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.
I think they dumped the strategy for individuals years ago. They have slowly dismantled almost everything.
You have to assume they have focused on advisors and large firms. Almost every brokerage house buys their stock research to provide an "alte…
Few star managers can make the transition to a team much less assume it will be your kid.
Michael Price is another example of a one man show that became problematic after he left.
Another example is Albert Nicholas who ran the Nicholas Fund.
Acc…
Found the Fidelity Portfolio Analysis tool.
It is pretty good, although it does not have all the results in one page like X ray (although with Xray still have to click through to see details
Unfortunately to add an outside account you have to do i…
I just sent this to M* JOE
HI
I have been a Morningstar subscriber for decades but have been very disappointed in the gradual elimination of services vital to individual investors.
Portfolio X-ray and the ability to download my portfolios from a …
let's hope, Yogi
It is the only thing I find useful at M*. They have me on auto renew so I hope they make it clear before they "auto renew me" next year
I don't know of another portfolio manager that combines industry sector, allocations, country…
@hank
Of course, as soon as I increase my equity exposure substantially the markets will crash.
Those of you who have been heavily invested in equities recently and enjoyed the run up, you have my low allocation to thank!
I am risk adverse by nature, but without a pension ( except SS) I knew my wife and I would have to depend on our investments for living expenses, vacations weddings etc when we retired.
Much of what I read pointed out that retiring into a multi ye…
@LewisBraham
Thanks for sharing that article. While the investing take home points focus on inflation and a good description of what is at work, what will stick in my mind longer is how some people are more concerned with being in charge or on top…
Getting back to the forces at work driving inflation
1) Corporations have much better on time data and can raise prices quickly to protect and even increase profit margins
2) there are still something like 2 or 3 million "missing workers" who hav…
I resent these efforts to force people to stop all paper statements. Some firms do allow selective paper statements, and I continue to insist on tax forms on paper.
I find it almost impossible to scroll though a pdf of a 1099B and find what I nee…
@davidrmoran
If they only would appoint us co-budget czars with absolute control over deciding which sacred Ox was to be gored and which Billionaires would loose most, the country would be in a lot better place.
Anybody figured out how much he lost when SVB stock went to zero? Millions, but he obviously sold millions first.
Gee I knew interest rates were going higher in 2022, and I sold LT bonds and bought ST ones.
When was the first post here about the …
Poked around for a few minutes. Biggest link seems to be to M* “Pitchbook” a database of private equity and start ups.
The rest of what I found is link to their “Sustainability Initiative”
Doesn't seem to have many specific ideas.
The overlap tool is useful.
I tried to find one for mutual funds but on google the only ones that popped up where either foreign site for funds in other countries, or funds in same family.
too bad M* has abandoned individual investors
Very good analysis of massive benefits Middle and upper classes get from the government, while the poor get blamed for being lazy.
Reducing the deficit will certain gore someone's sacred ox
https://www.nybooks.com/articles/2023/04/20/the-high-cos…
@davidrmoran
Yes I played the WaPo game once through quickly. I shaved off 6 billion without cutting defense, mainly by increasing taxes on wealthy. Unfortunately the game would not let you really get into the weeds where all the savings is.
The…
State budgets have to follow the rules of economics, because they cannot print money. CT was running neck and neck with IL for the most indebted state
consequently, taxes went way up, real estate shriveled ( housing prices were flat from 1987 to …
I increased my position in RHPIX but sold everything else last year when they all were down 4 to 5%, thus avoiding worse losses. I did jump into OSTIX again a month or so again. I have had a position in it off and on over the years
I figure they …
Don't confuse the GOP with facts!
Sure, erase the new IRS funding, so my family will wait decades ( instead of two plus years and counting) for the refund of thousands of dollars the IRS owes my deceased Mother's estate.
Only since "the Bolshie" i…
@mark
Congratulations! I hope my wife and I will be that lucky.
I am 71 so my kids need to get moving!
My son is getting married May 27, so at least things are going in the right direction!
@hondo
States cannot print their own currency so by definition they pay for their budgets by either taxes or selling bonds. Sell too many and interest rate required goes up, putting limit on debt
@msf
Thank you for the details. Very informative…
The Tribe article in NYT is very informative and makes a strong case that in fact it is the debt ceiling law that is unconstitutional, and the 14th gives Biden a clear reasonable and legal way to ignore the crazies.
Not only can the US debt "not be…
@rforno
"The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."
I would assume the pro…
@rforno
I think that applies to less than a majority of the GOP, maybe 20%. They hold influence because only 50% of people bother to vote
When your bank closes and the ATM is empty and your SS check doesn't arrive, I suspect people will notice.
…
@lewisBraham
I agree if these drugs prevented NH admissions they might be cost effective, but the limited data so far is that they only slow cognitive decline, not stop it. $100,000 is the approximate costs for private pay but most dementia patient…
Certainly if every Alzheimer's patient on Medicare in the US received this drug, Medicare would be bankrupt very quickly. Part B premiums increased 14% in anticipation of the costs of Anduhelm two years ago, before CMS and FDA wisely decided to l…
I was personally affected when in 2015 Prospect Medical Holdings ( owned by Leonard Green a PE firm) bought our CT hospital after two previous publicly traded companies "suitors" ( hoping to buy both hospitals in town) had been chased off by the lef…
I think money does weird things to your values. The more you have the more you want. At some high point the total amount of money you have becomes very important, you think you deserve it, and you fight to protect it.
“It is difficult to get a ma…
@rono
NYT or WaPo just did a long article about your county
Led by Evangelical Christian trying to replace Health department with an HVAC saleman.
The article did not mention the turnout in the election they won. Do you know what it was?
Makes you wonder if his funding the Templeton Religion prize was just window dressing
from Wikopedia
"The Templeton Prize is an annual award granted to a living person, in the estimation of the judges, "whose exemplary achievements advance Sir Joh…
I have read several commentators claiming that it failed because they did not build a flame diversion trench or sound absorption system, because it would have taken several years and much $$$. Consequently the massive rocket dug a 30 foot deep hole…
