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.
I don't really listen too much to what Gartman has to say. He can flip-flop and miss calls on CNBC and no one ever calls him on it. No one ever brings up what's up with his ETF (linked below) either.
As for bullish or not, I think the market has go…
Reply to @hank: They're going to have to continue QE, ZIRP and all of the other games, while teasing that they are going to lessen them along the way. Of course, the market - now addicted to QE - will be continually upset every time it's hinted that…
Reply to @scott: lol, and Bullard just pretty much admitted what I said above on CNBC: "8:27 AM More from Bullard on Squawk Box (previous): "We work hard on the (FOMC) minutes .... they're wordsmithed." So the Fed deliberately floated a hint of tigh…
Reply to @hank: I see it as more "baffle with BS" (one day, it's "we're thinking about lessening QE", two days later when the market drops a little, "Oh, don't worry - easy monetary policy as far as the eye can see! No worries!" Or, my favorite fr…
Reply to @Ted: Not saying that anyone should buy it, just saying that - in a discussion talking about Matthews opening up another two funds - that there's another fund that they manage that people aren't likely aware of.
Matthews also manages part of the multi-manager Witan Pacific Investment Trust, which is an investment trust on the London market. (it's co-managed by Aberdeen and MW Gavekal)
http://www.witanpacific.com/
The Trust’s portfolio is outsourced to thr…
Reply to @Charles: Thanks! I wish I'd have been able to know the direction of the end result. lol. I won't call it a "new normal", but I think maybe three office retailers in the first place was never sustainable. A leaner combination of Office Dep…
1. Personally I'm of the opinion that being globally diversified is more of a priority than being diversified by market cap. Maybe that's just me.
2. If you particularly like Berkshire, why not buy BRK-B shares? Otherwise, what Mark suggested above…
Reply to @Charles: Very beautiful pic!
Here's an example of a lesson learned. I invested - probably about a year and a half more or less, in a London closed end fund (it's on the US pink sheets) called Dolphin Capital Investors. It is invested he…
"I have yet to read Dark Pools"
It's a drier read than "The Quants" by the same author, but is still certainly worth reading and gives one a sense of the force that technology has become in the market.
I agree with the idea that people's confidenc…
There are the corporations, as well. KMR (Kinder Morgan Management) is entirely an investment in Kinder Morgan Partners (KMP). Linnco Management (LNCO) is an investment in Linn (LINE) and Enbridge Energy Management (EEQ) is an investment in Enbridge…
Hussman has mentioned money printing before a couple of times in his letters, but continues to seem to not understand the effect of it, nor does he seem to understand the desire by central banks to cause inflation (or thinks they're not capable. Wel…
My relatively minor issue with TOLLX is that it does not seem to be able to hold MLPs, but does hold a few parent companies (Enbridge, for example, and Kinder Morgan Management instead of Kinder Morgan Partners.)
I'll also suggest Brookfield Infra…
Reply to @slick: Icahn was apparently one of the inspirations behind Gordon Gekko.
Also from Icahn regarding Ackman: "--Icahn insists pair's personal differences just 'strawberry on top of ice cream' "
Perhaps proof that what Icahn did was almost entirely out of anger towards Ackman - the majority of the stake by Icahn in HLF came directly after the CNBC appearance with the two above.
http://www.zerohedge.com/news/2013-02-15/meet-icahnator-what-h…
Those who want to invest with Icahn can through Icahn Enterprises (IEP), which is an MLP. That's a collection of various companies he owns, as well as a position in his hedge funds. It tanked in 2008, did nothing for the last few years and then has …
Icahn just announced he owns 12.98% of the company/14M shares.
5:24p
BREAKING
Carl Icahn bought 14 mln Herbalife shares: filing
5:22p
BREAKING
Herbalife filing: Icahn holds 12.98% of company
5:18p
BREAKING
Herbalife shares jump 15% in trading after …
Reply to @AndyJ: "I get Asia reports from time to time from a niece who's been working in China and SE Asia for a large U.S. corp for several years, and everything I hear says invest more in Asia, and in global franchises that have footholds there."…
Reply to @Charles: His case against Sears (although the comments section is also well worth a read.)
http://brontecapital.blogspot.com/2011/12/sears-holdings-liquidation-sale.html
Apparently the author has been on CNBC on a number of occasions - I …
Reply to @Charles:
I really believe that straight-up betting on which fiat currency is the "least dirty shirt" this particular week is futile in this environment, especially with so many nations going after a "beggar thy neighbor" policy. I also f…
I wouldn't invest in Blackstone, funds or otherwise. Nothing against private equity, I just don't think the company is shareholder friendly (but that's just me.)
I also recommend MFLDX, ARLSX, PAUIX, BPLSX, AQRIX, FMLSX. Lastly, the new ARDNX (whi…
Hawkins is an excellent investor, but he apparently got into Dell above $20. "Many shareholders bought the company at lofty prices, watching the value of their shares erode. Analysts estimated that Southeastern paid more than $20 a share on average,…
I own Brookfield Infrastructure (BIP), which owns various infrastructure projects around the world, including some utilities. However, it is able to be opportunistic around the world, owning everything from rail in Australia to toll roads in Chile t…
"So Mr. Berkowitz wants investors with more "sticky" money. And, from his comments, the implication is he wants those investors to have a substantial amount of sticky."
John Paulson made the biggest trade in history betting against subprime. He mad…
"The power of compounding is so phenomenal that a long-term investor should strive to avoid losses that interrupt the process. We did not believe the Federal Reserve would instigate an $85 billion a month bond buying campaign, dubbed “unlimited QE,”…
TPTNF barely trades. The underlying bid/ask may move up/down with the London fund, but it may go days or weeks without a price change, then it catches up. Some brokerages do not offer trading in the TPNTF, it would appear, as well.
Grey Market
Sec…
There are a number of things I think Apple could buy that in some way compliment their current businesses. Verifone has done terribly and that would get them into the payment terminal market, which I think will be a bigger focus in the coming years …
Reply to @Investor: "So, unless UPS, Fedex get into the business of low cost mail delivery,"
Maybe I'm wrong, but aren't they sort of into that already with things like Fedex Smartpost? (UPS also has a similar service) These services effectively ge…
Reply to @Charles: Yep. I believe it's been the top position in Wintergreen for a while (and remains a holding in Winters' former Mutual Discovery fund), likely as part of Wintergreen's theme of the emerging market consumer, which Winters has discus…
Digital China was created from Legend Holdings which became Lenovo in 2001. In pursuit of its "Digitalized China" corporate strategy, Digital China is focused on providing electronic business platforms, solutions and services. A one-stop IT services…
