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.
Does Meta build cars or other discretionary items?
With respect to the original post given the way Tesla stock has been minimizing itself the past week or so there may be no need to look for other ways to minimize exposure.
LMOPX has been an odd little fund often found cruising around at or near the top of its category or the very bottom. Maybe it's one of those funds that one plays the timing game with but that's not for me. I did own it when it first came out however…
@hank, who said "To the extent he was genuinely concerned about stalking / tracking public figures I’d have to say I also agree with the concern." I might tend to agree if not for the fact that those flights/tracking were publicaly available informa…
@Observant1 @Junkster from the Barron's article:
"Every December for the past 13 years, Barron’s has identified 10 promising stocks that could outperform the market. This year’s group had a value bent, a benefit during a year when value outperforme…
@PRESSmUP @rforno same roughly 75% in quality dividend equities (the usual suspects) amassed and added to over time, usually down times. The remainder of my portfolio consists of ETF's, BDC's and PIMCO bond funds which are used to generate the cash …
@Anna, from an article in todays NY Times:
"At a news conference on Tuesday, Damian Williams, the United States attorney for the Southern District of New York, called on “any person, entity or political campaign that has received stolen customer mo…
@B_F - were you whining and crying and wetting your pants when the Koch Bro's et.al. were delivering truck loads of funds to republicans and republican causes which turned out to be criminal in nature? Have you called for the heads of all those who …
I have no faith whatsoever in either China or Tesla (Musk) as investible options at this time or possibly ever. Both are on my ESG shitlist.
Case in point found in the NY Times today: Musk Shakes Up Twitter’s Legal Team as He Looks to Cut More Cost…
I'd like to be carefree about the matter but I've always felt that any of these financial entities could be hacked at any point in time exposing me to complications with an account at a connected entity. No thanks.
I'm glad I couldn't figure out how bitcoin or any other form of crypto was valued, other than it was worth what anyone says it was at any point in time. Thus I opted to take the path going around that cesspool.
I intend to go into '23 pretty much the same way I went into '22. That is I'll be muddling along drifting where the current takes me. I hold a good slug of dividend paying blue chips that haven't skipped a beat for over 10-25 years. I have a goodly …
By NY Times Opinion Columnist Michelle Goldberg
Kyrsten Sinema and the Politics of Narcissism
"Had Republicans won the Senate, Sinema could have become an independent who caucused with Republicans, preserving her place in the majority. A red wave…
Trumps only business acumen was not paying his contractors and laborers what he agreed to pay or then declaring bankruptcy to avoid or escape paying for nearly anything.
Assuming that non-current member is chosen as the speaker do they:
A) Have a tie breaking vote?
B) Stand as #3 in line to become president should that become necessary?
Source: Barrons
"Small-caps outperformed during recessions in the 1970s and early 1980s, when the Federal Reserve was fighting high inflation, as it is now. The group has higher proportional exposure than large-caps to inflation beneficiaries, like…
From the Hoya Capital blog:
Blackstone Redemptions • Mixed Jobs Data • REIT M&A
'Blog' reports are supposedly readable by anyone but just in case here's a snippet.
"Real estate asset manager Blackstone (BX) was in focus today after its massiv…
@YBB - tell us more about this Barron's effect please? I admit that I am no where near your level of investing knowledge and that this is a new one on me.
@YBB, whether it's "fair" to compare FCNTX to PRWCX I'll leave to others but this description is from the T Rowe Price website regarding PRWCX:
"Investment Objective
The fund seeks long-term capital appreciation by investing primarily in common sto…
@stayCalm - you mentioned "Giroux became manager of PRWCX in 2006. I don't know the exact date but from Jan 1, 2006 to present day PRWCX has beaten BRUFX comfortably."
I only wish to add a stalwart of my own to that comparison FCNTX which beats th…
@Crash - what has been a normal/usual/general amount of cash for this fund? And are they known for building up cash levels during times like the present?
