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.
"Congressional Budget Office said it is no longer possible to assess the overall fiscal impact of the law"
lol.
I'm not going to make any political statements. I have a few thoughts:
1. I wouldn't be jumping into (unless you have a long-term time…
I'm guessing by taxing those who opt out of health care plans or calling the requirement to get a plan a tax.
And I believe that the penalty for those who opt out goes up every year.
Thank you for the article!
Hutchison - to me - is an exceptional collection of assets worldwide, from telecom to Canadian oil to ports all around the world to health and beauty retail (second largest health/beauty retail company in the world.) I do…
What about expanding the theme to include the stocks of Charles Schwab, SCHW, discount broker TD Ameritrade, AMTD, and other places that mutual fund aficionados frequently go to purchase funds.....
I own Intercontinental Exchange (ICE), which owns t…
It's not as if Hussman hasn't made his case again and again, with an exceptional level of detail. I don't disagree with a fair amount of it.
I guess the thing is, at least outpace inflation by a little, which I think is considerably higher than the…
I'd say no to M*. TROW and BEN are particularly interesting (and have demonstrated long-term success and relative consistency) and AMG is compelling. I just think the one issue becomes willing to have a long-term viewpoint, as any 2008-like period i…
Anybody building-up cash??
Isn't this slow-bleed upward a little unwarranted? I'm not looking for a 10%-20% correction, but shouldn't we be at a point of a mid-level "correction"? Has the economic data and company profits been that good, looking …
If I remember correctly, Hartman flip-flopped twice within a month or so, right?
Lol, he flip flops constantly. He's also always talking about how he's long commodities in other currencies and the currency seems to be changing every other day. The b…
While it's not described as such (and oddly, not in that category on M*), this would appear to be simply a managed futures fund and not a real great one. The last few years have not been that great for managed futures as a strategy, but - as I've di…
That chart is one for the ages.
I think I'm recalling right that Consuelo Mack never asked Andrew L. about his record on the alt strategy he was touting during the May 2 WealthTrack program.
No financial media ever questions guests. CNBC never ques…
While it's not described as such (and oddly, not in that category on M*), this would appear to be simply a managed futures fund and not a real great one. The last few years have not been that great for managed futures as a strategy, but - as I've di…
Thanks Ted.
If I was a market timer I'd be selling based on the "bizarro" bond action. (2.42% on the 10-year.)
I think that's probably signaling a locomotive heading our way.
Not a timer - so sit tight and see what happens. Regards.
I'd agree w…
@scott Would you not expect the very best financial comedy show on cable TV to bring in clowns occasionally? Well then, is D Garman not an appropriate guest, if not a most exemplary one?
You make an excellent point.
"Cliffs Natural Resources' (CLF -3.3%) announcement that it will cut capital spending by $100M in 2014 isn't helping shares today, and RBC analysts think CLF could breach its debt covenants.CLF must maintain a total funded debt/EBITDA ratio less tha…
I don't think one should avoid alternative investments, but this is an excellent article that provides an outside the box view of alternatives that I agree with highly.
"Amazon buys UPS, takes delivery vehicles in house..."
Amazon is already starting its own fleet of delivery trucks.
http://online.wsj.com/news/articles/SB10001424052702304788404579521522792859890 ("Amazon, in threat to UPS, tries its own deliveries…
Thanks Scott. Interesting link.
I question their property values in part because of the overall transition from strip malls to online and life center malls. The Kmart properties in particular are mostly in less desirable locations.
Their Craftsm…
I used to hear that the value of Sears was in their real estate holdings. I wonder about that now. Who would want a large mall store or any of their Kmart stores?
I do think that there is value in Sears. I think there's value in the real estate, va…
Eddie Lampert is delusional if he continues to believe that this "members" program is leading some major turnaround. Sears lost how much this last quarter? How much in the last few years?
http://blogs.barrons.com/stockstowatchtoday/2014/05/22/sears…
The housing market will never pick up until the Working Stiff starts working for 2014-sized dollars. That poor Working Stiff is working for 1974-sized dollars, still. And from the "Let them eat cake" Dept. .....
Only in the Wall Street Journal? My …
Art: Totally agree with you there. Please link below.
npr.org/blogs/thetwo-way/2014/04/18/304528064/china-admits-that-a-fifth-of-its-farmland-is-contaminated
Years of environmental neglect is catching up with them. Heavy metals (cadmium, nicke…
Ablin is a bit of a "book talker" on CNBC, but I do listen and sense that he would have more to offer outside of financial media.
Fisher is so aggressively promotional that I have a hard time listening to him. I like Schiff and agree with a fair am…
I wouldn't buy a country-specific fund, but that's just me (shrug). I do own top holdings Jardine Cycle and Carriage and Astra via parent co Jardine Matheson. I own Singtel, which effectively has a "fund" of holdings in other Asia-region telecoms, i…
There is this note on M* "This fund experienced a significant change in its investment strategy and/or legal structure as of 12/02/2013. Details regarding significant restructures can be found in this methodology paper."
I'm too lazy to figure out/…
Old w(h)ine, new bottle. The simple truth is that most people invest emotionally rather than factually. They also have bills to pay. Has anyone here put aside any investment with the intent of leaving it there for the next 20 years much less 30? May…
Pretty dumb. They were buying BEAT yesterday because Apple was buying Beats audio and apparently many were buying BEAT (completely different company) without bothering to look if it was actually the same company. This is definitely not the first (or…
Scott, the daily trading volume of gbnxf is so small, how can you get enough shares?
The only foreign pink sheet stock ("foreign ordinaries") that I ever had trouble with is a company I owned called Chr Hansen. Took a little while to get shares and…
@Scott - Does the new CEO of Glencore give you pause or change your investment thesis at all?
Tony Hayward is going to be the chairman of the board. Would he be my first choice? Probably not, but I suppose in a way it goes along with Glencore, which…
WF prepared having a drop-off in traffic doesn't surprise me. How expensive WF is is one of the first things people mention, but prepared/salad bar is the one aspect of WF that I think has become expensive to the point of being a rip-off.
Trader Jo…
I'll also note that Sonders is a permabull, although it's a little less obvious/aggressive than maybe it used to be. I'll read what she has to say but I rarely find myself taking much away from it, it's usually just a collection of widely-known bull…
In many areas, Sprouts Farmers Market has been taking away customers from Whole Foods as a cheaper alternative. They provide a WF like atmosphere without the high prices of WF and the grunginess of Walmart or Target even if the latter sell organic. …
