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 would like to think that even with the political disagreements, the vast majority of MFO members can agree to disagree over a pint or wine glass at the local pub.
Well, I just spent almost 16 hours on the planes. Can't say aluminum tube since the first one was a Dreamliner. Food was good, service was excellent, the last four hours was a cacophony of crying babies. Thank God for noise canceling headphones. Eve…
It was a mild and almost non-existent winter for the Pacific NW. Other areas did not experience the harsh weather that the Northeast and Upper Midwest did. Weather is like that. One persons blizzard is another's sunshine.
Is the weather angle bein…
Getting towards the end of our time here stateside. On the subject of price increases, we paid over $7 for a small jar of Vicks Vapo-Rub. Criminy.
We fly out in the late morning tomorrow. I'll be offline for a while.
Next stop, back to Tokyo.
@heathkit makes some valid points. I would also add that the type and investing style of the fund needs to be taken into account. International type funds will have higher fees for example.
I won't prolong the cons versus proggie debate, that's for another forum. To end, I do not hold the same respect for the Buffett ;) as others do. My personal opinion. I believe that Charlie Munger is the real brains of the two.
Out.
Additionally, since this is the Apple thread for today, I went by the local Apple Store within the last hour. The display for the Apple Watch is pretty cool. Watches set in tubes with pulsating colored lights arranged like the apps on the watch face…
I'm not sure where my comments painted that kind of picture except for the White House one. Of course, the Buffet is not the only person asking and getting favors. As for the other companies, I don't track BH and I don't have any interest in it or t…
The Buffet has a army of attorneys that slice and dice the tax code to achieve their goals. It's probably legal but not possible for most citizens.
The Buffet's railroads do very well partly due to the connection he has in the White House. As for …
Boy would it be something if taxes were simpler. With the technology today, one would think they could set it up as a simple deduction each paycheck for each person's situation. A new baby for example would be figured in a couple of pay periods for …
Wealth Track is a very good online program. I have the podcast automatically downloaded each week for perusal. Consuelo was not one of my favorites on CNBC but she fits very well in this format.
All of my business news comes from Internet sources. They don't yell and turn red. There is no cheerleading atmosphere. That does not mean that all the stuff on the Internet is good. I tend to stay away from Marketwatch for example.
Business telev…
I am watching ABC news right now and the customary weather news just finished. All the news is either breaking or developing and the host is talking so fast I can't imagine that many people understanding him. The guests including the nice looking we…
I prefer the electronic versions over paper. I can keep what I want and file it in a orderly way so I can retrieve it. As for printing, the only thing I print are e-tickets for flights but those can be stored on the iPhone now. Printers and the ink…
Not only are these types of funds lacking in the small cap arena but also in the international as well. International would also include emerging markets and frontier markets.
It does make sense to spice up these funds. Merriman's advice of 40% in…
"It has to be pretty tough after achieving what he has to feel unappreciated and like you have to prove yourself all over again."
His antics and appearances of possibly being under the influence of something didn't help his case much. The highligh…
I guess she never read the manual. The band is super simple to change. There are some early glitches like the screen wake up to show the time. It's a bit slow. Software updates will fix a lot of this and I suspect those updates will be out very quic…
@scott, Exactly. I remember asking her if she had any funds and she said something along the lines that funds were boring and the big money was in stocks. Sounded like more tv speak to me. She was looking for the home runs. I hope she eventually hi…
I can vividly remember a co-worker of mine who followed Jimmy and bought SBUX after he hawked it on his show. Problem was, this was 2003 and after a year or so of gains, the stock took a big dip. It took a few years for that downtrend to reverse but…
I have always considered Cramer to be on the same page as those infomercial actors, who hawk useless stuff on the television. Buy now and we will double your order.
Some people like his high blood pressure yelling and spittle flying but it is all …
If there is anything to glean from this, it is that the Chinese love to gamble and invest. They go all in when it involves the possibility of making more money. There are a lot of new Chinese middle class and up. This has spurred their real estate m…
I haven't kept up as of late but I heard that Shanghai was in full bull mode. There might be more access to the markets now for the retail investors there.
Hong Kong is just skyrocketing at the moment.
In my ventures through the local mall, the busy stores were Apple, Forever21, Macy's (eternal sales) Nordstroms and some smaller names. Sears was a ghost town. Penny's was even worse. A lot of specialty stores had no customers. Starbucks was busy a…
Depending on what their prospectus stated before, this is a huge change. I don't own any GP funds but if I did, I would be cautious going forward. The reasoning behind such a change needs to be checked out.
A good conversation here. For my international funds, I prefer active management. The playing field is large and many funds invest in the same old half a dozen countries in Europe with some Japan thrown in. I prefer a Asia bias. Same with emerging m…
