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.
According to M*, RNCOX does not exceed the S&P by it's ER over the last 1 and 3 years.
Is it time to abandon this previously recommended "Core Fund?"
I've sold off 2/3 over the past 2 years. Is it time to abandon the remaining third?
Is the S &a…
I was trying to be too fancy, maybe. I was attempting to point out the difference between consumption and consumerism, which is endemic. The sheeple, generally, are pretty stupid about this, as you said.
"Part of the problem, some economists say, is…
In my opinion, it's a trade. I really see no potential improvement in core fundamentals in the mid-to-long term and see potential for them to worsen. I really like a couple of companies there (Fast Retailing being the main one), but not enough to …
I own HQL. Significant yield and can invest pretty substantially in private equity in the industry. Has it not done well in the last few weeks? It's definitely not. However, I've been adding recently and I'm not really bothered by it - I'll continue…
"Let's start with the big banks. On Thursday, Ally Bank — once known as the General Motors Acceptance Corporation — went public with a $2.38 billion IPO. Proceeds went to the U.S. Treasury, which spent $16.2 billion bailing out GMAC in the wake of t…
Kinda/sorta thinking about ENY , although the more I watch Bill Miller be bullish on CNBC this morning the less I want to add to anything/add anything.
I Liked Carl Quintanilla, Where Did He End Up?? He Came Across As Very Likeable.
Wasn't he on the Today Show on weekends? Not sure if that's still the case.
Why are you looking to replace MFLDX? It's having an off year, but it has a good long-term record. If you are replacing it due to this year, you're going to be replacing a lot of funds over time, as all funds have an off year here-and-there. Given t…
Those who followed Ackman into Canadian Pacific and P & G have done well (especially the former.) Those who followed Ackman into Target and Borders (and Herbalife, although who knows on that) have not.
An activist moving into something is no gu…
Scott, that is a brilliant idea: Josh Brown and Jeff Macke. They are smart and funny. The current CNBC Squawk lineup is unbearable. I despise Sorkin almost as much as Kernen (though for different reasons), and Becky Quick is utterly pointless.
Thank…
I like the pipelines, railroads and while I think energy is best played by a broader fund, I like the energy majors - Conocophillips, Chevron, etc - are mostly reasonable and provide nice dividends.
The Canadian plays (look at CNQ recently, which I…
lol. I'll provide a different view.
- Joe Kernan is the funniest thing about CNBC. I've never seen a bigger instance in media of someone who's been doing something for ages, has gotten beyond the point of boredom and is now having tantrums because,…
As for Gartman, apparently his Canadian ETF is no longer - it did horribly since its launch 5 years or so ago.
"But the Gartman ETF, named after advisor Dennis Gartman, ubiquitous author of the Gartman Letter, an investment advisory, couldn’t harne…
Both Scott and cman appear to be skeptical with respect to a long-term commitment, and they are both pretty savvy fellows.
Thanks! Yeah, I think Japan has a fascinating culture, don't have anything against it, but I just think it faces some conside…
Personally, I think it depends on if you think Abenomics will work (and by work, I mean lead to sustainable improvements in fundamentals in the country, not just a short-term pop in asset prices.) If you do not, it's a trade and how long you want to…
@Scott that is an excellent thing to know
Happy to help. I haven't really looked in detail, but I know I've seen it at libraries under the library website. I think it might be an instance of most features but not all - primarily fund reports and tha…
more worth it than a morningstar premium account? for reference I move money at most once a quarter for now.
Many libraries seem to offer M* Premium (or at least aspects of it) through online reference.
I don't always agree with him, but I like Josh Brown a good deal. Brooklyn Investor (http://brooklyninvestor.blogspot.com/) is another. He's more economist than writer, but Stephen Roach writes the occasional article. Another writer who I follow oft…
One of the few things that did well for me were the CHS Preferred shares, but other than that, was bad or worse pretty much across the board (aside from AQR Commodity and Whitebox, as well as a couple other minor things - CNQ, for example.)
No recent changes. FWIW - a thought. Amazon has steadily been raising prices past couple years. We especially find many of their "Prime" items have been jacked-up to help compensate them for that "free" shipping. Two years ago we bought online al…
@scott
My concern is for the overall internal affect upon those who remain.
Take care,
Catch
I agree. As for the stock fund side of the business, I thought what Pimco was doing - bringing in mostly "known" (especially in the case of the Thornburg …
I agree with Scott; Pimco's foray into stocks is not going very well.
Scott, are you still holding PMHIX? I sold recently; started looking to me like the long-long-long-long-short strategy * in riskier stocks might not do so well ahead, so moved t…
Anne Gudefin has managed PATHX since 4/10/10, that news ?
NO.... From the Pimco website... "Prior to 29 January 2014, Charles M. Lahr was a Portfolio Manager. "
Lahr co-managed Mutual Discovery with Gudefin for quite a while.
Trying to show that …
What I'm amused by is the restrictions on electronic copies that most libraries have. I can check out ebooks now at my library, but some books are "all checked out". They're EBOOKS. (I know, publisher restrictions and all that, but just amused by th…
The debates on CNBC today regarding this are really some of the most heated/angry I've seen in quite some time. It's been a while since I've really watched CNBC and thought a fight was imminent.
Liked the response from Lewis to the vacant Sue Herer…
Was AQR perfect? No.
I was not expecting the "perfect" strategy, but I was expecting more communication with its shareholders, when things started to look not so perfect.
It was a good lesson-learned for me.
I meant in terms of the way that they …
It wasn't meant to be harsh at all, so apologies if it came off as such. Fund shops do have some responsibility to educate shareholders, but I think at some point it's an investor's responsibility to understand the strategy and manage expectations. …
Pretty good article...
Basically, I found that when AQRIX was doing well, the firm was quick "to properly educate investors on the purpose of vehicles like risk-parity funds..." But when things headed south, the classroom door shut and communicati…
I notice some infrequent very minor delays. Not enough to write home about. I'm talking in terms of several SECONDS, is all.
I'm not really noticing anything much, either.
Brookfield Infrastructure (BIP) is an excellent "pure play" on infrastructure. You are investing in a company who can literally invest in specific (say, a toll road in Latin America) infrastructure projects around the world and can do so opportunist…
