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.
Brazil Disappointing Now, But Not For Long
http://www.forbes.com/sites/kenrapoza/2012/05/25/brazil-disappointing-now-but-not-for-long/
"For investors that can afford to ignore the short term technical indicators, those are the Brazilian fundamenta…
Some of your average Americans trying their luck with Facebook stock....
http://www.bloomberg.com/news/2012-05-24/facebook-investor-spending-month-s-salary-exposes-hype.html
Facebook Investor Spending Month’s Salary Exposes Hype
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Reply to @Sven: "Bill Nygren has admitted to his past mistakes in the public (annual reports) and that is rare."
--- Yes but he just can't catch a break. Still known for his Wamu disaster he also made a case for Best Buy which he reported I think …
Guys - don't get me wrong, this isn't a call to overweight Stocks right now or immediately.
Yes, computers are investing for the next 30 nanoseconds but the point is to try to hold your stock/bond balance within reasonable range. If you're say an …
On a related EM note:
BlackRock Sees Vale as Best Stock in Brazil on Weaker Real
http://www.bloomberg.com/news/2012-05-22/blackrock-says-vale-is-most-obvious-stock-to-buy-in-brazil.html
Vale SA (VALE3), the world’s largest iron-ore producer, is t…
I guess some retail investors who bought in early missed this memo?
http://www.marketwatch.com/story/morgan-stanley-cut-facebook-view-before-iporeport-2012-05-22
NEW YORK (MarketWatch) -- The consumer Internet analyst at Morgan Stanley, the lead u…
Reply to @Sven: Sorry, I was actually speaking with a tongue-in-check. I didn't seriously mean to compare FB to say Apple (and they are also very different from a stock valuation perspective - PE 100 versus PE 14).
Poking fun at the idea that FB …
Reply to @scott: But hey why not right? Didn't Apple and Google surge to over $500 a share? LOL.
Is everyone saying that Facebook won't monetize and dominate the new future of global social & marketing advertising genre - so to speak - and n…
http://www.reuters.com/article/2012/05/18/us-facebook-idUSBRE84G14Q20120518
(Reuters) - For a company that is dramatically upending business strategies and social relationships around the world, Facebook Inc made a surprisingly modest debut on the …
One more thing about CVY that I got reminded about from an M* user --- one of the reasons why it doesn't have a tremendous record as noted is because CVY used to be called the "Claymore Yield Hog" ETF and was heavily stock-oriented. It got battered…
Yes, that's true about HGI and CVY - although I should mention that both are quite stock heavy - so there's definitely wide variances of allocations in this category whereby some are much more stock heavy and some have low stock allocations. These …
Reply to @BobC: Bob, I agree - that's a good one that I own too.
Arnott April 2012 Commentary on All Asset
http://investments.pimco.com/insights/External Documents/Arnott_on_All_Asset_April_2012_PCAAA001.pdf
Reply to @scott: Yes after 1979 I believe stocks were still under pressure for 2-3 more years before it started to kickup sometime in the early 80's.
I'm not saying that the current dislike for stocks is a time right now to be ripe for overweightin…
http://www.roycefunds.com/news/contrarian/2012/0515-the-great-divide-company-fundamentals-versus-macroeconomics.asp
Excerpts:
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A recent headline in USA Today caught our attention - "Invest in Stocks? Forget About It." The article included the…
Despite the more heavy regulations in the Canadian Banking system - here's their 10 year annualized performance:
Bank of Nova Scotia: 14.20%
Royal Bank of Canada: 13.96%
Canadian Imperial Bank of Commerce: 11.15%
Toronto-Dominion Bank: 14.05%
B…
Not a high-dividend fund but a high quality-dividend growth focused fund that can offer higher dividend growth versus higher yield.....is VIG. VIG is packed with a high concentration of wide-moat companies.
M* assessment on VIG:
"In mid-Novemb…
Not a dividend-focused fund but ACWV (iShares MSCI All Country World Minimum Volatility Index Fund) gives global access to lower volatility stocks and it tends to gravitate towards the higher-quality dividend payers. Current SEC yield is 3.80%.
To…
But let's not forget that Buffett/Berkshire continues to invest in Banks including even more recent money added to Wells Fargo. Berkshire as well as numerous quality value funds such as ARTGX team have been buying Bank of New York Mellon.
The like…
China Growth Seen at 13-Year Low by Pimco
http://www.bloomberg.com/news/2012-05-14/china-growth-seen-at-13-year-low-by-pimco.html
China’s slowdown may deepen as policy makers unwind the excesses of a record credit boom while only gradually increa…
Jeffrey Gundlach, Bond Savant
http://www.businessweek.com/articles/2012-05-10/jeffrey-gundlach-bond-savant
He dives into why he alone can trounce the competition in bond funds. "I can still do about 7 percent in a world of 2 percent," he says. "Yo…
Here's what happened...blame it on one of their traders nicknamed the "London Whale."
http://www.marketwatch.com/story/stock-futures-sunk-by-london-whale-2012-05-11?pagenumber=1
The trading losses, revealed by Dimon in a surprise conference call a…
Canadians Dominate World’s 10 Strongest Banks
http://www.bloomberg.com/news/2012-05-02/canadians-dominate-world-s-10-strongest-banks.html
Canadian banks invoke their strong capital levels, the country’s conservative lending culture and strict regu…
Scott - I assume you won't be loading up on Spain's Banco Santander (STD) shares anytime soon? :-)
By the way, Cisco also slid down more than 10% today.
And Singapore is a very business-friendly environment too.
It's the new global reality and that situation could hit any one of us one day too (with our employer).
Reply to @scott: Hey Scott - no I didn't mean to imply that you were worried about the short-term performance. I just meant to refer to the part about the high asia exposure as you pointed out the link to where Andrew addressed that topic.
The res…
Yes Scott as you pointed out - Andrew Foster knew that the heavy Asia exposure would come up and he addressed that question. So in current form it has a similar exposure to MACSX with a bit of exposure outside of Asia for the time being. And as An…
Reply to @andrei: Yup and Edward Studzinski retired as well making Clyde McGregor the solo manager of OAKBX. Clyde's turn to retire may be just around the corner --- I dunno if he'll stay another year or 10 years.
I'm also a fan and investor of ARTGX which is also one of David Snowball's "Stars in the Shadow." But note that ARTGX isn't a broad global fund so don't think that it's the type of global fund that will give you diversified exposure across develope…
