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.
@LewisBraham - I'm willing to bet your next years income that the vast majority of Ukrainian citizen investors care less than squat about that prospect at this moment.
This statement from @Observant1's link just slays me: "Meta, the parent company of Facebook, dropped roughly 25% Thursday after reporting mixed fourth-quarter earnings. That shaved $200 billion off Meta’s market value--an amount greater than the ent…
I use almost exclusively Apple products. I have had no performance issues since 1986 when I bought a Mac+. Currently I am using an 11-yr old MacBook Pro that is slowing down when web surfing but the new model(s) have no issues. Yes, I finally upgrad…
Last year it was SPAC's, this year it's META Neither made sense to me and last I checked SPAC's flamed out horribly and not in a good way. Zuckerberg can change the name all he wants but that face will stay the same. I'm inclined to think that the c…
With the Q's down 10+% for the month AND ARKK arguably invested in the most speculative issues within them is anyone really surprised that her fund is being crushed as it is? Do you give her credit for sticking with her investment thesis like you do…
I wonder how Pennsylvania senators and congressmen voted on the BBB bill. It seems that there's a vast majority of support for it amongst the voters across America, just not with republican legislators. But yes, use the money wisely and track how it…
@hank - about that gold, I don't get it either which is why I tend to stay away from the metals and miners. This coming from a guy who was going to buy the miners on Monday for a trade. I must have seen a different bright shiny object on my way to d…
I believe that they remain quiet until they've made all the trades necessary in their accounts so as to ride out the coming storm produced by their announcements.
I was in agreement with @rforno's earlier comment re: dead cat bounce. I sold out of the last remaining so-so positions I had and will now wait for Ms. Market to chart a course.
Jason Zweig, WSJ:
"I don't know whether we're on the cusp of a cataclysmic decline, or whether this is one of the market's normal see-saw rides.
What I am sure of is that after two years of being cooped up at home with nothing to do but stare at m…
I don't see the rationale for holding both myself. They each appear to be large blend funds with similar sector weightings even if the exact same stock does not appear in each. Are there differences in the funds investment policies or goals? Admitte…
@BaluBalu - I did but I was in before the huge run up and out in May 2021. There were others. Although I agreed with her "disrupter" thesis it was strictly a momentum trade on my part. I still think the disrupter thesis has merit but valuations are …
Jason Zweig, WSJ
THE INTELLIGENT INVESTOR
"What the Hell, It Is Going Up Anyway"
"My column last weekend, How a Flood of Money Swamped Cathie Wood's ARK, looked at how the billions that poured into the ARK funds might have impaired their returns.
…
Look, I wasn't trying to make any point other than I already hold a real estate fund. Period. RQI isn't for everyone anymore than CPREX is. Also I don't expect any one particular fund to repeat one year's performance anymore than I expect it to boun…
The difference to me is that I know the real estate holdings held in RQI. I don't know anything about the 'private' holdings in CPREX. What can I say.
And of course there's that little matter of a million dollar buy in.
I sold MGGPX because I felt the funds strategy had taken a hard turn. I'll get back in possibly because I like their manager but only if their compass gets repaired.
Well it would be super if #2 would go away at some point but that's just the old hippie in me. I realize greed and egotistical quests will always hold sway.
The Intelligent Investor by Jason Zweig: The Best Investment for This Coming Crazy Year
As the money manager Martin Zweig (no relation), who died in 2013, liked to say: “The markets will always do whatever they have to do to screw over as many peop…
When I look at the portfolio for MGGPX/MGGIX I see that their tech component consists of primarily those 'disrupters' many managers have taken a liking to. I'm just thinking that could be part of the reason the fund has hit a recent rough patch. I'm…
Food for Thought
Edited to add: Pay attention to the chart of dividends paid out over time. It goes without saying I hope that the biggest dividends are not always proof of the best investments.
So could it be said that D&C (along with other alternative strategy funds/management teams) are adopting the David Swensen Method to portfolio construction?
