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.
Not a bad idea buying BRK.B Maurice. If you can find a list of holdings preceding the last few years of drama and craziness in this fund then you might symbolically recreate the fund as you once knew it. FWIW, We did discuss this about a year ago an…
English translation - our methods really sucked last year and we don't have a clue. Please stop yelling at us and just take what's left of your money back.
Good find Ted. Keeps you young if you know what I saying.
Anyone help with the setting or language they're speaking. I can't make it out. Sounds slavic like Polish or Czech but my ears aren't so good.
@little5bee - if you're looking for a 'safe' dividend you're best shot at that is with both EPD and MMP. They have the coverage in spades via cash flow from operations with no need to access the market for additional capital. They both have also bee…
@VF - I know you saw it coming, sorry to offend. I asked Charles because I thought he was one of the believers.
I have to wonder though if Mr. Buffett has been right all along. Just stick your money in an S&P 500 index and go live your life. If…
@ Chinfist - IF you are primarily interested in just the major producers and have an account at Fidelity I'd suggest looking at FENY. It trades for free.
Personally I think that there's still some more downside and tax-loss selling in the works and…
Thanks Shadow. I was just curious how much of this was just pomp and fluff i.e. look at us make changes (but the fund will still suck awhile so please hang in there).
@Bitzer - you can purchase the investor share class of the AQR fund (QMNNX) for $2500.00 through Fidelity if interested. The Vanguard offering will cost you $250K minimum plus a $75 TF.
What is actually changing here other than the elimination of the supervisory and management responsibilities of New York Life Investment Management LLC? How much of the fund did that group manage before the reorganization?
Not soon.
KMI cuts dividend by 75% sticking a sharp stick right in the eyes of their investors.
http://www.forbes.com/sites/christopherhelman/2015/12/08/under-fire-kinder-morgan-slashes-dividend-shares-sink-in-after-hours-trading/?utm_campaign=yah…
Most likely. When? - Sometime, but absolutely no one knows. For more info see the story Ted posted about 3 days ago.
http://www.ritholtz.com/blog/2015/12/attention-forecasters-stfu/print/
From the NY Times - "On Guns We're Not Even Trying"
http://www.nytimes.com/2015/12/03/opinion/on-guns-were-not-even-trying.html
"Even among gun owners, 85 percent approve of universal background checks, according to a poll this year."
This is not…
FWIW - I too believe that the pipeline companies will recover when energy does. That may be an unexpected event such as the Saudi's suddenly deciding that they need more $$/barrel or similar. In any case I don't expect that the world's appetite for …
