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.
No recent USA buys- mutual funds or stocks. Added to OAKIX and SFGIX at beginning of the year. Sold WAEMX and bought GPEOX. For the short term, risky, mad, contrarian, gambling, keep things interesting money - researching junior silver, rare earth,…
Verify whether your profile calls for distributions to be re-invested in additional shares or be sent to your money market account. Have a Van rep investigate if no record of either. There will be an investigation, explanation, and resolution of the…
There are many rules to investing that must of us amateurs learn the hard way. An important one is don't fight the fed. Surprised a professional decided that the fed wanted something besides precious metals or the VIX to go down.
Two others that come to mind- EXWAX- Manning and Napier World Opportunities (somewhat of a yesterday's hero) and MSILX (Litman Gregory Master's International ) if you could negotiate a lower minimum for Augustana.
^ Agree STB65. Don't know if some of the managers think we are fully valued or have just lost a " margin of safety. (Humorous concept to think there is a margin of safety in equity markets.) At any rate, we are seeing some international large, USA l…
Own this fund and three other funds that utilize exposure to different RAFI's via derivatives for the equity portion ( USA Small Cap, International, and Emerging Market) with PIMCO managing the remaining assets for absolute return in bonds ( duratio…
Two questions as well: 1.) Could either Mr. Park or Jackson provide some detail regarding the other members of the investment advisor team- number of analysts, researchers, traders, etc. 2.) Did not read that shorting stocks is an investment strateg…
Thank you for the reminders Bob C. Reading observation # 3 and Investor's comments about it on Oct 25 reminded me of another viewpoint that one of my mentor's shared with me. If you can keep your head while those about you are losing theirs, maybe y…
Thank you for the info. Invested with him (Tradewinds Global) but sold when he left for greener pastures. Looking forward to learning about his new team and new offering. Mr. Iben was not a closet indexer and was a value guy. Hope Mr. Iben still has…
Historically a good manager. Do you know how many of his old team are joining him and if the funds will be available via "platforms" ? (Vanguard, Fidelity, etc.)
Few of us know the date that our will matures, so if you are physically able to work my investment advice is to go back to work doing something you kind of enjoy ( but at least is not drudgery.) A part or full time job reduces what will surely be a…
Agree (mostly) on the hold for equity since P/E multiple expansion may or may not occur as some seers are counting on. There are parts of the USA equity market well below the 2007-2008 bubble highs, so adding a bit to conservative and deep value man…
Agree 100% david that reducing unemployment is the main way out. I do not dislike Mr. Krugman and am sure he is a fine man. In your link above, Mr. Krugman looks at the next ten years. On September 17th our CBO reported on the unsustainability of Fe…
reply to davidrmoran: was trying to address our latest national crisis from a management rather than a political standpoint by using the terms minority/majority/President/Chief Justice rather than actual names. Shall we remain a house divided based …
Apologize for ending previous thoughts so quickly but had unexpected guests show up. To resume my thoughts, even if the political class intend to pay back the debt, the dollars will not have the same purchasing power as the Fed has a stated goal of …
With regard to US government debt obligations, name one person in our current political class in the legislative or executive branch that you think ever intends to pay back so much as a dollar of the roughly 17 trillion dollar debt.
Birinyi strikes me as trustworthy. Doesn't seem to overtly push his views but is willing to give an answer whenever he is asked (which is frequently as he has a good track record.) Doesn't mean he is right this time but I'm glad he offers his compan…
Have not read an interview as to reason for change but would not sell BPLEX unless you think the 2013 performance is a trend. Jones has been the main day to day manager and Motamed has been a senior analyst all along. My guess is this is recognition…
Thanks for the heads up Shadow. Own FMI Focus in a number of family accounts and it has been as strong as goat breath. Morningstar slots FMIOX as small blend which is true enough but not the whole story. Actually is somewhat balanced between all six…
I have a beginning position in Paramount. Paramount added to the manager team in 2011. One of the managers added oversees FPA International Value so I'm hoping his best ideas find their way into Paramount. I'm a fan of both global funds and mid cap …
Decided to use ARIVX as a " bond substitute". I trust that Eric C. will outperform bonds by varying ARIVX's cash and equity positions. Use WSCVX ( thank you MFO) for small cap value. So far so good but am ever watchful.
Interesting work and my compliments. A lot to consider even though a brief timeframe for the look back. Have owned a major position in FPACX for some time and purchased a small position in MFLDX because of this board. Both have "outsized" positions …
Columbia, Forward, and William Blair have "similar" EM smaller cap funds as well. If you really want to walk on the wild side or perhaps buy at the top, there is an offering from Driehaus.
WAFMX due to manager track record and personal stake in the fund. Also, WAFMX has greater country diversification. Another choice coming in the next few weeks will be a similar offering from Grandeur Peak.
Active managment--The closed Primecap Core ( VPCCX) if available in your plan. Otherwise consider 1.) Capital Opportunity (VHCOX), 2.) Selected Value (VASVX), and one of either Dividend Growth (VDIGX), or Equity Income (VEIPX) . All have been on tre…
First, congratuations on reaching 79 years of age. Suggest you contact one or more trusted financial advisors/accountants for their tax,estate,daily expenses, etc. advice. ( I say again trusted and especially their advice as to tax and estate impl…
Not sure of the reasons and may not be using the correct terms but here goes. Have the same incorrect portfolio results as you when using Microsoft/Explorer as my browser. Tried Google/Chrome and portfolio appeared in correct format. Have both brows…
Late to the spirited discussion . If you have followed BobC's comments through the years, you know that his instincts are to help, and not to lecture or take a political position. BobC's dispassionate comments are mostly true in my opinion as he did…
Many stars ago I used my Vanguard Brokerage account to buy my only load fund (an international small cap from Oppenheimer when there were limited choices available in the category). I had to speak with a number of people at Vangard Brokerage to make…
Hank ---CVSIX had a distribution on 3/21 according to Morningstar. (Saw unusal drop in MAPIX and MAINX that same day but was relieved to find a 3/21 distribution date listed on the Matthews web site.)
Another could be the Global Equity offering from Brown Brothers Harriman mentioned in Funds in Registration here recently. Don't know if the fund is still a possibility or not.
Tai-Pan and Noble House are two books from James Clavell that are colorful takes on the beginings of Jardine Matheson, Swire, etc. in Hong Kong. The movies are not in the same league as the books.