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The fund's page notes that the benchmark is the Russell 2000 Value Index. Not a very realistic benchmark for a very low-key/conservative fund that looks more towards undervalued companies and holding considerable cash at times.
Russell 2000 index E…
"*HOMEBUYERS 'SHOCKED AND DISTURBED' BY RATE JUMP, TOMNITZ SAYS
*D.R. HORTON CEO SAYS 'DISAPPOINTED' RATES ROSE SO 'VIOLENTLY'
*D.R. HORTON CEO SAYS TRAFFIC COUNT HAS SLOWED SINCE RATE RISE"
http://www.zerohedge.com/news/2013-07-25/dr-horton-real-i…
Sounds like a better hedge fund than a mutual fund. I just question whether these complicated multi-strategy alternative funds can work to their potential, given the constraints of the mutual fund structure.
Interesting though and thanks for postin…
Reply to @johnN: "sorry if i am being too political, maybe best to model after Austin or Houston Tx - republican state run. "
I think this situation crosses political lines and is going to be an issue in cities across the country. I have no belief…
Reply to @Charles: 66% above, 10% met, 24% below. (just happened to go by on CNBC as I was reading this.)
I continue to find a lot to like in terms of specific themes and ideas, despite continued big picture concerns.
AT & T noting this mornin…
Reply to @claimui: Miners to me seem like trading vehicles. You will get some of the larger companies that will get through this period and probably pick off a number of smaller companies on the cheap, particularly something like BHP.
I own Glencor…
The upturn in gold has also helped Team Asset Strategy (TEAMX), which is now only down 58% YTD.
http://finance.yahoo.com/echarts?s=TEAMX+Interactive#symbol=teamx;range=ytd;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale…
LOL! Huffpost headline: "UH-OH! Summers likely next Fed chair!" (on the front page), then article: "Fears Rise That Larry Summers Is Likely To Be Named Fed Chairman".
The user comments on a potential administration decision seem almost uniformly ne…
I agree with Winters on emerging markets and the EM consumer, especially in regards to Jardine Matheson, which I continue to hold. I don't hold them, but also like Mastercard and Cielo (which I think is a very interesting company, although Winters i…
I'm more than a little understanding about people in/at/near retirement age wanting to be more conservative, but - aside from the discussion of what is risk and what is not going forward (which is a lengthy debate), I guess I just don't see how some…
JP Morgan accused of rigging energy markets, head commodity trader and inventor of the CDS Blythe Masters gets off with a fine: http://www.huffingtonpost.com/raymond-j-learsy/jp-morgan-accused-of-rigg_b_3614898.html , http://www.zerohedge.com/news/2…
Reply to @Charles: I think the issue becomes sort of an all or none, given the way that All Asset/All Authority is. If you asked Arnott whether or not he believed that - despite his views on the US "big picture" - if there were sectors or specific …
Reply to @Investor: Certainly, although I was curious if anyone had thoughts regarding whether or not more people will move towards electric vehicles, whether or not that infrastructure will be built out any quicker. If, lets say, oil is going to st…
Gas rates certainly vary significantly around the country.
So, if lets say $3 gas is never going to be seen again, what does one invest in (besides oil) and what does one not invest in as a result of that?
Reply to @scott: MSFT -9.5% this morning. Hu-ge move for a company that size.
Cramer comparing MSFT's results with the new tablets to Zune.
I actually think the weakness is tech because of MSFT and GOOG is an opportunity to add to tech - Cisco, Q…
Reply to @msf: Enbridge has been dealing with opposition for a while. Enbridge, while stating that they are trying to improve, has had a rather spotty record (http://www.guardian.co.uk/environment/2012/jul/10/oil-kalamazoo-spill-keystone-cops) at t…
Reply to @Charles: I'm not going to, but I'd just so much rather buy GOOG after it just missed. I'd rather be in a number of tech names than MSFT. There was a delightful analyst on Fast Money who just took MSFT apart. It was a definite miss, but I …
The financial I'm sorta interested in is Capital One (COF); they have done well fundamentally, but they took over the cafe operations from ING usa and people seem to LOVE them - free wifi, cheap coffee and snacks, slick spaces and an opportunity for…
Reply to @Old_Joe: Well, you have a congress that I think knows the value of the markets heading higher. I don't think all of the move in the market has been artificial, but I do think that the visual of the market heading higher takes pressure off …
Reply to @fundalarm: "They all should be evaluated over full market cycles. a smattering of them would be a decent diversifier of a 60/40 porfolio."
Thank you, exactly. It's nice to see you posting on the board again - please continue to do so mor…
Reply to @MaxBialystock: "But if I read you guys accurately, you're advising that frontier and EM is where it's at."
I wouldn't say that it's "where it's at" as much as I think people should have exposure to it. How much exposure to it depends on o…
Reply to @Charles: I like certain technology. I really like point-of-sale (credit card machines at retail stores) technology. You have an industry whether there's two large players that dominate the industry (Ingenico and Verifone) and a couple of …
Reply to @Charles: I think there are a lot of things that are positive, and especially a number of particular themes (and not just EM.) I like unconventional energy, infrastructure, electronic transactions (not from a currency standpoint, but from t…
Reply to @VintageFreak: Sorry about PGMDX. I think that fund has been a real disappointment unfortunately, and I question what level of involvement El-Erian really has with it.
As for All Asset All Authority, I did look on the Pimco website and it…
Reply to @Charles: I definitely don't disagree that someone who manages money can be open to criticism if they underperform their intended benchmarks (and All Asset/All Authority's benchmark is not exactly that big a benchmark - which is why I've sa…
Reply to @BobC: Thanks!
I think in terms of the money on the sidelines, there's also the issue of the amount of shares outstanding in the market, which have gone down quite a bit and what that means for investors going forward. Statistics (http:/…
There is a real mentality of if something is not working right now, that's not something you want. I think this mentality has really gotten worse on CNBC, which has continually screamed that people should be in the US instead of emerging markets/for…
I agree with a good deal of what Arnott has had to say (especially on things like demographics - I don't believe he has ever said that the US is facing an "imminent demise" - only that there are a number of structural issues that aren't being addres…
Reply to @AndyJ: ECON is an interesting option, given the stated desire (whether you think it's going to be successful or not is another matter) of China to move towards a more consumer/consumption-centric economy. Some of the names included are re…
It's not something I'd recommend. Just noting it because there seems to be a continued interest here-and-there (I think someone else mentioned it a few months ago) in GLRE.
I'm not buying and will be happy to just watch. I think it's a matter of G…
