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 you compare AUEIX to BRK.B they are pretty close over the six years AUEIX has been in existence. But what's the point? If you want to invest like Warren, invest with Warren. I doubt the investment philosophy will change once even after the dies…
I owned one of their other funds last year and sold it, but got a totally different NAV on the transaction than I expected to the benefit of the fund. Neither Vanguard Schwab nor the fund company would give me an explanation for why the published NA…
This probably the right move for five year money but there may be a lot of pain before then. If the developed world tanks, nothing will save EM, and cheap stocks will get a lot cheaper. Cheap does not equal safe
Does anybody else have concerns about letting Yodlee ( the company that manages Personal Capital, and almost everyone else's, account aggregation services) have your passwords?
The problem I have with either Target date funds, benchmark allocations for "people your age" and recommendations is suggest to people that someone else can do the hard work for them. Most people cannot competently analyze a balance sheet but they …
I was hoping to start a discussion on the role brokerage platforms should play in their client’s investing and risk management, but apparently only re-ignited a feud. This board would be much more useful if the posts and comments were limited to su…
Pretty pathetic article. Little data, same old saws and no explanation of several funds listed. Barrons is going the way of the WSJ and all the old stalwarts of investigative journalism. It isn’t interesting that all of the sources of reliable ins…
My retirement accounts are up 0.3% My wife's are down 0.5% Our non retirement investment accounts are up 0.24% but most of the losses are in GPMCX.
We are approaching retirement, do not have pensions so will have to live on these accounts. We are…
California can certainly let PGE go bankrupt without letting it shut down. I am sure the state doesn't want to have to run a utility, but PGE could be forced to bankruptcy and sell off it's assets. this would leave the bondholders fighting over penn…
I am an ex federal employee (VA). The salaries for professionals ( who need to be recruited) are indeed low compared to civilians. The lower level staff people ( clerks etc) do better, along with a great health care plan extending into retirement if…
I too hope she has a speedy recovery. I speak from professional experience and know that CNS leaks are serious and can be fatal if they result in an infection ( which this one did not) but a good neurosurgeon can fix it without long term consequenc…
I tend to disagree Gross's lifestyle and personal decisions are unrelated to fund management, especially with someone like him, whose peccadillo's and opinions have generated so much trauma and angst for his investors in the past.
I looked at this ( and I think i owned it too ) years ago. Mathers preceded Hussman as a Perma Perma bear always complaining that the stock market was overvalued. Why he couldn't even beat a money market fund I don't know. Why he still has $8 millio…
great article on Long Short funds, David.
You have profiled several others over the years, but dont mention them in the article.
Can you list the funds that met your three criteria?
Yes I know that. His mother, a young woman without any skills, would have been rejected with the policies he now supports, unless he can implement a “whites only.. no hispanics”. Mom would get through
Who here can make the case that Trump is "Peaceful" and therefore deserving of the Nobel?
If someone held a gun to your head and forced you to do something, would that be peaceful? I am not saying that I do not wonder if Trump's "mad dog" tac…
Agree with above. Price was my first mutual fund manger ever in 1989. I stuck with them thru Mutual Series and switched to MDISX. My capital gains now are such that while I am disappointed it hasn't continue to excel, it hasn't done badly so I sell…
There are a number of problems with this book, not the least being that it apparently defines millionaire as $1,000,000 in income not assets.
You also have to individualize the high tax states as some have thriving economies and a growing tax base…
I doubt many people who use it will quit. Netflix charges $8 for the basic plan but if your kids watch at the same time it is $10.99. the Amazon movies are ok although Netflix a bit better and no extra fee ( that is the most irritating thing about …
Local currency has had a tail wind as the dollar has fallen but this may change. This fund is well diversified with 28% dollar denominated debt, although the duration of 6.3 years may be a drag as interest rates rise. A better alternative for a sma…
I think it is sad that 1) a discussion board about mutual funds somehow devolves into vitriol
2) that the majority of Americans not only don't vote (thus letting the 20 % fringe on both sides control the debate and the outcome), they are too uninte…
I have a small % of GLD as an inflation and currency hedge. I am not sure it is worth it. I do not have physical gold, as coins seem to expensive, and I can't imagine how I would be able to get my fractional bar out of some vault in NYC if the world…
I am close to retirement so my first objective is not to loose much money, given how overvalued most of everything is.
I try to group bond funds by duration, relying on M* stats ( although they are somewhat dated and unreliable)
In order of increa…
this is strange because I use chrome for M* without any of the above problems. I can't say I like the new "look" especially the apparent lack of charting for stocks, but the portfolio seems to still work.
I heard Firefox was becoming more insecure …
Facebook is largely to blame in my opinion. there have always been fringe news outlets with extreme views, but until FB those devotees largely kept to themselves.
My uncle was a deep racist, but other than a few comments about black people he rare…
need more details on your objectives. Parking some money to prevent losses? Do you need the income? How much?
Most people expect a bond fund to provide ballast and sorta go up when the market goes down. Or at least not loose a full year's income.
…
PFIUX was up and since Jan 1 has done better than PONDX. A little hard to tell why although PFIUX was heavily involved in currency positions so that may be why as dollar fell, but dollar has been up recently.
VUSFX and some other low duration low …
I do not think political diatribes have any place here. I get enough of this junk from my relatives. Instead, perhaps we could back up our "opinion" with some facts for a much needed sense of reality.
Surely the relative proportion of payday loan…
I would rather be stupid than poorer. No one ( other than my fellow MFOers) else needs to know i am stupid but if I can't retire or put my kids thru college, I will be worse than stupid.
Sure, go ahead and jump in with both feet. I am sure Ray wi…
How many funds do you have? are they standard vanilla ones or will you be interested in small funds not run by major companies?
I dont use Scottrade but left TDAmeritrade as I thought their customer service was spotty.
Fidelity is a good compro…
I looked at alternatives ( L/S, Merger, futures, even market neutral) a year or so ago, because I thought stocks and bonds were overpriced even then and cash paid so little. I came to the same conclusion about L/S funds as David but BPLSX was close…
These funds do serve a purpose but as always you have to be right twice when to get in and when to get out. Most people are not right that many times in a row.
In a taxable account with large gains, selling half of your equity position even before…
It should be obvious that the authors of this bill are only interested in paying back their campaign donors. In fact, a NY Rep admitted as much. That is why it favors capital over income, ultra rich people over the middle class corporations over ind…
Our CC info was stolen somehow long ago, so I set up an alert on all our CC so i get an email every time they are used for transactions greater than $0.01... Some days i get two or three emails a day. Big deal. 99% of the time I recognize them May…
I have never understood why people object to paying a relatively modest fee every year for Quicken. While the updates are usually not necessary, and there are many things I wish Quicken would add or do better, it takes money to run a company and $1…
