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.
There's Peugeot and Dongfeng and Jardine Matheson (which I own) making a fairly rare strategic investment a couple of days ago (in Zhongsheng Motor Company, one of the biggest car dealers in China.)
I think both are interesting, although in terms o…
Got 9 out of 13. Missed the supreme court question, common core question, first question and % of women in Congress question.
I'd agree with the public not being involved with the market nearly to the degree that many seem to think they are and tha…
Some of these names were (and some still are) in my opinion overdone. Some of the names have come down to the point where they are interesting, like FEMSA and Ambev, although still not great values. FEMSA I worry about in terms of cracking down on s…
Reply to @PRESSmUP: Thanks - unfortunately, I haven't owned it as long as I wish I had, but I've done well with it plus nice dividends. The company has raised the dividend for a little over 50 straight quarters, last I checked. The company is a glo…
Reply to @bee: CFTC is not going to do anything. It will likely be other countries, like zee Germans, who do anything.
http://www.bloomberg.com/news/2014-01-16/metals-currency-rigging-worse-than-libor-bafin-s-koenig-says.html
Reply to @cman: "Physical gold (like all commodities) is purchased via futures contracts."
lol.
http://www.apmex.com/category/1150/gold-bars-gold-roundsall-sizes-manufacturers
I remain invested in Jardine Matheson, Hutchison Whampoa and a few other odds/ends. I was in some Brazil stocks for a bit. I am actively looking for other EM options, although I have considered adding to Jardine.
I bought Naspers around the $60's, sold it in the $80's and regret it now at $105. lol.
Naspers is, to me, the most "comfortable" single stock investment in Africa. I think it's richly valued, but what do I know, I thought it was richly valued some…
Really like Howard Marks, and Oaktree is a long-term holding (although a note for those considering it - it is an MLP and therefore you run into K-1 forms at tax time.)
Reply to @MarkM: I didn't know he was a spokesperson for them. Yeah, I mean, I really listen to few people anymore. Howard Marks is one (and Oaktree still continues to do nicely), maybe a handful of others.
Reply to @Charles: Thanks - yeah, it's an interesting development and sees China continuing to buy up resources. Glencore has been disappointing, as I think has been a lot of similar plays over the last year or two. The BHP's and Vale's of the world…
http://www.kiplinger.com/article/business/T019-C000-S002-my-forecast-for-2008.html
"Look for stocks to have a good year. By June, the subprime-mortgage disaster will ease.", Jeremy Siegel, "My Forecast For 2008". 2/2008.
Alternative award goes to the AQR Managed Futures fund? I mean, it's the best managed futures fund probably, but that's not saying a whole lot for a category that I think continues to not work that well in the mutual fund format.
Why not Marketfiel…
Reply to @cman: "It is not uncommon for the elders of one generation to think the next generation is in big trouble."
I'm a young person (30's) and think the next generation is in trouble haha.
I think managed futures is an interesting category, but I've always thought it required a greater degree of flexibility and the ability to be more nimble than a mutual fund is capable of being. I've often thought and said that managed futures works …
perma-bear vs perma-bull. I can't stand Bernstein on CNBC, whatever his views. He's the most smug economist they have on. Hussman will eventually right, but to what gain (maybe what the fund has lost recently) and with what opportunity cost (lots)?
Reply to @catch22: I was going to say the same thing and I said it a few weeks ago in another thread. Will never happen re frugality, and that's why I continue to invest in credit card co's. Previous generations who went about their spending and sav…
Reply to @Old_Joe: I'm not going to say anything about Larry Summers that I haven't said before. That said, in terms of what you discuss above, look at banking: 'Mobile banking continues to take share and the number of branches - which fell to 5,151…
Reply to @msf: "The Googles, the AT&Ts, etc. have been "spying" on people for years. People didn't care. They gladly gave away personal information, and as they found out more was taken from them by these businesses surreptitiously, their reacti…
I think it's an interesting fund, but unless the minimum comes wayyyyyyyyyyyyyyyyyyyyyyy down, not for me.
In terms of Beam, I own Diageo and am thinking about Pernod Ricard or Brown Foreman.
Reply to @equalizer: "Hedge fundie Lampert has decimated Sears. "
This.
"But then the bears says: Who goes to malls anymore? And, Kenmore/Craftsman has been eclipsed by other brands, perhaps even by the OEMs behind the Sears labels...with their o…
I would have to look at it. Gladstone Land, which is a farmland triple-net REIT, is interesting but not without issues. Adeoagro (AGRO) has dropped huge since it IPO'd and there's probably value there but political issues, too.
I do agree that buyi…
A lot of the pot stocks seem like they're destined to offer a hangover at some point. Even the ones that are interesting in theory seem overdone. Medbox with a 37,000 P/E.
I've been increasingly looking at REIT preferred shares. I own Vornado Preferreds that yielded about 7.1-7.2% when I bought them recently (now around 6.75%) but am looking for other options as well.
Reply to @hank: Cashin has been doing what he's been doing for how many years (actually, more than 50)? His various little articles and whatnot on CNBC are mixed and brief/sometimes very "surface", but he's more informative when given longer time (s…
