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.
Reply to @mrdarcey: Maybe I'm crazy, but BN stores would not be a bad buy if Amazon ever wanted to have retail stores. They wouldn't sell everything, but they'd sell big categories and possibly have a desk where people could pick up their amazon or…
ZH is by no means perfect, but I don't understand the upset (not directing any of this toward's JohnC's comment above) that a site who tries to question wrongdoing and general BS in the financial system (not to mention government) gets while CNBC an…
Now JCP saying "Comments purported to be made by Ullman in “media articles” don’t reflect “any recent comment,” JCP says in e-mailed statement." So either CNBC was going with a bad source (who had what intent?) or JCP (who didn't say anything right…
Highly doubtful. You have Yellen, who makes Bernanke look like a hawk and today you have the Minneapolis Fed Governor saying that the Fed should "do whatever it takes" and that more stimulus is not out of the question.
http://www.minneapolisfed.org…
Reply to @hank: From 1999: Qualcomm jumps on $1,000 price target.
http://news.cnet.com/Qualcomm-jumps-on-1,000-price-target/2100-1033_3-234996.html
Stock is now $69. However, I think it's a very interesting company and offers a decent dividend.
Th…
A lot of these stocks are likely over/richly valued, but you have an economy that has increasingly become an information economy based heavily on the extraordinary move in mobile technology. Data has become a commodity like oil. I don't think that p…
Reply to @JohnChisum: Thanks! I think fitness technology is kinda interesting. Nike is richly valued at this point, but they're an example with their fuel band, as well as shoes that now communicate with your phone. Nike also has a lot going with so…
Reply to @MaxBialystock: I think it's a matter of either that customer is not doing well, Wal-Mart is having issues (I don't get Costco as much as some people do, but I think Costco continues to pick up business) or some combination of the two. I li…
Lastly, I'll note that exercise and change in diet needs to be a focus in this country. I'm probably the youngest person on this board, but a couple of years ago I really realized that I needed to make some improvements in exercising more and eating…
Reply to @Desota: The down move happened after a very negative report regarding Wal-Mart, which was later denied (although it didn't seem like people believed the denial and this isn't the first time this year Wal-Mart has had to come out and deny …
Reply to @Old_Joe: This is going to be a jumbled answer.
1. Costs of various medicines and treatments have gone up astronomically. I know a relative who hadn't bought an inhaler (asthma) in ages because they don't need it that often. They knew it w…
Reply to @linter: I agree with you in terms of past performance being no guarantee of future results. However, I think it becomes a matter of what is the fundamental reasoning behind performance - and I just don't see the story/theme being over. In …
Agreed with Ted. No one is actually going to sit and solve the underlying problem of why health care costs are spiraling out of control in this country, they're just going to come up with various workarounds and a program that no one can explain cle…
Whitebox partner on CNBC this morning. Click the link below, and there should be a small video in the article below, "Finding the Market's Sweet Spots."
I wouldn't recommend Long/Short, but I do continue to like Tactical Opportunities. My favorite …
I think there's value there and I still think someone buys it (although sentiment is so bad I don't know for how much) but I'm not interested in trying to trade/deal with it. Too much noise and bs.
I wish Canadian Buffett Prem Watsa (who is no lon…
Reply to @Charles: Marketfield still takes priority for me personally - I like that fund's global reach and it continues to demonstrate a solid track record. The Pimco L/S fund also continues to have a very good year - a rather remarkably good year,…
Reply to @Mark:
My view is really that it reached a point where there the housing market simply ran out of sellers. Inventory dried up and it went the other way. Every area is different and every area is going to move at a different pace. There ar…
Bullard: Inflation below target a big deal
Removing accommodation when inflation is below the 2% target and falling hurts the Fed's credibility just as much as adding to stimulus were inflation above 2% and rising, the St. Louis Fed's Jim Bullard te…
Reply to @Charles: Thanks.
"Like you probably, I was disappointed with Fed's decision yesterday."
You know, not really actually. I want to see this story really play out. Maybe some Yellen negative interest rates like what she wished for a coupl…
Reply to @mrc70: Buy. Not looking to sell anything, although what I am looking at I'm looking to hold for a long while. Additionally, buying would really be "a little bit added here, a little bit there."
Reply to @TSP_Transfer: I don't know, I think the issue of the debt debate is oddly, not as concerning to me from the standpoint of I think something will be worked out and any noise is a buying opportunity. You have a real mentality that debt does…
Reply to @JoeNoEskimo: This is the easiest monetary policy in the country's history and now you have a market firmly addicted to it. You have had talk of taper EVERY FIVE SECONDS on financial BS channels. People were prepared for it. It was a giv…
What else could it be tomorrow? You have now no sign of taper (OMG, TAPER TAPER TAPER every five seconds on CNBC for the last month or two.) Oil now likely going over $110 again despite Syria being out of the headlines...
I'd look at EM
Reply to @TSP_Transfer: Oh yeah, metals were talked down for a couple weeks. Starting to think that wasn't unplanned.
The whole thing is priceless though - Yellen is probably in and you're seeing "meet the new boss, same as the old boss - and maybe…
Haha, of course it does. Months and months of, "Oh, a taper is a certainty, everything is getting better." No taper, moar QE. Credibility, however, might just be an issue. I'm not displeased either, but I think the fact that they didn't taper after …
Now this gets interesting. I'll vote for Grandma Yellen. I'd be curious if Stanley Fischer may become an option.
Stephen Roach or El-Erian would be interesting options, but market would probably not take either well.
Reply to @mrc70: I like Ambev (ABV) as a very "familiar"/broad appeal Brazil play that pays a nice dividend. Not a dull stock by any means, but probably about as boring a stock as you'll find in Brazil.
The Brazilian Real is also down considerably…
Seafarer has not done as well as some may have hoped, but neither have emerging markets. YTD within the category I don't think it's done that badly and from what I understand it's not heavily aggressive fund, more of an income/moderately conservativ…
Reply to @hank: Russia is technically cheap, but I think you have to have such a long-term view because views and sentiment I think will not change any time soon.
Reply to @MikeW: I'd invest broadly in EM. Additionally, emerging markets consumer stocks (ECON etf) are long-term interesting and have held up better than EM as a whole this year.
Article today about how chocolate is going up in part because of…
Reply to @Charles:
It's not that it's 2007 as much as the idea that something that symbolizes the peak of 2007 being offered up again makes me a tad concerned about jumping in much further (not that I was really planning on investing much in the n…
Reply to @Charles: I believe hedgeye does not even make investments. They 'sell research'.
So some 26-year old in some ridiculous "research" firm can go on his twitter and make a bunch of dramatic statements to hype up a report, stock goes down an…
Some 26-year-old analyst goes to twitter to hype up a report (report wasn't even out yet, he was making a real dramatic case) he's doing about Kinder Morgan (the fact that that caused the initial drop, which you can see above, says a lot about the m…
Reply to @ducrow: I'm not particularly concerned about management ownership in WBMRX, although I'd be rather curious to know if management has a significant investment in the company's various hedge funds and just not the mutual funds.
