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'm still unclear so let me see if I can sum it up from where I sit:
-CEO pay going ballistic (in addition to the company paying for their homes, vehicles, meals, private planes and so on and so forth) has nothing whatsoever to do with workers pay r…
I don't think he ever claimed to be Leontyne Price or Pavarotti but nevertheless I liked and appreciated the music he brought to my ears. "Hallelujah" has been covered by how many other artists?
@Hank - true dat on the season-pass.The line forms behind me. There's been a rash of thin-skin cases lately and I thought that I should also spell it out for those in the deplorable camp. As for my thoughts on the prez, well this is a family oriente…
@Brian: Yes, we agree on almost all of your points and statements. I must tell you though that no one has ever accused me of being conservative or a conservative. Do me a favor though and search "all lives matter." I did because I didn't think Trump…
Brian, what do you mean when you call yourself a conservative? I fear we use the term to liberally in the political sense as in conservative=republican and liberal=democrat but is that true?
You see, I tried a search of the term and mostly what I f…
We don't talk to each other in this country much any more. Our grid locked congress offers ample proof of that. It often comes down to "my way or the highway" or worse (i.e. physical violence or destruction). Mrs. Clinton offered no change. Folks ar…
@openice - do you have a link to this offer from Schwab to Scottrade customers? Does the offer apply to IRA accounts as well as regular brokerage accounts? TIA
I am continually gratified and impressed by how well the resting places of our service men and women in foreign lands are cared for, maintained and respected by the local population(s). Too bad there are so many.
Ooo, an extra Pearson's salted nut roll or nut goodie every month. No self-respecting Minnesotan would eat a 100 Grand bar if those two were available.
@Sven - Yes, supplemented slightly at present with income from PDI & PCI who's yields I can't ignore. I am prepared to cut them loose however if they ever decouple from the train.
Hank asked, "In other words, do the instructions to his trustees also represent prudent advice on how all of us should invest?"
Everyone that invests will have to pave their own road to riches but I believe that Mr. Buffett's advice is a solid bed …
If it wasn't for that dang Mr. Danoff and his Contrafund that's what I would have done. Oh well, live and learn.
BUT, when a legendary investor like Warren Buffett gives you that kind of advice one should be compelled to spend a little time finding…
I'm not too worried about them boomer RMD's being removed from the market. My guess, based on the prior post regarding American's median net worth, is that quite a bit of those funds have already left the building if they were even invested at all.
Well, CA just spanked them a bit by suspending "business relationships" with WF for a year.
http://finance.yahoo.com/news/california-suspends-business-relationships-wells-184042660.html
msf said "Since the question was about exposure, perhaps concentration (rather than shares owned) would be more useful."
As an aside I've always felt that concentration vs. number of shares owned, would also be more useful information in fund repor…
You might look here but do take note of the reporting date(s).
http://investors.morningstar.com/ownership/shareholders-overview.html?t=DB®ion=USA&culture=en_US
I agree with Hank who said "We're still playing catch-up of course." We see it in so many, many different fields of occupation across the board, white-collar to blue collar. From my own interactions I can honestly say that far and away females are m…
Hank, I think it was Peter Lynch who once said something to the effect of more money has been lost by investors preparing or adjusting portfolios in anticipation of corrections than has been lost in corrections themselves. My own past ridiculous att…
Jeez, all this whiz-bang gadgetry, phew! Remember the rebellion when someone proposed changes to the old FundAlarm discussion board? (just between you and me those discussions were easier for me to follow). Ok, this dinosaur is headed back to his ca…
1986, a Mac+ along with a dot matrix printer. Grad school advisor would only accept computer outputs. He marveled that I could do graphics on the Mac and insert them into documents which apparently his DOS-based whatever was incapable of.
