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.
Also, arn't there student loan forgiveness program out there for those that choose education as a profession?
Without debating whether it is the "education" field, not generally for people who become professors. Though the restructuring of federal …
Well Accipiter, we need to sensitize you to be more diverse in your thinking. Have you heard of Speciesism?
"The term is mostly used by animal rights advocates, who argue that speciesism is a prejudice similar to racism or se_ism, in that the treat…
thanks mrdarcey. I'll have to take a look at those. I believe there have been some articles this year, possibly one by Larry Swedroe, saying that dividends were getting quite popular and therefore expensive.....so that the P/E ratios on some of th…
I would think the Dividend Achievers Index would also meet the qualifications of stable profits and low debt. VIG or SCHD. For a '40 Fund, PRBLX, VDIGX, SEQUX, MPGFX all pay lip service to the same sorts of things.
KMI has a DRiP available thru Computershare as a direct stock purchase.
https://www-us.computershare.com/investor/3x/plans/planslist.asp?stype=all
This is where I point out that M* says KMI has no direct investment either (though the KMI FAQ doe…
A brokerage wasn't allowing you to DRIP KMI? A lot of brokerages seemed to have rules regarding DRIP of KMR, but I'm surprised one didn't allow DRIP of KMI.
@mrdarcey - I've had no problems whatsoever dripping my KMI shares at Fidelity. Don't know w…
Hey, rjb.
I get where you're coming from, but Bernstein was attempting to write a popular statistical model of a portfolio that would approach the Efficient Frontier, while claiming that, since you can't know future asset class performance, you c…
His No Brainer Portfolio.......
Why has he limited the foreign stocks to Europe only?
And the 25% S&P 500 and 25% small cap index.....that's an unusual "tilt". Almost all the "tilters" tilt to small cap value
If I remember where he discusse…
I was curious on the legality of cancelling overflights, since much of aviation law is set by multi-lateral treaty and so much international traffic has to go over Russian airspace. Turns out Russia isn't a part of the overflight treaty, so they cou…
If I saw that M* speech and owned the fund I'd sell if I hadn't already. Bill Gross calling himself a “a 70-year-old Justin Bieber" is horrifying on a number of levels.
Thanks for that image of zombie Gross/Beiber. Though I bet Roger Corman needs a …
Hi mrdarcey,
It has so lets now move on.
Old_Skeet
Apologies, wasn't trying to pile on. I didn't actually see your original note until well after I was done composing mine. Was honestly just trying to answer Hank's question as honestly as possibl…
@hank
The problem was #1. While he linked and named the author, he cut and pasted an entire paywalled article from Barron's. The author came on, protested, the paste was edited, Ted said he wouldn't do it again. Then he did it again with the exa…
Completely OT, but if you liked Thug Notes (and who doesn't...) 8-bit Philosophy is done by the same people and is fantastic. It uses late 80s/early 90s video games to simply narrate philosophy.
I love wealth/money because (and probably more than anyone on this board) I saw the other side. It was years of extreme poverty - minimum wage jobs, no money for food/monthly rent, having to always pawn my TV, living in bug infested basement apartm…
Sorry to see this happen. The links added to the board, and I'd like to see Ted post more. If only for his usually off the wall gambling picks.
At the same time, people have to be responsible for their actions. I know Ted felt like this was aski…
As a sidebar, I have a question for you. Is your Mrdarcy moniker a reference to the Mr. Darcy character in Jane Austen’s “Pride and Prejudice” book? If so, do you see yourself in the dual roles that characterized Mr. Darcy’s overarching behavior…
:)
mrdarcy, you must Goggle map NY state. It is an eclectic state with much natural beauty and resources. "Ithaca = Niagara wine country"??? Far from it. Maybe 400 miles from it.
Niagara county does produce wine, but not NY States best. That is re…
>Raymond Chandler (IMNSHO the best American author of the 20th century
you should get your hands on some stories by David Foster Wallace. I would vote him the best.
Fair enough. There are some Foster Wallace essays I love. The one on Federer, …
@mrdarcey
Finger Lakes? you're joking right. (straight from Ithaca :)
the Catskills supplies much of the water. e.g. Schoharie Reservoir. Ashokan, etc.
Dammit, got that totally fubared. Have no idea why I thought Ithaca = Niagara wine region.
…
I don't know if it is true but I have heard the secret for the good pizza, bagels, and everything else in NYC can be attributed to the water there
This is the only variable that makes any sense. You cross the river to Newark, a slice is NYC "style…
@MJG
Sure, you've spoken about moving some but not all monies from active to passive holdings in the past, and I think listed DODGX and DODBX, along with others as continued long term holdings.
But you also strongly advocate indexing for pretty mu…
I'm in the process of moving GPROX directly to them in a Roth wrapper to avoid that.
I'm not 100% sure what the status of this would be in a taxable account, but one possible solution might be to move your holdings and then start an AIP. I know th…
Nothing investment related outside of studying.
In my free time I've recently reread all of Raymond Chandler (IMNSHO the best American author of the 20th century), and am currently reading The Long Ships by Frans Begtsson. Manly tenth-century viki…
Grandeur Peak:
"Regarding our Global and International Opportunities funds, coming off of a couple of great years of performance, we’d normally be feeling OK about having a few average quarters. But as we dig into the reasons for the average type o…
I’m immediately just a little leery when an author tosses out an extremely high, unrealistic percentage claim without justification. Additionally, he highlights that number in the title of the article. What about you guys? Does it strike a skeptic…
Just confirmed with Grandeur Peak that the policy is now a little more cut and dried. You have to hold account with them, but they will take transfers from a brokerage platform and allow you to continue to invest if held in an appropriate account.
In case this wasn't posted somehow, here is Grandeur Peak's 2nd quarter commentary. It's very candid and details parts of their process. Maybe I'm a sucker for this type of language, but it reinforced why I let them handle my money.
I'll probably…
Lecture by David Swenson to Robert Shiller's Financial Markets class where Swenson explains why he feels the 60/40 model is broken for endowments and other portfolios with an unlimited time horizon.
Whistleblower or ex employee seeking revenge?
Looks like the complaint was filed and sealed, and then he was fired. Which presents a whole new level of legal mess. Employee claims to have approached higher-ups about the issues, and that others le…
1) USCI is essentially a market-cap weighted index if memory serves. GCC attempts to provide something different by weighting 16 or 17 different commodities equally (out of a list of 30+, IIRC. Their algorithm attempts to give a value slant). Th…
What has been the accuracy of GMO’s prior 7 year forecasts?
This thread might be helpful.
mutualfundobserver.com/discuss/discussion/comment/26934/#Comment_26934
Ted Lerner, owner of the Washington Nationals and possibly the richest owner in MLB, made/makes his money in commercial real estate. Not necessarily strict finance, but maybe close?
Wesley Edens and Marc Lasry are two hedge fund guys who just bough…