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.
"I find it somewhat puzzling why a few MFO members are so short-tempered and even hostile towards Morningstar’s limitations, errors, and costs.".
Here's the thing: I'm not particularly upset by any of M*'s issues. I look at things like S & P ana…
Gross in shades pic and other thoughts:
http://dealbreaker.com/2014/06/here-are-some-things-that-exited-bill-grosss-mouth-this-afternoon/
http://www.valuewalk.com/2014/06/bill-gross-morningstar/
"Proclaiming he’s 70 years old “and moving on as th…
"GameStop...only available on-line."
Games can now be downloaded via online services. When they go online only (and I think that's a when, not an if), Gamestop is game over. Why have the middle man?
In terms of only viewing online, Amazon too.
I'm kind of surprised that it is taking so long for the consumer world to wake up to this new rent-a-life concept.
I'm glad that I'm as old as I am... I really don't like what I see coming.
I completely agree with you. It's even a part of things l…
BobC Said:
"The software is accessed via cloud, so nothing is on our own servers. Yes, that is the way of the world in our business."
Not to get too off-topic, but I'm starting to get tired of this already. I can't own something, I have to have a …
I watched the talking heads on Bloomie today and mostly it was on the Fed's decision to slow up on their twist or whatever it is called now. It shows that Janet Yellen has a finger on the pulse of the economy and perhaps with the Middle East trouble…
As for Whitebox planning, put this in your travel folder:
http://www.bloomberg.com/news/2014-06-10/whitebox-shorting-never-never-stocks-in-graham-reversal.html
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Love the Never Never Index, but Open Table got bought by Priceline, which I totally d…
I'm not so sure she was upbeat in her conference as she was clear that the status quo goes on. (aka "nothing to see here, move along" aka "This is not the inflation that you are looking for" aka "This is not the bubble you are looking for, either, w…
Sold a little more Canadian Pacific (CP), may just sell what's left and either add to other railroads or something else (Visa, Intercontinental Exchange, etc.)
http://stockcharts.com/h-sc/ui?s=CP
Canadian Pacific was something that I strongly cons…
Hi guys!
Long time since last post….I have a couple of questions for you.
I have two (2) health funds (FPHAX and FSPHX). They seem to track differently on days when the health sector is soft. I am looking to add LOGSX and get rid of FSPHX … look…
I see that one of Romick's new holdings is Jardine Matheson Holdings, a company Scott has spoke highly of in the past. FPACX has been my largest core holding for many years now.
Hmmmmmm.... that is quite interesting and I do really like Romick/Cresc…
The top holding is Naspers, which is owns about a third of Asian internet giant Tencent. It initially invested around $32M in it in 2001 and has not sold a share. Tencent is now worth about $139B.
Naspers is actually a pretty fascinating kind of E-…
I've thought about it off and on literally since that MFO discussion a couple of years ago. I just never got around to it, to be honest. If I was putting the current portfolio together now I'd probably strongly consider it.
Another blah day. However, not doing anything. Nothing to buy, don't want to sell anything (especially not the oils w/oil pushing past $105). Just sitting on my hands.
The Canadian Rails (CP, CNI) seem to go up every day lately. Sold a little CP the other day, but keeping the rest of CP, CNI. Would not buy anymore of either.
Diageo (DEO) up. Conocophillips (COP) and Vermilion Energy (VET) up, as well as a few ot…
If someone is going to post 10-15 +/- links in a day without text or reasoning, then fine - but they should be in one thread titled "Links: 6/11/14" (or whatever date.) Post however many links, in that thread, then the thread can continually be bump…
It's like a REIT index fund on crack. It's very volatile. If REITs are doing well, awesome. If not....well, not.
It's not a bad thing, it's just a matter of knowing what you're getting into and whether or not the risk and volatility appeals.
As John noted, Yum has a huge presence in Asia. In terms of consumers in Asia, I like Jardine Matheson, which is the largest holding in the fund. Jardine's Dairy Farm subsidiary owns Ikea stores in Hong Kong and Taiwan (as well as soon to be Indones…
@Scott: Have you considered IYT, I bought some yesterday.
Regards,
Ted
http://www.ishares.com/us/products/239501/ishares-transportation-average-etf
Thanks for the comment. Something to definitely think about - I've focused on the rails and, to some…
I do think that the market is probably being drawn - at this point - like a magnet to 2000. We will likely get there and you will have all manner of headlines about it. I do, however, wonder if there will be difficulty getting over that significant …
Doesn't that just figure? I just recently dumped it for MAFSX.
I think you made the right choice getting out of it (not sure about MAFSX, haven't really looked into it, although I do like the fact that Jardine Matheson is more than 7% of the fund) …
Scott, you nailed it. Kiplinger's, 2008:
"But Nygren's largest blunder by far was his heavy investment in Washington Mutual (WM), the country's largest thrift. At one point, WaMu represented a towering 15% position in Select's portfolio. The Seattl…
I feel you on the inflation front. The things I buy seem to be going up - not staying flat.
I think there's definitely noticeable inflation occurring. Not only from literal price increases, but from the frequently noted package size changes.…
"Hey, what do you think of NDAQ?"
In a way, I think the exchanges are at least basically interesting from the standpoint of relative dominance and that business model I like, where there's a few dominant companies that own the "toll road" (credit c…
LOL. Social media is just so ridiculous in so many regards. There is so much that phones I think are capable of that isn't being done in this country and yet, so much emphasis is put on Twitter and Facebook.
As for Gatorade, I miss Gatorgum. I drin…
"....also be a perception that MFO seems to be primarily a site for "insiders"?"
OJ
Great post and I agree with all of it.
In terms of the above, I was thinking the other day that this discussion forum seems like a "club". As nice as that is, I t…
I'm with @JohnChisum. @Ted could you elaborate on why you find his comments particularly insightful?
I'm not Ted, but Cashin has been on the floor of the NYSE for something like several decades. He's something of an institution and his insights com…
GTAA was a disappointment and this sort of trend-following fund often is in mutual fund/ETF form.
I have enough respect for Mebane Faber that I will be happy to take a look at the prospectus for the new fund, but if it's anything like the prior fu…
Uber is an interesting concept, but the valuation is ridiculous and you already have discussion of automated cars.
http://thenextweb.com/google/2014/05/28/googles-self-driving-car-project-destroy-taxis-uber-lyft-knows-everything/
"When a taxi pull…
