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 added a teeny, tiny back on DWGOX, which I'd been out of. Very, very small amount though, and while I am positive on metals, I am undecided if I want to continue adding back to the miners.
For me, a main focus is attractive hard assets - that can…
1. Buying. A lot depends on what you're looking at, who you are, investing time horizon, etc, but I think it's a time to add.
2. CNBC anchors are like realtors - they're never going to tell you it's a bad time to buy stocks. Jim Rogers called CNBC…
"But from literally the moment the Fed stopped expanding its balance sheet at any point along the way, the market has almost immediately plunged into phases of sharp volatility marked by swift and extreme corrections ranging from -10% to -25% in a m…
Reply to @catch22: I continue to agree with what Jeffrey Gundlach said last Fall on CNBC. (http://www.mutualfundobserver.com/discuss/index.php?p=/discussion/4044/more-gundlach-cnbc/p1)
Kaminsky: "Many people are worried about the Fed's eventual exi…
Reply to @catch22: "The real roast may come when the central banks just do not have anything else that will benefit anything and greater slow down the funny money."
That's if they do. You have a world where there does not seem to be much hesitation…
Reply to @Charles: Can certainly possibly go further.
Shares Short (as of Jan 15, 2013)3: 33.99M
Short Ratio (as of Jan 15, 2013)3: 11.30
Short % of Float (as of Jan 15, 2013)3: 34.20%
Reply to @Hiyield007: Thanks! :)
I mean, I've certainly changed my views to some degree over the last five years, but I think one thing that remains a constant is that it's okay to make choices (and large-scale choices - being heavily concentrated…
It's easier to have some degree of balance in a portfolio and really a perspective that's longer than the near-term. Otherwise, things can certainly become problematic and/or "funk"y at times.
If you're all bonds, you're bummed today. If you're all…
Reply to @Mark: I'm leaning in that direction. I don't think there's another crisis right around the corner and I don't plan on selling anything, but I don't like to add to things in the midst of a giant wave of retail inflows after 3-4 years of gia…
Reply to @Charles: Reply to @Charles: "The thing about investing in stocks, especially short-term speculative, and similarly with options, is just how much time and attention it demands, something I think I recall you writing about. If you're gonna …
Reply to @bee: See also "Canadian Buffett" Prem Watsa of Fairfax Financial Holdings (FRHLF.pk), who is the largest holder of RIMM and got himself on the board.
Sorry to hear about your experience with RIMM. There are some contrarian mutual funds ar…
I haven't thought earnings were bad, although I do think the market feels considerably overbought in the very short term. Feels like there is a lot of afternoon buying and then into the close (funds buying with new inflows, perhaps?)
On the other h…
I don't personally get how it evolves to continue in the US (shrugs), but I could see it working as an emerging markets play. I don't see any of the stores around anymore, and their deal with Target (which I thought was interesting in theory) didn'…
Reply to @David_Snowball: Go to the Intrepid Museum! That still stands out as the most memorable stop of my last visit. That's not a far walk from Times Square.
http://www.intrepidmuseum.org/The-Intrepid-Experience/Exhibits.aspx
Reply to @rono: "Those 16 oz. cans are now 14."
That reminded me - coke 6-pack plastic bottles were 24 oz, then 20oz, now 16.9oz. Price is still higher than what it was a few years back, despite smaller size.
No. Fisher has done very very (very) well for himself, but I'm a tad curious how much of that is investing and how much of that is aggressive advertising/marketing. For all of Fisher's reputation, his mutual fund has done mediocre at best (sort of …
Reply to @Hiyield007: AQR's Risk Parity II funds (MV and HV) are slightly different in terms of what they hold than their Risk Parity I fund, and as a result, II has more emphasis on equities.
I: "The Fund pursues its investment objective by alloc…
Reply to @Old_Joe: Gilette Fusion - which used to be $8.99 are now nearly $11 a few years later, Robitussin (popular this time of year) now around $8 when it used to be $5-6 not that long ago, Head and Shoulders (which used to be the cheap brand) no…
I'm not selling anything (am mostly invested), but am not adding, either, and will continue to look for better entry points to add some here-and-there to specific names and/or broader funds.
I continue to look for appealing long-term specific name…
Reply to @catch22: Let me say this and this is my view and I may be wrong: if one desired playing Japan printing money and the effect of it, I would not play it via an actively managed mutual fund, but would instead play it via a broader ETF. Maybe…
Reply to @catch22: I'm not in retirement age, and I don't particularly like playing specific things like what's going on in Japan, but I think that 1:) what's going on in Japan is going to play out over a longer period (more than something that just…
I think what Japan is doing is short-term positive (for use of a better term), but mid and long-term negative. I don't think the Japan play is over, but I would play it as more of a side bet than a major investment. I do own a small but fairly aggre…
Reply to @hank: Oh, I'll certainly keep posting. I think I've just said what I've had to say regarding bonds and I guess the other thing is that fixed income is just not of that much interest to me (not saying anything against it, I just don't have…
I believe this used to be the name for BB&T funds.
http://www.prweb.com/releases/2011/2/prweb8115549.htm
Solid manager, has done pretty well. There didn't seem to be other highlights under the company last I looked.
ARCNX has not done that great so far, but I like the idea of a commodity fund that's actively managed and can somewhat attempt to limit drawdowns. It doesn't have a ton of correlation (at least last I looked) to Pimco's fund. The Cohen and Steers a…
Reply to @bee: PETDX is essentially a derivative REIT index fund - as much as I really don't want to really even have the possibility of getting into the whole thing about bonds (yes, yes, they're just wonderful), I don't see how PETDX can be compar…
I think it depends on what you want. If you are looking for a multi-asset fund whose intent (and whose manager believes in the possibility of significant inflation) is to keep you ahead of inflation with less volatility and risk, I like Pimco All As…
Reply to @Charles: They stopped their tie-up with Target to sell mobile phones in their stores because it wasn't working out - I'm curious how that is massively positive. Another pair of companies will just take the place of RSH selling phones at …
I own a risk parity fund as a supporting player - you definitely do not need three somewhat different versions of this strategy. I'd keep a moderate position in one and drop the other two.
