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 @Old_Joe: It's fascinating the level of devotion to politics.
I can't tell you how many times I've had this conversation or some variation of it:
Me: "You know, neither side is really looking out for your best interests - they're all loo…
8:13 AM Apple (AAPL) -3.4% to $392.50 as the Street continues digesting the light FQ3 guidance provided with its FQ2 beat. BMO's Keith Bachman has cut shares to Market Perform after recently expressing concerns about iPhone mix. "We think the challe…
6:36 PM Schwab's (SCHW) platform appears to be functional after going down during the final hour of trading, and remaining down during the post-market Apple earnings release. Schwab thinks it was the victim of a DOS attack. [Financials] 3 Comments
Reply to @Mark: I don't know how people have limited data plans. I use probably 2GB-3GB of data per month, but lately I've started watching shows and watching a few hours of television adds up massively.
Baron Real Estate is an aggressive RE fund that offers exposure to REITs and what I suppose you can call "RE-related" (Lowes and the like) On the conservative side, Fidelity offers a fund (Fidelity Real Estate Income) that can invest both in REIT st…
Reply to @Hiyield007: I think the question becomes is there a place for a fund that is not consistently swinging for the fences and can a fund that intends to provide some manner of downside protection have a place, especially over a full cycle? Or…
I still kinda like my idea of an Iphone and/or Ipad built for outdoors - tough, metal exterior, maybe enhanced gps/gps features, built in thermometer, waterproof, outdoor apps pre-loaded, enhanced battery and/or ability to swap in extra battery, etc…
Reply to @Hiyield007: 4:46 PM Looking for signals from insiders? Walgreen (WAG) director Stefan Passina reportedly buys $4M worth of company stock at an average price of $48.62 per share. Comment!
Reply to @BWG: Anyone shorting AAPL at this point is likely asking for trouble, it becomes where to start a long-position and whether or not one has a considerable time horizon, as I think stabilization and a turn higher will take time (and I think …
Reply to @Hiyield007: I think Rite Aid is worthy of consideration as a turnaround play, and I agree with you. I think there is the issue of Wal-Mart Express, which continues to make in-roads into major cities, but Rite Aid has made (I think) much-n…
Reply to @hank: "Possibly, the sequester is taking its toll on the economy."
Need moar QE and another 5-10 years or ZIRP (I don't know about anyone else, but I'm eager for NIRP.) [sarcasm] Maybe NIRP will finally create a sustainable recovery ang m…
Reply to @Sven: I don't have an investment or interest in any of these names, but -
1 - What Sven said. Apple not only needs new product, but needs to innovate. Iphone 6 and Ipad 4 or 5 aren't innovative, they are tweaks on the core product/initia…
I'm trying something different this year. I am very happy with the all of the various single names I own, almost all of which provide a very good or great dividend yield and dividends will be reinvested (aside from a couple of things that do not hav…
Added a bit more to Singtel (SGAPY), which remains a long-term holding and my fav telco. Sold remaining Japan bets.
A few more minor tweaks and I'll be done for the year.
I think if developed markets are going to muddle along (and the question then becomes where would they be without monetary policy), emerging markets are not going to decouple, although they may outperform over time if some growth continues. If your …
Own Oaktree Capital (OAK), which owns a stake in Gundlach's Doubleline and (at least currently) yields 8%. (Oaktree emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in distressed debt, corporate debt (includin…
Reply to @Art: Is/was a large position and am taking a bit off the table - will let the somewhat more reasonable remainder remain. Still like the fund a great deal, still very much a long-term holding.
Reply to @Charles: They are likely getting 2 and 20 on a pretty sizable amount of their overall AUM - the mutual fund part is growing, but I would think they have a larger asset base in their hedge funds.
Reply to @Charles: Curious why ADAIX - it's a good fund and probably the best in its category, but there are others (Arbitrage Event-Driven) that are relatively similar - none of these funds are going to hit more than singles, but their appeal is t…
AKA "Dennis Gartman" article:
http://www.zerohedge.com/news/2013-04-15/all-abe-inspired-gold-jpy-buyers-now-underwater
http://globaleconomicanalysis.blogspot.com/2013/04/gold-silver-hammered-end-of-precious.html
As for the above chart and 1980, ht…
Reply to @Charles: I wish your relatives luck selling their house. I think houses are in the process of a multi-speed bottom. Additionally, I think (as I noted in another thread about following a relative through the "first time buying" process) the…
Reply to @AndyJ: There's also the Toews funds and I think a couple Forward funds. GTAA definitely has been a disappointment. The Rydex L/S commodity managed futures fund that I thought used to be good for a trade or two has turned into a disaster.…
Reply to @Charles: Would appear to be a hedge fund. I don't own any, but there are a couple of major London-listed hedge funds, including Brevan Howard Macro (which is giant) and Third Point. I really don't recommend (illiquid and other issues), but…
Am helping out/going along for the process with a cousin who is purchasing their first place - helping to help and to get a sense of the process if I want to do it at some point over the next couple of years.
So far, my sense is that it's an overwh…
The AQR momentum funds have not done well enough to sell me on them - other momentum strategies may work great, but not seeing funds that are impressing me.
Reply to @bee: I think for me it's a number of things - FFO is an aspect, but I find particular themes compelling or find interest in a particular business/niche. I particularly like the triple-net REITs, but WPC is the one that I have as a long-ter…
PETDX is definitely an aggressive choice. KIFAX, RREIX and FRIFX are balanced real estate funds, which I like. The Baron Real Estate fund would be another aggressive, and somewhat outside-the-box (as to what it considers "real estate") fund.
I like…
Am probably early, but sold some Japanese stock exposure today. Will retain some various small bets on Japan, but the fundamentals remain negative and will probably not get any better. It's really a trade more than anything.
I do not like buying th…
" He said he is "exploiting inefficiencies.""
I think that would cover some of the long-short pair trades that he's done recently.
http://articles.businessinsider.com/2012-05-08/markets/31622750_1_natural-gas-apple-trade-idea
"Here's what he said…
