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.
If all IBIT has to do for redemptions is sell shares to market maker who then sells bitcoin, I dont think there would ever be any distributions.
havent checked but has GLD ever had distribution?
While neither CVS or Walgreens is doing a good job, the people in our CVS here are a lot friendlier and functional.
Glad my pharmacist friend sold out to one of them years ago
Interesting re Israeli AI firm. I guess the IDF wasn't using them Oct 7th?
I am always bemused bu the multiple attempts over the years to replace MDs and their diagnoses.
AI may very well be able to read X rays and EKGs better than humans, but if …
I dropped Bloomberg a year ago as I ddint think it was worth over $300. Just re upped at $139 price but I am not sure I will keep it. Has breaking news but agree articles not as detailed as WSJ or Barrons
WSJ articles clearly the best but not lik…
I always used either MERFX or ARBFX. They always claimed a steady ride, but both blew up in July 2021 when one heavy position blew up. I can't remember which.
EMAYX far more volatile . I have never been able to tolerate Gabelli's self promotions…
I think the biggest advantage for us is the less frequent capital gains and lower fees. Firms realize they may get left behind, and I assume GMO now has $1 Billion more assets than they did before, as it is unlikely the ETFs cannibalized their high …
There is an argument that anything that the government cannot produce more of effortlessly, even Tulips, is better than Fiat currencies.
This presupposes you can get someone else to accept it as "money" and it is safe, not easily stolen and it will…
I am very impressed with a lot of the Brown Advisory Funds, in addition to David's favorite BAFWX ( Sustainable Growth)
BVALX is a very good Value fund
BAFLX Global Large Stock
BAFHX Europe
Their Bond funds are not as good but rarely awful
And his attorney general believes in (his) states rights but will sue any other state that gets in his way.
I never thought they were Republicans, they are ideologues and dictators
If the deadly performance of the Texas electric grid " not connect…
greed
What is interesting is there is sometime a 50 cent price differential here on Cape between stations 10 miles apart.
Some people drive 45 miles to Costco but won't drive 10 miles to save $10
What bothers me the most is the local station bumping their prices overnight when the price of crude oil goes up. Their gas in the grounds is the same gas as yesterday
I am not sure if M* can be considered a crappy company because we individual investors, who supported them for years now are being dismissed as not worth the trouble.
What we don't know is the response institutional and advisor customers are gettin…
It was working yesterday but certainly not today
I had trouble a couple of weeks ago downloading a csv file into legacy, and they responded with the information I needed to fix it. It doesn't help without legacy because the new portfolio manger wil…
I have owned GRID DLDRX GRHAX/GRHIX CCJ etc for several years.
I believe the way to "play" the climate change issues is industrial stocks needed for the grid.
Even "Climate change is bunk" people agree our Grid is a disaster. More storm and fires…
more details
What appears to be not working is the ability to download an an excel file into portfolio manager either legacy or their new investor. They still have not created a button to add holdings to watch lists by any method other than manuall…
Quick check shows them both trading at sizable premium ( 10 to 20%) and in low volumes ($400,000 average a day at Schwab ) The web site stops listing performance data in 2023 with other data dead in the water after 3/31/2024
https://www.barings.co…
There is a good case to be made for higher or at least not lower inflation ahead. But it is almost impossible to predict. We generals always fight the last war, and many remember the bond bloodbath in 2022 as rates shot upward. BUT rates started a…
@BaluBalu
At least as a list the article is helpful, but like all of M* it just "Rounds up the usual suspects". It is too bad they settle for such mediocre reporting
GMOI looks to be a close clone of GTMIX GMO International Value which trails the MSCI World ex USA Value index by a bit
GLTI is close but not a clone of GMOIX which has been a pretty good Foreign value fund
GMOV is fairly close to UUDAX but has 5…
From the web page
" A non-diversified, non-traded, closed-end management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940 "
It lists minimum income requirements…
But none of the credit vehicles are available except through an advisor; some are interval funds and some do not even trade publicly. If I remember Oaktree was bought by Brookfield, a firm much more focused on real estate and renewables. It looks li…
I owned GLD in the past and SGOL now, but do not remember how any gains were characterized by Schwab. I am not sure Schwab has a separate "28%" capital gain section
I tend to buy active and unconstrained bond funds and let the manager decide what the credit risk is, but I am sure a lot of unsuspecting people will be sold a bill of goods when the "private credit" ETFs come out
Things that look revolutionary can be very hard to invest in. Many people must have looked at the Wright Bros success and figured airplanes would be a great way to make money. I an sure people made money in Boeing, GE etc, but not in airlines unle…
I have spent my entire tax paying life in states that constantly send far more money to DC then we get in return and ones that show up here as having minimal transfer income.
It is galling to have folks whose communities already receive massive tra…
I also own NLR CCJ and GRID. I am a bit suspicious of SMR as their first project sorta died. It seems obvious if this country has run small nuclear reactors on submarines and large surface ships, we can design and rum small reactors for Data farms…
last week I bought a few thousand SMR and OKLO to increase my nuclear energy investments.
WOW up 75%!!! Unfortunately the "few thousand " was dollars, not shares
@junkster
Do you carry an ERB? ( Emergency Response Beacon)Our daughter-in-law insisted we take one when we went on our wilderness canoe trip. It would have taken at least two days to get out and get help; even when we got to the car we were 20 m…
I bought in in Feb and am up about 10% It seems to be doing about as well as many other Value funds ,although VTV is ahead. Among the other actively managed value funds I follow or use are pretty much 100% invested, so MRFOX 25% cash makes their re…
