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.
No one in their right mind would ever believe that 45 stepped away from his business/company. He's way too much of a control freak to ever let that happen. He certainly could say that he did but that would only be when it comes to blaming anyone els…
My bitch Lewis is that even to this day, despite the clear wording of the Declaration, white males are considered and treated like they are more equal than all the others. That imbalance extends to housing, healthcare, employment, opportunity, wages…
Erlend Kulander Kvitrud - he's not wrong, while I think that @LewisBraham definition of how at least this liberal thinks of freedom could use some work. He might start by building off the Declaration of Independence if indeed it needs to be modified…
Did you notice that their monthly distributions fluctuate depending upon their returns? Also notice that the bulk of those distributions are comprised of long-term capital gains. If you're okay with that then I see no reason to not go forward. (As a…
Hopefully nobody is delusional enough to think that a manager can hit 100%+ increases in share value year after year after year. I also hope we can agree that last year was a bonker of a year that none of us saw coming and I for one hope to not see …
I don't know if he's right or wrong but it seemed to me that the only reason he believes that Ms. Woods will face plant is because other fund managers have done so. Then we have managers like Peter Lynch, Will Danoff, Joel Tillinghast and probably a…
@JonGaltill - I started investing in the ARK funds mid-2020 so I guess you could say that those are the ones I like. BUT, the Fidelity offerings are new and some folks are just more comfortable with mutual funds v. ETF's. Here is what Fidelity is of…
For those who are interested Fidelity has a whole handful of Innovator mutual funds. You don't have to go with the ARK funds. Or is this whole technology innovation thesis wonk? Your choice.
There's a bit of truth to that BUT that income level is based on their 2019 tax returns. The question becomes how many of those folks still had that level of income in 2020? How many lost their jobs and are still w/o work or are working for far less…
I highly doubt that any of the individuals still looking for 'decent' paying jobs, hopefully paying more than $15/hr along with some benefits are going to be worried about whether or not to buy some 'more' real estate or crypto as a result of receiv…
Lewis I agree with you and we could could apply those standards across all manner of companies and/or industries. I'm of the opinion that the chemical and drug companies are the most egregious offenders but that's just me. On the other hand I am str…
@LewisBraham and @davidrmoran - Who is confused here? There's a lot of negative innuendo in your comments above but hopefully we demand the same from all technological innovative focused funds and their managers. In fact we should demand that of all…
I had no trouble accessing the link as posted. I thought it was quite informative given the tsunami of negative articles on her recently.
She had a mentor. so what!? Many professionals have a mentor pulling or moving them up the corporate ladder. T…
Sven - my thoughts with respect to the ARK funds is to know what you own. I think that Ms. Woods is on the right thinking track but I advocate neither for or against ownership by the masses. It's an equity like any other out there. To each their own…
And what article would that be and what is the basis of proof? The ARK funds trading records are available on a daily basis for those who would like to see them.
My situation is very similar to Ben's. Outside of IOFIX I own nothing but PIMCO CEF's and I'm operating on the principal that if it's not broken then don't fix it.
My thinking is with rforno on this one. I hold nothing in a dedicated foreign fund leaving whatever foreign stock(s) I hold up to the judgement of my mutual fund managers. I don't bet against Buffett but I do hold a more broadly diversified portfoli…
I see it more as just a move out of the CEF space. I've no clue as to whether or not it's market related but if I see anything on the CEF boards I'll relay them.
@Sven - has he ever actually made a statement about the inclusion of Apple into their portfolio. I try to be up to date on their thinking but I might have missed his musings.
