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JoJo26
Making tactical asset allocation tilts is not market timing.
There is plenty of research that shows that manger who has large amounts invested in his/her own fund tend to outperform those that don't. My experience, or lack thereof, does not invalidate my thoughts (for the record, I probably have more experien…
There is plenty of research that shows that manger who has large amounts invested in his/her own fund tend to outperform those that don't. My experience, or lack thereof, does not invalidate my thoughts (for the record, I probably have more experien…
Livermore and Bogle are the world's greatest investors? Ugh. I supposed if you consider turning a $100 million into $5 million "great" or a guys who made his fortune in index funds (which is a wonderful idea but I wouldn't call it great)...then yea…
At least when you invest in the single stock of your employer, your bonus likely isn't tied directly to the performance of the stock. There is, obviously, the idiosyncratic risk of putting your 401(k) in a single investment, which is no doubt stupid…
If you know anything about the investment industry, their compensation is very closely tied to the performance of their funds (bonuses are the majority of comp and is often heavily weighted toward performance). So why would they have a huge of chunk…
I don't always get why people care so much about manager ownership. I get the whole "eat your own cooking story," but if they are truly intelligent and prudent investors, they shouldn't be tying up a bunch of their liquid net worth in the products t…
I'm assuming this has to do with the fact that some of Grandeur Peak's strategies are offered in Limited Partnership vehicles - not true for Global Micro, however. LPs are cheaper than MFs (sometimes the GPs' fees are waived entirely) so it doesn't …
You'd kind of have to assume this would happen eventually. It's too bad because it seems like he's done really well at GP but hopefully they really are as prepared as they suggest. There's a lot of stuff going on between GP, Wasatch, Rondure and e…
LB: Bingo!!
I think far too many people confuse 'low costs' with 'indexing' .... speaking for myself only, I'd prefer low-cost low-turnover active management over low-cost indexing in nearly every instance. (Plus, most indices are market-cap-ba…
Jo-Jo - Stop taking your cues regarding etiquette from the Pres-elect. :)
I've also on occasion purchased load shares. So will proudly join the growing group who say they have.
(Ain't that the truth OJ?)
Get over it... Your crooked Hillary lost.
If you want to buy it as a short-term trade rather than a long-term investment, it might make you happy.
If you're trying to make a short-term trade, do not buy an active fund.
And, @JoJo26 of your bold comment ..., I am most thankful that you don't govern my affairs for you appear, to me, you might be a person that is penny wise but dollar foolish.
Old_Skeet
Talk to me in 15 years and we will see whose portfolio perfo…
Do your due diligence and you won't have those problems.
This is such a double standard.
People never complain about funds outperforming when they veer from their stated investment philosophy... They will, however, throw a fit every single time wh…
I find that highly unlikely for the foreseeable future... Fund could at least double before Mr. Foster would hard close and to get there would take a great deal of inflows, not likely to come from additions - would need substantial subscriptions.
THE INVESTOR. Don't invest in the fund if you don't have sound reasoning to do so. If you invest, and you're wrong, you should have nobody to blame but yourself.
The second year return would be 60%... $15k on the new base of $25k... So the "average" annual return would be 105% ((150%+60%)/2). Either way, "average" annual returns are worthless, IMO.
Considering its closed, highly regarded and has done really well amongst EM funds, I certainly wouldn't eliminate it. I add to both SFGIX and GPEOX monthly and I would consider stopping if I was worried about EM longer term but its not very likely …
Good year, in 2016. I've been in it for a bit more than 4 years. Is it really up by about 15% in 4 years---or so? Double checking myself.
Are you really trying to buy in and out of active funds on an annual basis? IMO, that is a losing formula...
Wondering what people think about Ms. Geritz launching two funds to kick things off. Why not focus on building a strong track record for one fund first?
Do advisors ever really transact enough to move the market? Rarely should an advisor be making significant changes to clients' portfolios, if he/she is prudent.
@JoJo26 I'm sure "Vice Presidents" of Chevrolet and Buick kinda had the same logic. It's good to head your own firm, you keep more of your profits that way, especially if you feel you are "it". Nothing wrong with that, just saying.
No one is in thi…
