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.
I'll say one more thing in Third Avenue's favor -- their shareholder reporting is top-notch. Their fund manager's don't just go through the motions; they actually explain their investment philosophies and views of the market quite well.
I can only speak to the Third Avenue offerings that I own, but they have done exceptionally well. Check out TFCVX (high-yield bond fund) and TVRVX (real estate fund) -- very solid performance
Seems to me that this site should not be used for gratuitous partisanship. If you have a problem with Joe Kernan from a competence standpoint, that's one thing. But if you want to get him fired because you object to his political philosophy, I adv…