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@Dex: MJG doesn't need bonds, because his pension and SS are fixed income investments. what he is missing is equities, so his personal investments are all equities.
for the rest of us, who no longer have the "defined benefit" pension plan, the allo…
@bee. you probably know that the Fed is tapering their purchases of Treasuries at the rate of 10billion a quarter to end all purchases by the end of the current year. so long-term rates will again be subject to growth and inflation expectations, w…
margin accounts are priced off the fed rate, so they will stay low for a while. debit balances (i assume that's what you mean by 'margin accounts') are being tracked and have been as of the week ago most elevated since 2007. so the current correct…
all good, catch, glad to hear you're continuing with your proven movements. i don't do momentum or even slow momentum investing, but staying diversified has helped a lot. also, as i get older and wiser (or so i hope), daily noise doesn't affect me m…
boring bond and not so boring credit portions of my portfolio are holding pretty well... pays to stay diversified... this thing is healthy for the market. too many people chased the same names. this will prevent bubble formation..fwiw
if one assumes that interest rates will normalize, as the OP suggested, then it woud mean that the economy continues to heal and grow. in this environment, corporations will do well and their bonds, especially those where exposure to credit overwhel…
i don't think it's a business school issue. it's lack of real leadership. Leaders (and i meant to capitalize in this case) are not minted fresh in schools. people either have it or not -- to be able to face adversity, acknowledge mistakes, make s…
please see this:
http://www.bloombergview.com/articles/2014-03-31/michael-lewis-doesn-t-like-high-frequency-traders
from michael lewis's fellow bloomberg opinion writer ( and former investment banker and a trained lawyer). i've read them both on nu…
this guys is a real deal for a buy and hold investor. he significantly outperformed in 2008 and 2011 and not due to high cash stakes. he doesn't do factor or momentum or any similar stuff but he is a great multi-cap value manager.
you can add me to the team, Ted. you are the reason i am mostly out. too much opinionated BS, insults to others and self adoration. you might need another hobby in life as not to trash the site that was so meticulously and carefully assembled by a …
this is more quarter-end positioning.. should subside after this week. large pharma also suffers today, not just biotech. actually, all momentum stocks are down and there is a rotation from growth to value underway, with banks (the cheapest LC in S&…
steve and maxb - both. unbelievable. you would think they use services of some businesses that get financing somewhere, food, medications, clothes, furniture, use roads... pure and utter ignorance, 'oppressed classes' victim mentality and, yes, trol…
larger fund companies have better access to morning* analysts and we can often clarify stories and investment styles. it it is quite difficult for the smaller companies, not really covered by morning*. So I believe OSTIX situation might clear befor…
not personally, but woudn't be surprized if some funds i hold, state specific and both open and closed-end, are purchasing these. these bonds went like hotcakes to the hedge fund and institutional buyers being triple tax exempted. those holding an…
white/red oak funds -- first learned of on fundalarm. good that at the time i had very little money to lose. not too expensive a lesson to follow the herd.
closed a good year in MSSGX and moved, after a long break, to MGEMX -- my first entry into diversified EME space in the last year. just the other day, entered GIM at a discount. each position is just a bit over 1% of the portfolio. i don't think EM…
i would think that being long emerging market debt and short similar treasuries is a basic trade hedging duration. she wants to get 'carry' from higher yields in Asia, not necessarily the duration risk. very common for higher yielding strategies no…
there is Pimco Commodity Real Return and JPMorgan Commodities Strategy that i know about. the latter is fairly new. also, either one doesn't look good in Morning* since they use commodity futures and/or swaps and place cash or TIPs (in Pimco's case…
Reply to @catch22: hi Mark. all is well. DXJ is indeed a decent choice for a small guy, provided the thingy is trading close to its NAV. the consensus is that this is the beginning for japan. so the rally will continue (and the currency will conti…
@msf. looks like the same guys (dennis lynch and team) are managing the ms midcap growth and ms small cap growth. i do have access to the instl shares: mpegx and mssgx. what i found over the years is that the team has great connections on the street…
another reason for underperformance could be the movement in JPY. the +2.5% nikkei performance is in local currency, ie yen. it has been recently accompanied by a substantial cheapening of yen against USD, which offset most of the japanese rally fo…
Reply to @Investor: +1
nath, you are too concervative to invest in bond funds and here you're doing direct lending with unknown credit exposure which is NOT MARKED TO MARKET. i watched prosper.com -- a similar offering --during the crisis. you don…
and yet, haasentab made money by buying irish debt at very discounted prices. same with the u.s... many people left the workplace, lots of pessimism, deleveraging still going strong, and yet.. financial markets are forward looking creatures and dis…
Reply to @Old_Joe: thanks so much OJ! i am around, less than before of course, but still drop by occasionally. best to you and yours this holiday season!
Reply to @cman: "It appears to me that, for whatever reasons, the speculative trades in commodities as a whole has been unwinding over the last year or two across the spectrum with the extent of drop in value determined by that ratio." "As to why t…
or too many somewhat similar funds, and the company goes through the efficiency/ cost cutting exercise. or the initial fad idea of the fund (like multiple internet funds in the 1999) no longer works. or a unique "star" pm departs/ leaves/dies.
si…
hi bnath..i remember you on these boards... you seem to be earning a decent living and will probably want your child to get decent education (or have more children)... you want to have choices. and you want your moneys to grow, not to be eaten by i…
