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That is not unexpected, as they were a great source of mutual fund advice when they first started, for a very reasonable fee. Several years ago they stopped publishing their NLFA newsletter and the only way you could get their advice was paying a …
I am sorry you are stuck in this situation. After IOFIX we found out that "fair value pricing" was fair until it was not. I posted several years ago about selling MXBIX at one NAV and receiving another when the cash arrived.
This seems like fraud…
I tried Tax Cut once several years ago. Very hard to use. Turbo Tax is pretty easy and fairly cheap. Every time I tried a CPA they made a huge mistake. Just sent in daughter's return to both feds and state Both accepted it so I assume all of the u…
this tread seems to be wandering off the title, but here is a good reason to question Grantham's advice. I love his pieces and read them regularly, but he has been wrong for a long time
https://www.advisorperspectives.com/articles/2021/02/15/the-c…
Taking reports of side effects now the vaccines have been given to over 40 million people is fraught with difficulty, as there is no longer a placebo group to compare to. Anyone who has a serious medical problem after the vaccine will likely be re…
Up TO DATE is probably the best single source for updated medical information available to health care professionals. It is not cheap ($350 a year) but it is peer reviewed and edited by top academic physicians, many of them from Hopkins, Harvard, Y…
I find it fascinating that a large segment of the population is desperate to get vaccinated, but there are people who apparently fear side effects, which have generally been minimal and well tolerated, especially in older people.
The delays in vacc…
I spent a lot of time a couple years ago looking at this issue. the funds that track various indices are pretty heavily in energy, especially oil. I decided that if I wanted to invest this heavily in oil, I could buy individual stocks or an energy …
I dont know if you can access this page from Bloomberg without a subscription but it addresses the equity duration issue less comprehensively in the context of bond duration as well
https://www.bloomberg.com/news/articles/2021-02-06/danger-lurks-in…
the main morningstar page dropped the "purchase" tab long ago, but this one still gives that information. You have to manually change the Fund symbol. Not clear how old purchase info is
http://financials.morningstar.com/fund/purchase-info.html?t=IT…
Wasn't it FD100 who said VXX over 30 get ready, over 35 start selling, over 40 RUN !!
What about on the downside?
I love Grantham's letters and long discussions of what the rational thing to do is. But the market is not rational. If it were all…
I have been a Baron's shareholder for years, although I never went to his shareholder events every year where some Mega star shows up. Having said that I got nervous when his kids started showing up as fund mangers, and left five or ten years ago.…
There is a big difference between ARKF ( which has no banks but is almost all internet "finances" ie things like Zillow) and a bank ETF like KBE ( big banks) or KRE (regionals). The latter might be more sensitive to Covid economic effects as lendi…
I had rather large positions in ARBIX and MERFX. I never lost much money but never made much either. Over last 15 years MERFX has paid out about 10% in income and the share price is up 25% Over a fifteen year period that's not much
There is no mag…
I also gave up on the boys at Tweedy several years ago. Their yearly reports are well worth reading but as they continue to under preform I decided that they were stuck in a rut
The beginning of the end started when they sold the firm to a manager,…
I dont mind staying diligent. I also have a "bling" index... When articles appear talking about your managers coin collection ( Michael Price mutual series I think) real estate private jet, or his pictures show him well tanned in the winter with …
This entertaining to say the least. Didn't Bruce also tank on Wash Mutual? As I remember he lost millions but refused to concede.
Joins a long list of mangers who start believing themselves to be omnificent and won't listen to reason or sensible …
Hope you are doing well!
I am glad to inform the our team has fixed the reported issue. Please check at your convenience and let us know.
We appreciate both your time and patience!!!
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From M* support
“Hope you are doing well.
I apologize for the wrong choice of words.
What I meant was that the issue you highlighted as effected all Morningstar users.
As informed this is been taken has a high priority case .
Best regards,”
I cleared out everything on Chrome Still doesn't work
M* at least responded to my support email but no resolution. Obviously they care little about their earliest most loyal customers
@catch22 your link shows none of the portfolio holdings using
Google Chrome is up to date
Version 87.0.4280.88 (Official Build) (64-bit)
Tried clearing cache No difference
Older view works
Nope the holdings are no longer listed. Changing browser doesn't help. Same on Chrome, Firefox or safari. Still list individual securities in "Stock intersection" on Portfolio Xray, but this is not the same thing. If you set up a dummy portfolio w…
I too want to thank you for all your hard work and interesting ideas. As a recent retiree I am concerned about the potential for significant losses early in retirement that will never be made up, having lived through 1974 and later bear markets. Ma…
I agree. Fuss does great interviews, always seems very smart but I have never made much money in any of his bond funds since the mid 1990s, and their volatility is the poster child for "stomach churning"
As the one of the few places not part of the market's current irrational exuberance, and where there is "blood in the streets" it is time to buy oil and nat gas.
Unless you believe ( incorrectly ) that no one will ever again fly in an airplane, d…
The other major difference with Berkshire is Warren invests the float from the insurance premiums, so he has already source of "free cash". Borrowing or leveraging with preferred shares is the only way an CEF or ETF could do this.
The only downside…
when you have described your strategy in the past, I don't remember you mentioning automatic "sell" criteria based on VIX. Do you follow it daily or weekly? What determines the % you sell?
Well that explains why VCOBX lost over 6.8% at the bottom and even 4% from first of March to the bottom, but can claim it's "maximal drawdown" is only 0.8% for the two months.
It seems somewhat disingenuous to limit the calculations to a month to m…
But if the statistic really is the biggest drop during any period of time it will not matter if you pick the last 12 months, the first six months of the year or the exact time the market crashed ( Stocks 2/19 to 3/20) Bonds (3/6 to 3/25)
I found this very useful, but the yields now on almost all the funds are much lower now. I also looked the drawdowns this year based on M* charts. VBISX dropped 1.9% in March, but MFO max DD is listed as only 0.1.
Does anyone know why? This was w…
@derf
This takes an hour and has no specific names, ( other than mutual fund these guys run GRHAX) but they compare the current values in energy to "death of Equities" BusinessWeek cover 1981, Gold etc..
https://thefelderreport.com/2020/10/07/lei…
