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.
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JoJo26
Making tactical asset allocation tilts is not market timing.
LLs are going to be a huge problem in the downturn; covenants are almost non-existent in many. Recovery rates are going to be much lower than historical averages.
If you know it's coming then yes you go cash, but the reality is nobody knows that it is coming, and particularly when. Stupid question.
Remain diversified. If you want to tilt a little more on the defensive side in anticipation, fine. It is also e…
Not saving to the match is literally the dumbest decision anybody could ever make. Tell me somewhere else you can earn a 100% return with (essentially) 0 risk?
"In the 10 years ending Dec. 31, 2018, retirement plans lost approximately $2.5 trillion in potential assets at retirement due to $86 billion worth of defaults." - Christopher Robbins, Time Traveler.
Don't Take Me Out To The Ball Game:
3 views 0 comments new Started by Ted 11:31AM Off-Topic
Nuns Couldn’t Stop Wells Fargo From Making Another Big Gun Loan
3 views 0 comments new Started by Ted 6:45AM Fund Discussions
Morning Lineup – September Jo…
Very sketchy firm, IMO. Yockey essentially stole the track record of ARTHX and claimed it to be his. Although he was always listed as a PM, it was really Barry Dargan calling the shots until the Fund established a track record and grew assets. Then …
So the average U.S. household (over age 75) has a net worth in excess of one million dollars? Umm ... Not where I live. Maybe elsewhere. That high net worth would seem strangely at odds with many states’ crumbling roads and infrastructure.
Do you …
The amateurism of your "link" speaks for itself. You regard yourself as a financial "pro", and in my opinion, quite rightly so. Try to move a little beyond third-grade "cut and paste".
Got heeeeem! @Ted is no financial pro, though...
@JohnN-
John, you've been a member of both FundAlarm and MFO for well over ten years now, and in that time you have been exposed to innumerable "how to invest" posts.
You know, or should know, that such a question without a considerable amount of…
The simple answer is, "yes."
When this market turns you're going to see a lot of disappointed investors throwing the blame at indexing. They may not be for everyone as every investor has it's own tolerances and needs, but hedge funds will prove ben…
Let's be real here, indeed-
Key word here is "documented". A known fact. As in FACT. Are you familiar with the concept?
"Predicted" mortality under non-hurricane normal circumstances is hardly a "guess", since accurate data on that is certainly wi…
@Old_Joe
I'm still paying for it... I just don't believe it's sustainable so am not going to assume I'm going to see any of it come back to me. Banking on receiving SS is a terrible way to plan for your retirement years.
Likely some marketing gimmick to make it look like he isn't managing as much money as he really is. Retail investors often don't do enough work to notice these things. Institutional folks always see through this smokescreen.
wow, do NOT be a short-termer
this is crippled thinking
managers need 3y min for us to assess their worth
if you cannot give them that, then do not invest
sometimes I think MFO members do not understand what mutual fund management is all about
T…
@Sven: A+ "Buy when there's blood in the water" doesn't hold in this case. There's too much blood In EM waters.
Regards,
Ted
Be fearful when others are greedy and greedy when others are fearful.
This is no special exception. Trying to convince yo…
The real one. But of course everyone is, as long as it doesn't affect them.
All I know is they'd make this whole debt clock problem a lot less of an issue. You honestly can't deny that or would that not be the case in your so called "real" world.
Everybody's in favor of Entitlement Reform... for everyone other than themselves, of course. But then again, that perspective is shared right up to the very top, in fact, especially at the very top... that elusive "1%", who are leading by example. O…
Well, why not? A politicians friend and vote grabber is easy enough with "OPM", being other peoples money and in this case the "OPM" is the National Debt, eh?
Tax Reform, 2.0
Ya, its been posted here before; but.....Debt Clock.
Sleep tight and d…
RPGAX... Not bloated. Numbers look not bad compared to peer-funds. I looked at it on Morningstar, and M* often mis-places funds in the wrong category. The top holding in BLACKSTONE was a topic of conversation here a while back. TRP.
Not global "equi…
I'm sure a lot of people here recognize that 2.1% across the board pay increase that was rejected was the inflation rate for 2017 (and 2016). In real terms this amounts to a 2.1% pay cut for all federal workers, instead of their treading water.
A…
>> His philosophy should protect capital in down markets
it does say growth in the name
I wonder if he bought more of those three companies.
And the name matters because.....
You clearly are not educated on the Seafarer approach.
So as long as someone is honest about why they lost your money you're okay with it?
His philosophy should protect capital in down markets, which it had done historically. This year not so much. All I'm saying is I think the new fund, asset growth a…
'16 and '17 underperformance is fine as I'd expect him to lag in stronger years. The underperformance YTD is disappointing.
I do think, to some extent, he's been a victim of his own success. He took quite a bit of money in early then subsequently o…