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 am keeping equities to close to 25% my minimum and am selling YCGEX and increasing exposure to AEDAX and MAINX and GLD
Eventually the far better control of Covid in Europe has to be reflected in their economies and as the US Dollar weakens, Emer…
I have discovered a wonderful daily blog on politics from a BU professor Heather Cox Richardson
Letters from an American Short concise with links to document everything she reports.
https://heathercoxrichardson.substack.com/about
https://heather…
https://jamanetwork.com/journals/jama/fullarticle/2769034
Strong correlation between early school closings and decreased cases and deaths.
But WH has already said "science doesn't matter" in the decision
I thought you were referring to the poor NYC woman who died in the first recorded great white shark death in Maine last weekend.
No one has died in Massachusetts since 2018 but they closed the same Cape Cod beach two days in a row this week beca…
I probably have more complexity than most but my wife and I have had many different jobs with their associated different type of retirement accounts. Nor do I trust any one broker so we have stuck with Vanguard Schwab and Fidelity. Vanguard is beco…
Give poor Mnuchin a break. If you made the mistake of marrying this trophy wife the second time around, you would be dialing for all the dollars you could get.
https://www.dailymail.co.uk/femail/article-8153611/Steve-Mnuchins-wife-Louise-Linton-l…
All rather useless speculation and panic. Having known many high ranking military folks ( Colonel and above), I am confident that they love their country and the democracy and while they will tell you they will follow "legitimate" Presidential order…
The Fed is stuck between a rock and a hard spot. The only way to get rid of all this debt is to inflate our way out, but when that happens, the interest payments on the debt go thru the roof. Better hope the economy picks up, but if it does higher…
https://covidactnow.org/us/tx?s=61189
This is a great site with statistics on each state and county's cases. test positivity rate, ICU beds and case tracking rate ( first time I have seen that )
Look at difference between CA and NY MA and CT, …
he still has $1,000,000,000 ???
The only manger I know who was worse is Henry Van der Eb who ran the Mathers fund. He nailed Black Monday and then sat in cash forever after
I have read all of Swenson's books ie "Pioneering Portfolio Management" and worked very hard at trying to find funds or ETFs that could possibly duplicate his "private equity" and absolute returns and venture capital.
In a word there is no retail …
@old_skeet
How well I remember Senator Ervin and how proud am I to say I am a Texan, like the other superstar of Watergate, Barbara Jordan.
As a Black Woman she had every reason to echo Lewis Braham's sentiments above. But instead she said
"…
Wow I am glad I have a reputation as an expert, but while I am a doctor, and am fairly knowledgeable about statistics and epidemiology and clinical medicine, I am not an immunologist. What I know of vaccines comes from medical school ( 1978) and 40…
I think IV is implied volatility
The bottom line is this is one of the most volatile markets in history . As option prices include volatility measurements, I think this means you could loose your shirt!
@FD100
you may have told us before but how do you avoid redemption fees on some of these funds?
Congratulations on establishing your system that seems to work almost all the time. How much work does it take to evaluate incoming data daily or hourl…
Red state governors do not want to list hospitalization or % positive tests as it allows them to attribute increasing cases to more testing. However hospitalizations and % positive are all going up in Texas Florida
The market is running on fumes, hoping that 4 Qtr 2020 or at worse 2021 earnings are back to pre covid levels. Powell said they will not be, as he does not expect economy to recover until at least late 2021
Wow I am going to have to print this out and go over it line by line to see what I missed
1) Financial publications Barrons A shadow of its former self after the Murdoch took over but still the best around ( this just means that everybody else ha…
somewhat simplistic article but maybe people need reminding that companies have to pay dividends out of something. Buying companies with long dividend history is a simple way of insuring that they have profits and money in the bank, assuming they a…
Seventy plus percent of trades are driven by "algos" and are short term. They are run by people whose careers are on the line if they do not beat the market every quarter (Jeremy Grantham's "career risk"). Any positive headline or a data point that…
Unlike some other commentators, I take you at your word with these results, but they are little assistance without better understanding of your methodology.
Would you mind reviewing again what parameters you monitor, the frequency and how you make …
two rather different reports
Is this a preview of what happens when Drump looses the election?
https://www.nytimes.com/2020/06/02/us/politics/trump-law-enforcement-protests.html
The Washington Post seems to have a different story
https://www.…
It should be obvious to all peace loving protesters that they need to do all of their marching and chanting in the daylight and go home for supper and stay there. There will be another day, tomorrow, but not if you are shot. Unfortunately there is …
Thanks for the summary. You have to have faith or perseverance and assume that even with Covid damage, EM will either not drop much or if it does it will come back before you need your capital back.
A similar response seems to be the mantra of e…
as FAANG has beaten everything else, people who tried to apply their "rational" principles have lost out. This is why diversification is important, but folks who remain flexible and can invest in stocks like that rather than stick to fixed rules d…
GMO has been saying EM will out preform for years.. Eventually by the roll of the dice they will be right I guess. I think they base a lot of their opinion on valuations. This outpreformance may eventually be is true but the only thing Brazil is ou…
If you read the entire article it indicates the CDC estimates were done with no data and not accepted by epidemiologists and are completely out of line wit other countries
Anyone who lives in the NE or other hard hit urban areas knows this is not t…
@old_Skeet
Thanks for the suggestion. Active funds make much more sense than commodity indexes, as most of the latter are just oil funds.
you will love this
http://si.wsj.net/public/resources/images/B3-GU051_Dshot_NS_20200528050335.pnp
Chart …
All of the covid articles at Science and the New England Journal of Medicine are free. If you can understand a mutual fund prospectus you can read the scientific literature!
I find it fascinating that some people refuse to consider vaccines because they are made by "big pharma" but probably do at least one of the following: buy groceries sold by "big agg" eat steak from "big beef" fly on airplanes run by "big airlines" …
Vanguard has had an increasingly mixed record with support snafus, mistakes and transparency issues. Their claim the "you own Vanguard" is a sham, as investors really dont have control over anything
@Old_Skeet
Temping isn't it? I looked at Commodity funds extensively a while back after Barrons profiled Rene Hauergerud who runs SPCAX and SPCIX
Most Commodity funds are so heavily weighted to energy and oil I decided I would be would be bett…
@LewisBratham
In theory Closed End funds should be able to accomplish the same thing.
do you think CE funds can dodge the liquidity issue? I have had difficulty finding CE funds that are only high quality bonds and without much leverage
