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.
little5bee - I can only hope that insider selling would be too easy to spot albeit not until later. If so I expect those caught will be dealt with the same firm handslaps handed out to the financial manipulators of the housing/mortgage meltdown
MikeM - I don't know about COP but in the case of another energy company, KMI, shareholder reports were for maintenance of the dividend at it's then current level with growth of that dividend increasing at a 10-16% clip for the next 1-2 years. A mon…
I'm less than impressed by Barrons.com reporting but I'll let you decide.
http://www.barrons.com/articles/ron-baron-the-stock-market-will-recover-1454436482
- "Over the past year, low oil prices have cut into profits of energy companies and busines…
@vkt - I think you're right, at least the content of their earnings call noted that and that was before they were cut off at the knees. They still have roughly 2/3's of their original commitment waiting to do just that. I was just in their hood last…
@david - Fair enough, I misread your statement then. My apologies.
You added: "That Fed types do not understand that labor cannot be done past a certain year of life, and are cavalier in their advice, or worse?" This, I do believe and mind you it i…
walthuc stated: "An AQR representative stated that funds are hard closed to individual investors on all broker platforms and will be available for trading only through selected investment advisors at Merrill Lynch, JP Morgan and UBS."
Apparently on…
David I think you can relax a little. Think of a physically demanding job/profession - firefighter, carpenter, cement or brick layer, plumber, almost any of the building trades just for example. Now, how many do you know in these professions that ar…
@Hank - the trouble with politic jokes is that they usually get elected.
Put me down in the not interested column. Both Fox News and Trump lack credibility.
@Delphi - "My rationale is that I am foregoing a small profit to avoid a large loss."
Great point! Seems intuitive but it's often overlooked when making investment decisions. Thanks for the reminder.
Thank you for your response DlphcOracl. I appreciate the time you spent on your input. Some concurring thoughts over here but I can never bring myself to be 100% in or out of the market.
@DlphcOracl - I should have asked this sooner. You said "I think the real buying opportunity lies ahead, much later this year or in early (Q1) 2017."
What causes you to feel that way? Just curious.
In keeping with the spirit of the thread I believ…
@heezsafe - Oh, that's good. I'll have to bookmark that puppy. One of my kids could stand to read that now as he's ready to rip off my head. Fortunately he's in a foreign land for the moment. My advice to him basically "Don't be rash but do measure …
From what I've been able to gather six states — Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina — allow winners to remain anonymous as of Apr, 2014. A strategy some recipients who wish to remain anonymous are using these days is to…
Thank you all for one fine, thoughtful and civil discussion. I'll tell you what prompted the original post.
While thawing my toes by the fire I was reading the Primecap Odyssey Funds annual report for the year past. In the letter to shareholders th…
One wonders what could (will) happen if one of those supplying triggers gets pulled.
Edited to add: It's -10 degrees in the backyard outside the igloo as we speak with a 15mph wind. I might have a use for that over supply.
I added to things I already own on the morning dump - JPI, HCP, OHI and RQI. Just filling out positions that I wanted to build up anyway. Sitting on a pile of green waiting for clarity.
Had it back in August 2015 along with OAK and KKR. Sold all three back then and have found no reason to get back in despite their ratings and favorable analyst opinions. I guess I just don't understand so it's better to lay off.
@david - my issue with OEF's is that I am at the mercy of end-of-the-day pricing. If I held mutual funds in a taxable account I would also be accountable for any distributions they throw off. (FWIW, all of my mutual funds, 6 to be exact, are held in…
I wasn't correcting Bee. From what I've seen you know way more than I about this investing business so I defer to you. I like the Primecap folks and hold POAGX mostly for their exposure to biotech/healthcare. (I see POGRX has more but I already own …
You know Bee, I think that's the first time I've ever heard anyone accuse FAIRX of being a 'growth' fund. Not to worry however, I don't think much about those growth/value labels anyway.
