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I do see the points Charles and others made, it appears that the return seems ok for a conservative allocation fund, will hold it for another year to decide. Thanks all.
Agree with you that he has been caught in a value trap and not flexible enough to adapt to the market environment. Investing is more art than science, he seems very rigid which can be conceived as good for some folks but not for me.
Thanks For both, my original thesis of buying this fund was that it would be a steady small cap fund based on manager's prior fund track record, which I owned briefly (less than three years).
Just a thought, HK was controlled by UK for over one hundred years, the HK people never had the freedom to vote and their colony government was appointed, our western media never raised a question, double standard, I am not trying to defend what the…
My comments is not related to your investment suggestion request. If your friend's parent have trouble to fill the drug prescription due to lack of copayment, there are many foundations existed and are mainly funded by pharmaceutical companies. He o…
The return for Garix was impressive, I have not found a better one in the LO space, the fee is still reasonable compare to other options in the same space.
Thanks Charles and David for your comments. I have owned several individual holdings of RWGFX for many years and very happy with it. Recently trying to shift more investment allocation to mutual fund or separate account to reduce the stress and tim…
Thanks Ted. I will check with my broker to see if I can access to this fund.
My best YTD are GEVA (56%) and AEGN up 62%. For funds, PRHSX up 12% and RRRAX (10%).
My thoughts are similar to Cman's, West particularly US will eventually find ways to compromise with Russia, similar to what happened in Georgia a few years ago. I am looking for a 20 to 30% upside once smoke is cleared.
While I like David's one-in one-out approach for fund investing to limit the number funds you collect, it also depends how large your portfolio. I personally like to select 2 -3 potentially best funds in each morningstar's nine boxes to minimize man…
Great charts for both IBB and XBI in the video, I have started trimming my biotech specific positions since last December. Several of my current holdings such as NLNK and geva are up more than 30% ytd, just need to be careful with this sect with cur…
Good luck with your Fbiox trading, please remember that one day the music will stop, looking at the chart of IBB or Fbiox reminds me the tech bubble in 1999 - early 2000.
Ted, FBIOX is "pure" biotech fund while prhsx and Shsax are more diversified health care funds which both have about 30% invested in biotech space and the rest spread among big pharma, medical device and research reagents/instruments areas. I person…
prhsx and Shsax are better alternative to Fbiox if you want to get into hot biotech/health care area but worry about the huge run up of biotechs in the last two years.
Cancer immunology is red hot area in biotech space.
The Anacor Phamaceuticals and Teva positions worries me, I don't think they understand the Pharma and biotech space well. Anacor is not the best and safest biotech out there, Teva used to be good, currently company face patent expiration for their b…