...I am quite sure there will be a degree of overlap with the other GP funds. As I am looking for a small cap holding for my taxable account, this appears to be a nice fit for that space. GPGOX resides in my IRA account, and I am pleased with its…
MJG,
Given his forecast, I'm really not sure what a prudent portfolio prescription might be, but I think a good diversified mix would be a good default. Divi payers may also be a nice sleeve...or at least I'm hoping so.
His gloomy diatribe plus Dr…
Pudd...sorry if my response appeared blunt...it was not intended to be so.
I believe healthcare, along with tech, utilities, consumer discretionary, et. al. are all components in a well balanced portfolio.
One of my earliest learned recommendatio…
Pudd....I guess my philosophy is just different from yours. I've been taking profits for the last several years at fairly simple predefined targets for each of my funds, including healthcare funds, so "sell the winners" is something I've been doing …
Other than some near term volatility due to what I believe is purely some overvaluation and then some natural profit taking and angst fueled consolidation, I think healthcare will be fine...for a few reasons.
There will always be a market for impro…
Old_Skeet....let's see what the earnings look like over the next few weeks. I wouldn't be too surprised if a few stocks report a miss, and then lower forward estimates. Of course they will get obliterated, and then make it back later when they beat …
Thanks Ted,
Scattered among the debris was this..."Emerging-markets funds were hammered, plummeting 16.02%. “The commodity-producing emerging markets are right in the eye of the storm,” says MKM’s Darda. “But even the commodity-importing markets ha…
Hi, Press.
...There is some concern from friends of the firm that the outsiders may have fostered a culture change of sorts, which might account for some of the manager departures and the launch of newer, narrow funds (their newest funds are Value,…
After getting pinged by Schwab for quite awhile, I finally changed both my log in and password. Your note is a good reminder as to why this needed.
And....I just noticed something.....looking at our pictures, I see "Michigan" over "Ohio State". Tha…
In the "PS: Where Eagles Dare" section, is the following sentence:
"Of more interest is the fact that Blackstone Management Partners is reportedly purchasing a 25% stake in First Eagle that is being sold by T/A Associates of Boston, another private…
At the end of August, I bought a 25% slice of ETNHX, thinking a basket of bio's was the way to play that segment, particularly after the 10% haircut they had just taken at the time. Needless to say, it's been brutal over the past week or so. Yikes. …
@PRESSmUP Of course, all of this turmoil is occurring at the precise time we need to make a decision on the Grandeur Peak MicroCap fund.
Yes, and then tax-loss selling season begins in earnest :(
And even if if you don't sell anything, I can see i…
They (Mark at GP) told me I did not need an adviser code, and that the ONLY way to purchase the fund is directly through GP.
This should not be so difficult...I will give Amy a call this afternoon.
Bee...the "adviser code" also threw me for a loop....I was hopefully thinking this was an area for Schwab as example, to place an identifier such that I could buy this on the Schwab platform. Unfortunately, in speaking with both Schwab and Mark Sidd…
Davfor...as a point of clarification in case I wasn't clear, in popular vernacular I use the term earnings recession as merely a reduction in earnings from prior measurement periods for a company (companies), and not a recession in the classic sense…
With Third Quarter Earning Season beginning on Oct 8th I am, in short words, not encouraged.
I think people and Wall Street are going to crap in their pants when earnings start coming out. Maybe we'll see some real bargains. We maybe 6 months to…
