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.
The foundation is a charity. It is a philanthropic organization that gives billions to needy organizations. If the trust lost money as a result of fraud and corruption, I agree that it has the right to recovery damages just the same as if ENRON fr…
I watch AOK as a rough proxy for my allocation and it seems to take awhile to catch up to momentary levels in the market. Not enough volume to be a short term gauge perhaps?
There was a recent thread on how much index vs. managed funds many "Bogleheads" have. I was surprised to see that even among the purists, most still have some active funds in their portfolios. https://www.bogleheads.org/forum/viewtopic.php?t=15140…
I don't why or how this thread so quickly devolved into a political discussion, but the fact is that taxes have always been a method of wealth redistribution. Wealthy people make more money so they pay more to the government in order to have the gov…
Bitzer,
The short answer to your question is yes. See the following site for some recent decisions involving liability of forums and blogs for wholesale reposting of articles.
http://fairuse.stanford.edu/overview/fair-use/cases/
Glad to see Ted has returned.
On a related note, as it pertains to Ted's "offending" post, though I'm not a copyright attorney, I did study copyright law while in law school, albeit many years ago. As I understand it, a forum or blog can issue p…
According to Morningstar, the reason for the large distribution was because of massive redemptions.
"The fund had $6.6 billion in outflows in 2013, losing nearly 40% of its asset base entering the year.
Such massive outflows indirectly punctured …
Here is the justification for the headline. Duration has increased over the last year or two:
"This fund's lengthening duration owes instead to its link with its benchmark's duration, the Barclays U.S. Credit A or Better Index. Comanager John Keog…
Off the top of my head the extraction of materials from articles should be covered by the fair use doctrine.
17 U.S.C. § 107 states, in pertinent part:
[T]he fair use of a copyrighted work...for purposes such as criticism, comment, news repor…
Congratulations on your decision to exit stock picking and market timing as a mode of investment.
IMHO, you would be best served by reading a book or two on asset allocation and then deciding on an allocation which suits your goals and which take…
I wouldn't write Hussman off completely. As others have noted, he is bound to be right again at some point. As they say, even a broken clock is right twice a day. I used to be in HSTRX. Sold last year after flat performance. I continue to rea…
Even more telling is his comment later on: "Though my insistence on getting this right in the face of potential Depression-type outcomes did us no favors....."
In other words, his approach resulted in no profit, at least for the time period in que…
I am not entirely a disbeliever in the existence of a momentum, particularly since others believe it and I think its important to take into account investor behavior.
On the other hand, I have been using DAL (Janet Brown's firm) to manage my comp…
