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.
Support MFO
Donate through PayPal
rjb112
Well thanks for all your great instruction and telling me about it.
David-
I think the OP wanted historical assets under management, not historical prices.
George..
Yes, that's certainly what I'm interested in, historical AUM.
I've known about the Yahoo Finance historical prices for quite some time.
The economies and monetary system is still much perverted.
The monetary shock to the social systems (many regular folks) is still not normal; and may not be again, whatever the Phd's and similar consider to be normal at any given time in society a…
Interesting interview.
He said something that caught me off guard, at the 8 minute mark.
Something to the effect that since 10 year Treasury bonds have a yield of 2.5%, that is equivalent to a stock with a P/E ratio of 37.5, and he said Apple has a…
From Wiki:
"Occam's razor (also written as Ockham's razor and in Latin lex parsimoniae) is a principle of parsimony, economy, or succinctness used in problem-solving devised by William of Ockham (c. 1287–1347). It states that among competing hypoth…
Hey guys,
Is there a quick, easy way to find out a fund's AUM? For instance, let's say I wanted to know a fund's AUM in 2006, how can I find that? Thanks!
I'm glad you asked this Paul.
I'm also wanting to know the historical AUM for a specific mutu…
I guess my point is I don't care about an obligatory index comparison.
My own personal preference is that guy who focuses on principle protection. I don't care if he beats the S&P500. I don't want to be invested in the S&P500.
I'm comfort…
Love that candor. Refreshing honesty. Just one thing I don't like one bit: per another thread, looks like their pattern will be to close all their funds early after inception, and you can only continue to invest in them if you fall into some very …
I think one needs to ask themselves this question ... Does your portfolio meet your needs? And, if it does, from my thoughts, then the rest really does not matter if you are happy.
Old_Skeet
What more can you possibly ask for than a portfolio th…
"Every quarter we take a chance to review our mistakes, both those of commission and those of omission.
Around a year ago, we sold Facebook, Tesla Motors and MAKO Surgical. Post our sale, all of these stocks doubled. Had we continued to hold them, o…
Item 2) Some say I have way too many funds … perhaps so, perhaps not! In comparing my portfolio’s performance to Morningstars Moderate Target Risk as a benchmark … well I have handily bettered the benchmark.
Old_Skeet
Congratulations Old_Ske…
Why in heaven's name is OSTIX 2* fund? Oh wait, WTF did I look at M* rating for?
The star rating is simply based on math. It's based on the risk adjusted return versus its category.
Look below to see why it only has 2 stars. Compare the perform…
Perhaps I am ignorant but what would be the benefit of such a fund structure?
It certainly seems that in its present incarnation, just having one low cost high yield bond index fund would accomplish about the same thing as that pack of high yield f…
IRNIX is very interesting. A bunch of interesting mutual funds in the portfolio.
The one issue with fund of funds: expense ratio, since there are 2 layers of expenses instead of one. This fund has an expense ratio of 1.49%, quite high for a fixed…
Some excerpts from a Memo written by John Bogle July 9, 2014
http://johncbogle.com/wordpress/category/memos-to-principals-and-veterans/
July 9, 2014
To: My Fellow Vanguard Veterans and Principals
My 63rd Anniversary
Monday, July 9, 1951, was th…
From Wiki:
"Walter L. Morgan (July 23, 1898 – September 2, 1998) was the founder of the Wellington Fund, the first balanced mutual fund in the United States....... He graduated from Princeton University in 1920, and shortly thereafter became the yo…
"has terminated the public offering of its shares and will discontinue its operations effective on or about August 1, 2014. Shares of the Fund are no longer available for purchase"
What's up with this?
Looks like the fund inception date was 5/30/20…
I agree with both Ted and scott.
But I hate to think of what scott mentioned.
I mean really, what ammunition does the Fed have left? They already have 4 billion dollars on the balance sheet, and Greenspan just said it will be one of the major probl…
I just had a fresh look at Hussman's record with what seems to be his most important fund, HSGFX
Actually, he did amazingly well from inception on 7/24/2000 thru the end of 2008.
His 2001 and 2002 performances were exceptional. Most funds were ta…
Of course, the big disadvantage with REITS is that you are investing in the stock market. Whereas one of the main attractions of real estate is getting an alternative asset class to stocks and bonds.
Only 6 views, but an excellent article.
"Don't fight the Fed" is a Wall Street maxim.
Ritholtz opines that it does not mean that the bull market will be hurt when the Fed raises interest rates
Prices are going up steadily. The size of packaging is going down. Less product for more cost. This happened in the 70's too. Yet we are constantly told there is no inflation. It's hard to believe when you walk out of the grocery store with not ver…
So I guess its happy times are here again for good as the people in power change the definition of full employment the same way they changed the way inflation is measured?
JohnChisum, can you go over how inflation used to be measured vs. now?
I thought endowments generally invested conservatively?
Me too.
I thought the old standard was a 60/40 allocation.
60% stocks. 40% bonds.
Now that has been replaced with a lot of alternative investments like private equity, hedge funds, merger arb…
I still go back to the elder Baron Rothschild saying that to be safe, one should have 1/3 of their wealth in securities, 1/3 in real estate and 1/3 in 'rare art'. We'll call rare art = collectibles. I'm good with this. Gees, i's been 7-8 years …
One investing principle is 'understand what you invest in.' How well do investors really understand Managed Futures investments? How about Liquid Alternatives funds?
I think she always has excellent guests and asks well thought out questions. Its not the same old same old you see on CNBC. It reminds me a bit of Rukheyser's old show, although not quite the same, a fine subsitute. No one can replace him and sti…
I thought that fund family was something like a "gold standard."
Me too. And they still may be a gold standard. Let's await the results.
The really unique thing about Vanguard is the mutual ownership structure. The owners of Vanguard are each a…
One of my favorite personal stories happened during the soaring US growth equity market from 1995 to 2000. In particular, those new internet companies had market values that far exceeded stodgy old brick and mortar companies that had actual revenu…
The other thought I have regarding using ultrashorts is potentially using leverage to lessen outlay. Say someone wanted $50,000 in a 1x short S & P 500 fund. They instead use $25,000 in S & P 500 2x ultrashorts and then still have the …
I have never shorted a position, but my understanding is that you have to "own" the shares you wish to short. So the positive 100,000 shares makes sense. The negative portfolio wt (in this case -5.38%) is the clue that the position is being shorte…
Just read it again. They don't specify. So I think these stats are not meaningful.
They really need to talk about performance AFTER they rated them gold medalists, as
VF alluded to above.
Unfortunately, the article does not reference the data s…
