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.
Coxe Commodity Strategy (CXCMF.PK) is an option if you want to invest with him. I haven't looked into it at all, but it came up when searching for him.
Absolutely not. Tech is really not an interest of mine, although I have some in various funds. I dislike social networking immensely, but if I were to invest in tech, I'd rather invest in something smaller and more useful. I don't care for all the …
Reply to @catch22: I definitely think the Greek situation will not end well - and possibly not end well for anyone involved. However, I suppose at this point I can't see as to how this should come as a surprise to any market participants. This has b…
Midwestern Winters - I think - don't seem nearly as consistently bad as they were 17-25 years ago. This Winter has seemed positively pleasant in comparison to the Winters that I remember growing up with. I'm not saying global warming necessarily, bu…
Reply to @catch22: I'm definitely not worried. :) The book value is (at last report and if entirely accurate) over $2, the share price is slightly above a quarter. It either goes under, or value is unlocked somehow. Just an extremely distressed lott…
No, the (potentially) stupidest investment of the week is one I made: http://www.dolphinci.com/#home
Property fund with lotsa pretty real estate in Greece and Cyprus.
However, at less than the cost of a newspaper per share, I couldn't resist buyi…
Reply to @bee: Jardine is a majority owner of a bunch of companies, including Mandarin Oriental Hotels and Dairy Farm. Dairy Farm (which is an retail conglomerate) is - I think - particularly interesting both from a conservative, consumer staples-y …
Reply to @MaxBialystock: Ah. I own a little bit left of it, but I haven't looked at the details on the website in two or three years. One of the few funds that I don't feel the need to watch more closely.
I don't have any direct investment in China; I like Asia, but would really keep to general Asia-region investments. My main Asian investment is Jardine Matheson (not a fund, specific stock and therefore, of course, stock-specific risk.) I am startin…
I believe the new Doubleline Opportunistic Credit closed end fund (DBL symbol) begins trading today. If the Doubleline funds aren't at your brokerage, this would be a traded option to look into - I believe this will be a global, multi-manager fund, …
Reply to @claimui: Unfortunately, there is no way to invest very specifically in real estate sort of in the way that one can invest directly in commodities instead of commodity companies (not an exact comparison, but you get the idea.)
There are so…
Reply to @Old_Joe: "Duck Tales" was part of the last great era of Saturday Morning Cartoons (or the last era really, it doesn't seem like there's much Saturday Morning programming for kids anymore, aside from hyperactive nonsense).
"Tales", which w…
Reply to @Old_Joe: Certainly, and taking some off the table is understandable. Just irritated at the lack of cash alternatives. Paypal apparently now has a Microlending (http://en.wikipedia.org/wiki/MicroPlace) site that provides a yield, but I have…
Maybe I should go to the bank and get a CD, which pays 0.000000000001%. I remember I had an ING 6MO CD around '08 that paid 4.5%. The CDs I'm seeing are not even worth the trip to the bank (and some are not even advertising/posting short-term CD ra…
There was an article (can't find it now), where the peak in buybacks in 2008 were also near the peak in the market. I'd be more interested in dividends (not hard/fast rules - I'd be interested in buybacks if I had considerable confidence in manageme…
Interesting history on Perkins. I do like their funds and think they are one of the few positives on Janus. I own a little of the new Perkins Select Value.
Additionally, the much written about Nakoma Absolute Return (NARFX) recently was taken over …
Reply to @kevindow: JSHLY has thankfully become a bit more heavily traded, although it remains interesting to see things that are so heavily traded in various foreign markets get so little interest in the US market (Genting Singapore - which I don't…
Reply to @Old_Joe: Eh, it just winds up with the same variations on the same arguments and snippy statements. Politics seem like the new religion in this country - people get more offended it seems like if you insult their political party (I've be…
Reply to @rono: Completely in agreement. As I've said before, real assets are going to be the place to be - from miners (which have started to take off), to infrastructure (while it's run up a bit too much recently, I continue to like Brookfield Inf…
Reply to @PopTart: Also about 5% from a small position in DWGOX (Dynamic Gold/Prec Metals.) GDXJ (jr Gold Miner ETF) - which I don't have - was up something like 7.6%.
Added (which I forgot to do the other day): Comments from 2/27/11 from Faber.
"I think we are all doomed. I think what will happen is that we are in the midst of a kind of a crack-up boom that is not sustainable, that eventually the economy will d…
Reply to @kevindow: Thankfully, Jardine continues to hold up nicely, although I just continue to regard it as a very long-term hold (although I will not be adding any more to it at this point.) Otherwise, DEM/DGS are newer EM holdings for me, as is …
I'm more interested in the Rivernorth CEF, but thank you for posting. I'd be curious as to how much this CEF will be similar to the opportunistic portion of the Rivernorth/Doubleline Strategic Mutual fund.
Bill Gross' Explains The FOMC Decision: "QE 2.5 Today, QE 3, 4, 5 … Lie Ahead"
- Additionally, Gross mentions financial repression and doesn't see a rise in rates for three years (at least.)
http://www.zerohedge.com/news/bill-gross-explains-fomc-dec…
You can bet on the VIX/Volatility using all manner of VIX ETFs, but I wouldn't recommend it. (there's even a VIX-hedged S&P 500 ETF, I believe.) I definitely wouldn't use the ETNs.
You can also use the short mutual funds/ETFs, something that I'…
"Perhaps you regret not having the heavy entry fee to buy into a pure Hedge Fund."
There are feeder funds in the London market (as well as all manner of alternative/private investments), as well as roundabout methods (Greenlight RE being a main exa…
Reply to @Old_Joe: ""On Monday, IMF chief Christine Lagarde warned the global economy could fall into an economic spiral reminiscent of the 1930s unless action was taken on the eurozone crisis."
Hmmmm... what action is probably going to be taken? :…
Jean-Marie Eveillard: "We Are Headed For Enormous Inflation"
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/1/23_Eveillard_-_We_are_Headed_for_Enormous_Inflation_&_Higher_Gold.html
From an inflationary standpoint, Faber has been saying for a bit that those who hold stocks through this period will fare better than those with bonds.
Reply to @Kenster1_GlobalValue: EMF - I think - has done well because it's less aggressive (and I'm guessing - haven't looked in detail - probably more consistent) than his other funds, including top 10 holdings in PT Astra International and Dairy F…
Howard Stern (several minutes) angry/ranting about the stock market/investing (warning: lots of cursing.) No surprise he's upset with Sirius stock, but otherwise still amusing.
1. He looks like an old-fashioned Bond villain, thus I have previously called him "BRICFinger."
2. His mutual funds are extremely aggressive - if it's a good year for EM, the funds will likely do well. If it's not, they are going to be at the botto…
I would guess that Eddie Lampert, who owns (and whose hedge fund owns) - I believe - the majority of the company would somehow be involved in taking it private. However, I guess my curiosity is, in the state the company is in, take it private ... th…
