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.
Her R&B stuff in the late 70s demonstrated some remarkable sensibilities. Fresh, complicated, she knew exactly what she was doing, she made it look so easy, it was not easy. It was not her "Dad's music," it was her space. It wowed people and the…
Towards the end of this article is:
Nuveen Quality Preferred Income 2 (JPS) has most its exposure to preferred stock issued by large banks and insurance companies, such as Bank of America and MetLife. Most preferred is perpetual, giving it a lot of …
@msf Exactomundo! I saw this after my post (holiday-addled brain a little slow on the uptake). And whatever it is they have done, however they chose to do it, I'm also fairly certain why they did what they did.
Given the recent draw-down (and pro…
@gmarceau Ah, yes, the small cap growth fund, that is 43% large cap, has also done rather well lately. Both funds, notably, are quite Asia-centric and include companies with a home base in developed nations.
@Old_Skeet Oh, c'mon, have you forgotten what often happens after Santa Claus comes to town? Followed by all that hot mindless pension fund and IRA money that floods in the first week of January? And then the bulimic burp and belch down of the mkt a…
I was just there, several days ago, and nothing was mentioned about this. I was expecting a 0.01 CG distribution, as previously posted. The file noted by msf, above, was created at 4:23PM today. Doesn't give one much time to readjust tax-loss sellin…
Ah, yes, the "passive" index fund that "actively" morphs under your feet, sometimes over and over.....
Here's another recent example of the same thing about to happen at Vanguard:
https://personal.vanguard.com/us/insights/article/fund-announcement-…
Vanguard Core Bond Fund filing:
http://www.sec.gov/Archives/edgar/data/836906/000093247115009408/malvern485a.htm
In the appended SAI, one finds:
" Brian W. Quigley, Gemma Wright-Casparius and Gregory S. Nassour co-manage Vanguard Core Bond Fund; w…
Haters gonna indict.
http://www.bloombergview.com/articles/2015-12-17/martin-shkreli-accused-of-being-surprisingly-good-at-fraud
Matt Levine had a lot of fun putting this together (it's obvious), and he wrote it so that you can too.
Reuters is getting all over it. Looks like the indictment will be the first of many.
http://www.reuters.com/article/us-usa-crime-shkreli-idUSKBN0U01IM20151217
His parents were born and raised in Albania. Say no more. Fraud, embezzlement, black mar…
Hey, I gave y'all notice--- 1 down, 13 to go?
http://www.mutualfundobserver.com/discuss/discussion/24300/doubleline-funds-planning-expansion-in-rather-dicey-times#latest
You might want to do a little research before reaching any conclusions. While …
@msf So disappointing; I just never had you pegged as a performance chaser. :)
http://www.indexologyblog.com/2015/12/15/the-rieger-report-munis-lead-the-pack-in-the-final-lap/?curator=thereformedbroker&utm_source=thereformedbroker
Another fund …
@msf
1. Hey, what's going on with your left index finger? It's BTMIX. :)
2. Actually, all 3 amigos are former BMO.
http://www.mutualfundobserver.com/discuss/discussion/21567/baird-advisors-adds-municipal-bond-team-with-some-cred#latest
Sounds like they are formulating the merger/acquisition plan as they go along. Tune in tomorrow, when they announce yet another change in some other aspect of the transition. Clarity of vision thing..........inspiring. Meanwhile, I'm sure investors …
It will be interesting to see how the headlines read tomorrow: reasonably prudent, or hysterical and perilous? Friday's surprise came too late for not so many people to react. More have had a weekend to mull it over now, and it's possible a reassess…
OMG, deja vu!
Here are the founders of Stone Lion Capital:
Alan Jay Mintz, CPA, a co-founder of Stone Lion Capital was Co-Head of the Distressed Debt and High Yield trading group at Bear Stearns
Gregory Augustine Hanley, a co-founder of St…
@msf wow, thanks for your note re. GIM. It has been ages since I looked at its portfolio and had no idea of its differing structure.......hmmmm, interesting.
http://www.thisamericanlife.org/radio-archives/episode/574/sinatras-100th-birthday
Sorry, but once you die you don't get any more birthdays. He died in 1998. I guess the studios and Nancy need some more money. After what he put you thru, I say go f…
Gundlach: "There's never just one cockroach" in any kind of credit meltdown. "People are too long credit and the credit is melting down and the stock market is whistling through the graveyard. It is so similar to 2007, it’s scary."
http://www.reute…
@msf Yeah, I see what you mean. It all sounds so very reasonable, and yet there are so many phrases in the document that really chap my hide I eventually lost count of them. Geez, inflation on its own has achieved whatever they're trying to do with…
@Junkster Hey, you cut that out right now. You didn't lose profits, you just missed profits you otherwise would have had. Second guessing yourself like that will just mess with your head and diminish your powers. Sometimes pretty good has to be good…
Perhaps it has something to do with where I live, but I see the arm of a one-armed bandit, and to get the tumblers spinning you have to pull the lever DOWN! So, should we get this thing going, waddayasay? :)
@Mark Well, that didn't take long; I thought they'd at least ruminate about doing it for a month or so. Perhaps things are more acute than they appear (which is bad enough)? From 51/qtr to 50/yr--- whew, hello sailor!
Good memory, @hawkmountain. Mo…
@Junkster Oh yeah, let's have a little rock and roll. So far, a very conventional deterioration, IMO. All that's left is the "contagion effect." Unless a black swan happens by, HY muni should hang in there o.k., though I presently have no chips on t…
A Xmas gift that evokes traditional values, for those "special friends," even though you don't approve of their lifestyle choice:
http://www.nrastore.com/nra-2015-christmas-ornament
