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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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Mark

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Mark
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  • So they are. Thanks Scott. I suppose I could have spent more than two minutes checking them out. No thanks to BX, I like my investments to be quite a bit more transparent than that. KKR hasn't always been the model of corporate credibility either to…
  • Ted, do those two groups hold MLP's or are they just alternative investments that you find value in holding? Also, what is/are your objection(s) to holding MLP's? Why do you feel that they are not worthy of investing in? Just curious to hear your po…
  • John, if you are interested in what the ownership of MLP's might have done for you should you have ventured to buy them I encourage you to read through the attached M* thread. I have owned them for a number of years with beyond my expectations resul…
  • @LLJB - there is a monthly running TA thread in the M* discussion forum of Fidelity Investments. Some pretty bright folks in the ways of TA hang out there and share willingly. You might pose your question there as a newbie and see where it takes you…
  • Skeet, read the last sentence of my post. I still say your posting is salty no matter how you try to justify or rationalize it. End of my participation in this matter.
  • Old Skeet - I might be off the mark here but how is your posting of Mr. Rowland's article here any different than Teds posting of the Barron's articles? Granted you don't show the graphics that come with Mr. Rowland's weekly emails but to me they ar…
  • @LewisBraham - I believe your point is entirely valid and hopefully MFO will take the necessary steps to end this practice.
  • Dear Prof. Snowball: change a thing and I'll drop you faster than my ex-wife. Each month I ask myself "How is he going to top this?" So far you have never failed to do so. Party on Garth.
  • IMHO if you want to invest like Buffett, then buy BRK. A or B. Screw all this other nonsense
  • Ted - you should know me better than that. Slick - thank you for your thorough, generous and helpful counsel. You reminded me of a few things that I intend to bring up at my next meeting.
  • Someday maybe. Always has, always will. I don't read articles like these anymore. Waste of time. One persons slanted opinion amongst many. Have a plan and a diversified portfolio to go with it and carry on with your life.
    in crash comin'? Comment by Mark July 2014
  • @ Junkster -see above. The only email I have from you was in reference to a precious metals thread. I sincerely didn't mean to offend. Honestly, I thought that cat was out of the bag when you made a few posts using your real name.
    in ? for Junkster Comment by Mark June 2014
  • Deleted by request. Sorry I didn't catch it earlier. My apologies. I've said before that I don't come here often and was not aware of the original request.
    in ? for Junkster Comment by Mark June 2014
  • IF it's money that will absolutely be needed then RSIVX or similar is the way I'd go. If you put the funds in on Monday would you be able to handle a 10-20% drop on Tuesday? I'm not saying it will happen but it could. Also index equity funds tend t…
  • I get that and understand. Your also welcome for my small contribution to your investable wealth. Are your stops mental or do you have a good relationship with your broker? See, when I go out hiking it's for days on end with a backpack and no speci…
    in ? for Junkster Comment by Mark June 2014
  • Maybe if you never saw it on Facebook, Twitter, Instagram or YouTube then it never happened.
  • @Kaspa - I'm trying to think of any reason(s) for investing in HDV. However, it concerns me when this portfolio pays out a dividend of only 3.06% while 17 of their top 25 holdings yield more than, or equal to in one instance, that on their own. 7 of…
  • Whatchu mean now Willis! Mine have been paying off for years.
  • @Accipiter - I really liked Moonrise Kingdom but loved Beasts of the Southern Wild. @Maurice - just finished "Life" by Keith Richards. Maybe we should work out a swap. Other recents: "One Summer" by Bill Bryson, about America in 1927. Totally abso…
    in Summer reading Comment by Mark May 2014
  • I know, I know! Stop asking to borrow money all the time. Works on dad's too.
  • Geez Vert, I must be incredibly dense or just plain dumb. Probably both. Anyway I just thought that cman's initial comment was a simple analogy and a darn good one at that. Preying on people's fears is almost always a definite gotcha.
  • Old w(h)ine, new bottle. The simple truth is that most people invest emotionally rather than factually. They also have bills to pay. Has anyone here put aside any investment with the intent of leaving it there for the next 20 years much less 30? May…
  • @Scott - Does the new CEO of Glencore give you pause or change your investment thesis at all?
  • Some things bear repeating.
  • Gee MJG, you are only about 50% off base in your comments. Not bad. I do think that this has been a good discussion so far w/o the alluded to name-tagging ad hominem or otherwise. However, I also think you are attempting to distort both my position…
  • End of discussion. It's President Obama's fault. Thanks for clearing that up. It is issues in the state of Nebraska and it's courts which are the current cause for a delay in the decision making process.
  • Definitely sure that I am adamantly neutral. While I would be opposed to a pipeline through Yellowstone National Park or other environmentally sensitive areas for the most part I consider pipes as the better way to move the resource versus rail. Of…
  • Wouldn't that be nice and I dare say if that were the case there would be little controversy. However, and with all due respect, you need to do a little research on where this pipeline is going and also where others have gone before. Many, many, man…
  • Sorry John. it's not a virtual pipeline. It travels across public and privately owned land areas. Not sure what your point is.
  • Other than rono, who we all know is certifiable, do those of you who invest in gold do it because you think holding some is prudent, or do you just trade it, or collect it because of it's shiny good looks or what? I like the panda's and koala's but …
  • I'm neither strongly opposed nor strongly in favor of the Keystone pipeline. I do think that if it is going to be built that careful and thorough consideration should be given to it's placement or location. It's merits are not as glorious as it's ba…
  • David, the ball game is way more important. FWIW I don't recall you making any deadline promises when you started this journey so I've just come to expect you when you get here. Coffee is always on and/or the bar is always open if you prefer. Have a…
  • One of the oft-cited reasons used by pipeline backers is the supposed safety of pipeline oil transportation versus rail car transportation. Usually these claims are backed by photos of fires and train derailments meant to shock and scare. It works b…
  • Got snow yesterday in the winter that seems like it will never end. Since burning cash for heat is highly inefficient I went even sillier and took down a position in GLPAX. Load free and NTF at Fidelity.
  • @cman, yes I realized that right after I posted it upon re-reading your original comment. My apologies. My experience(s) in this arena has undeniably been enhanced by dare I say computerization of research, data gathering and transaction convenienc…
  • A little information for your arsenal: http://news.morningstar.com/articlenet/article.aspx?id=644443
    in PCI and PDI Comment by Mark April 2014
  • * I have edited my original post to reflect my misreading of cman's post above.* cman, while I won't speak for the others I can tell you that my portfolio is diversified across a wide spectrum of industries and categories and has increased rather t…
  • No arguments from me either mrdarcey. I started the same transformation roughly 8-10 years ago and couldn't be happier about it. Since I've initiated the plan my annual total return on my individual holdings has been 2-4x greater than my mutual fund…
  • A few: "A fool and his money are soon parted." "A penny saved is a penny earned." "I only buy stocks that go up. If they don't go up, I don't buy them."
  • @Joe - not interested in that throne man. I'd rather take over the one at your summer home as you no doubt know.