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.
Mr Whitman helped to convince me of the value of Value investing. I stopped investing in TAVFX after he stopped being the lead Manager. I also recognize this is the danger of investing with a 'Star' Manager. One day I'll face the same thing with …
@JoJo26: It isn't patting myself on the back. During this conversation he and I have been discussing what amounts to being patient. The comment was for him and he knows my intentions were constructive.
I'd also keep the 401k. It is a good program. People choose not to use it because they don't know any better. Let's teach them. Imagine the wealth they're missing right now by not being aware.
I'm actually in agreement with davidmoran. How about taking the money already invested in SSN and invest it. The accounts would actually belong to the investors. When they die, the money should go to their descendants (SSN account). Upon Retirem…
AKREX/AKRIX: my all time favorite. Chuck Akre is a getting up there in years but he hasn't disappointed. His fund typically is called 'Growth' but he's a Value Manager.
@Simon: There are many good Value funds. I would read the quarterly reports to see if you can understand what the Manager is attempting to do. Investing in Value is counterintuitive and you have to be willing to lag the market (on the upside). T…
@mcmarasco: Please review the final days of the dotcom era. During this time the shareholders of Yacktman, FPA Crescent and other Value funds were in revolt. They were displeased because the Managers would not follow the crowd upward. Were they w…
If you aren't a purist (Value Investor), may I suggest a simple FOMO checker. I would setup a hypothetical portfolio on Morningstar. I would use Index funds divided equally between Value and Growth. Your decision point is when either becomes 5% o…
'mcmarasco', regarding hedging please remember that had you been invested in a Growth fund you would likely have to re-balance funds out, not in. Meaning you would likely add to the FMI fund, not reduce. 2018 may be another banner year, but are yo…
Thank you Catch for the thought provoking post. There are many recent issues in the world that often make me stop and think, what are we doing here (NFL). I don't agree with many posters here. Some in fact infuriate me, but I have family that imp…
