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Crash. I don't pay M* anymore, but they did make part of their PRWCX write-up available last week.
You can find that and several "interviews" with Giroux linked under Monday here. No idea if they'll take it down at any point.
To echo what Charles said, this is down to M*'s system which takes a snapshot of results at 10, 5, 3, and 1 years, weights those results, and compares them with the group the fund belongs to. VDIGX, VIG, PRBLX, et al suffer in stars because they dea…
Thanks guys. I haven't done the math yet, but it makes sense to me that even with commissions I'd be saving money and collecting more of the dividend stream over PRBLX, VDIGX or even VIG.
Just at a glance I really like the QCOM rec. Solid expansion…
... because I as I was mulling this whole thing over last night I wondered the very same thing. Additionally, as you also mention the intrusion of luck into the equation, I was also mentally comparing the insurance redistribution/premium issues to t…
When you buy a car that money goes to all sorts of people via the dealer, and I bet you do not think of that as redistributive. Perhaps you can think of insurance product like a car but only when needed?
Except insurance isn't like buying a car or a…
Considering selling PRBLX and just buying individual dividend stocks a la Josh Peters. DE, MAT, F, COH, CSX, CVX, AMNF, BBL, APAM, TROW, INTC, CA, CSCO, ESV, TUP, HCP on research list.
There is still time to talk me out of this foolishness, so fir…
No, all insurance is not a redistributive subsidy. It's neither redistributive nor a subsidy. It's a voluntary arrangement in which a group of people voluntarily pool their resources for protection against certain unpredictable individual disaster…
:-) :-) :-) Watch it or you'll be sitting in detention alongside of me.
I'm every bit as guilty of Gobbledygook as every other reformed grad student or MFOer! :)
At least we'll have fun in detention.
reply to mrdarcey:
Nope. Currently Fire offers 4g (and I think 3g or 4g was available early after launch). http://www.amazon.com/Kindle-Fire-HDX-Display-Wi-Fi/dp/B00BYIUEXU/ref=sr_1_cc_1?s=aps&ie=UTF8&qid=1398441151&sr=1-1-catcorr&…
Does the "Fog Index" capture tone, or merely vocabulary (syllables) and complexity of linguistic structure?
I prefer the SMOG test myself:
Simple Measure of Gobbledygook.
Admitting that I know very little about the insurance industry, and hoping that someone will correct me if I'm wrong...
But isn't the 800 pound gorilla that ALL insurance is a redistributive subsidy? It takes money from a large pool of people and …
I'm a little over 35% overall according to M*. 25% of IRA is in DODWX, 15% in GPROX, 10% in MAPIX. I let those fine people make the specific allocation calls. 30% of 401(k) is in VDMIX, or whatever they changed it to. Also whatever int. bonds ar…
Thanks so much for all the info, Charles. Glad the event was good. Love that d&c attracts such dedicated talent.
Equities might only return single digits this year, but YTD DODWX is up 4.4% compared to 2.3% for the S&P.
PS: I can't believe Amazon launched the "Fire" without even putting GPS on it. Hopefully, they've incorporated that basic item by now. :-)
Aren't the Fires wifi only? Makes GPS useless without a mobile hotspot.
Hey, also, despite its size (and eye-watering number of VPs), most of the time when I call their investor relations number either complain or praise, I get pretty frank discussion with a member of the D&C staff.
100% agree. I've only ever had …
I am interested though, if anyone knows, what happened to the DODLX launch?
The announcement disappeared in early March from the website never to seen again...
So is it the unorthodox consensus around here that in fact it is not all that difficult to choose funds that will, on average, beat a relevant index over time going forward?
I can't speak for others. But the impression I've always gotten is that Pr…
Wasn't able to get the Kaushik article. One university subscribed to the journal, but only through 18 months back, the other did not subscribe.
I did find out I have free access to Mergent's data, though, so there is that.
His website certainly isn't very intuitive.
Basic info here
Fact sheets here
The fact sheets date from 3/31, so I'm willing to bet they are more accurate than M*.
There is also contact info, including a phone # and personal email here
Apologies, I haven't been able to read it myself. I was aware of the study because of the Rekenthaller piece so I did the next best thing I could think of and linked the abstract. As it stands, yes, one is left trying to put together a picture from …
From the Walthausen website and fact sheets, Select Value has a market cap limit of $5B, and a soft total securities limit of between 40 or 50.
Small Cap Value has a cap limit of $2B, and currently holds over 80 securities.
There looks to substant…
Thoughts on GPROX before it closes, versus ARTWX ...
GPEOX 12.5%
global small-cap 12.5%
Can only tell you what I did, which is look at both and settle on GPROX. Not familiar with the other two. Liked GPROX's broader mandate and small market cap. …
Does anyone here practice looking at low turnover funds to look for ideas to buy individual stocks?
Have started doing this, yes, but nothing actionable yet. My concern remains that by the time I know what any manager has bought, its been several …
Even before fees ... the Foreign Large Cap group’s Median performance is negative relative to their appropriate benchmarks.
Except...
iijournals.com/doi/abs/10.3905/joi.2013.22.2.055#sthash.CZYMcp5y.q6D2AXaq.dpbs
This study finds that active manage…
While most of these shops are solid, their three largest funds from have $32B in AUM combined. And does Selected really count as an independent?
I can hear the MFO teeth collectively gnashing.
Turns out we're all looking in the wrong place. Computers are changing our brains and how we read...
washingtonpost.com/local/serious-reading-takes-a-hit-from-online-scanning-and-skimming-researchers-say/2014/04/06/088028d2-b5d2-11e3-b899-20667de7…
My fiancee, I suspect, would score quite highly on the grit test. She's as practical as they come (other than marrying me)...
Gotta love it!
I'm going to have to go back to MJG's thread about the role of luck in life...
But my present comments are …
It's an interesting concept, but I'll be a little critical of it as a catch all.
My score ranked, seemingly, around the 20th %ile. I suspect it would have been lower if it weren't for the reason Charles mentioned. But asking questions regarding *if…
I have a strong suspicion it has more to do with decreasing reading habits over the years than just a transfer of the habit to electronic media. I see more people reading in Kindle commercials than in real life.
Rant to follow.
Two things.
First, …
Looks like @ $160MM in assets will be going over to MJFOX. That's about 1/3 of MJFOX's current size. I assume there is overlap between the funds, so turnover might be limited.
Kind of meh from a Matthews' investor point of view, but great news fo…
While banks are by no means perfect, Gamestop (which is not exactly FDIC insured for one and I think is sliding into Barnes and Noble-style irrelevance on top of that) is not exactly the answer...
That irrelevance was always sort of built in, wasn't…
@mrdarcey: I don't have a dog in the fight, but I would recommend you vote YES on Proposals 1-7. D&C is not asking for anything that is not in the interest of D&C shareholders.
Regards,
Ted
Thanks. I appreciate the input.
Thanks everyone. I think VWELX will be my choice for my daughter's Roth IRA. Less volatility and less gain in the beginning will be OK. In any case it'll hopefully get her started on the "stocks not shoes" path!
Best of luck. She's very fortunate t…
