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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LewisBraham
Hi Hank,
Your satire came across very well. Don't worry about the user name.
Best,
Lewis
@Crash I find that the Market overreacts to EVERYTHING,
Fundamentally, I think you're right. To react to an election result without seeing what actual policies are enacted is silly. Both political parties have a long history of protecting rich peop…
PSSAX has beaten SH by a significant margin. For a while I thought it was just the bond portfolio aspect of it, but I don't think it's just that anymore, maybe something also to do with how they trade futures.
The premise is vague nonsense. It all depends really on the kind of industry and company we're talking about. Only in monopolistic industries where the dominant companies have pricing power would consumers and workers bear the brunt of a tax increas…
Infinity/IQDAX is not really a bear fund. It has performed well but there is a risk that the managers could be long securities when you want to go short in your portfolio. One of the more interesting bear funds is PSSAX.
Think of it as the inverse of investing in a bond and combine that with your current financial situation and you should figure out whether it's worth paying off. If you were the debtor instead of creditor, how would you think about the 30-year bond …
The crucial factor left out is time. How many years are left on the mortgage? Also, liquidity is not to be underestimated. A house is an illiquid asset. If you have an emergency and need cash you can sell your stocks quickly. A house you’re stuck wi…
Interesting about Geode. Regarding breaking out Vanguard's actively managed funds, the report didn't but I did ask about them. The author did send me the data on that. It is somehwat complicated though as most active Vanguard funds have multiple sub…
For some alternative viewpoints on the crisis we now face economically and environmentally, here are a few worthy of consideration:
https://globalpolicyjournal.com/blog/19/11/2018/interview-climate-change-product-how-capitalism-values-nature
https…
Interesting ideas, but still seems behind the times with regard to how the world needs to re-think economics to avert a climate change apocalypse. So lines like this from the story seem also backwards: Even so, these two innovative facilities, autho…
Regardless whether this trading system works or not, your system has little relation to the dubious contents of the posted article. I would say there is evidence that short-term price momentum as a factor works. But why it works and when it works--a…
Sticking to the original topic, as I meant no insult to any individual posters here, OJ or FD1000, I find, to be more specific, much albeit not all of technical analysis to be nonsense. I think volume data is useful in the right hands, as are advanc…
@Old_Joe Give the man credit- right or wrong he's not pussyfooting around with "ifs, ands, or buts". I've got to respect that.
Why is blind fanaticism to be respected? Belief without rational cause is interesting from a psychological perspective,…
Where is the Republican and Fox News outrage about the violent dangerous "radical right?" https://aol.com/article/news/2020/10/08/6-people-charged-in-plot-to-kidnap-michigan-gov-whitmer/24645091/
Or are we just going to get more footage of "riots" i…
To David's point, in my experience only about 1/3 of headlines journalists write are actually kept in the published article, including I would add in this "Exodus" case. Headlines are re-written for SEO or search engine optimization. Clicks are vita…
Seven Canyons is an interesting fund. My one concern with it is its level of concentration, which is by design, versus its competitors at Wasatch and Grandeur Peak. It has 40% of its assets in its top ten stocks. Of course, producing blowout numbers…
To ram through his 11th-hour Supreme Court nominee El Gran Jefe introduced Barrett to many senators who were maskless like him: https://politico.com/news/2020/10/02/trump-coronavirus-lawmakers-exposed-425026
My point is that median income increase under the current president was driven more by the top than the middle and bottom. Also, it is evident that for most Americans $750 a month into the stock market is fantasyland.
I love these fantasyland hypothetical scenarios that presume that A. most Americans have $750 extra a month to stash in the stock market and B. that the stock market's past returns will be the same in the future. Depending on which study you believe…
What strikes me as strange is the idea the Fed would forecast out that far regarding rates which are typically a quarter to quarter or year to year affair. Fed Chairs I believe have four-year terms and Powell started in February 2018, so theoretical…
Although the legitimacy of sources matters a great deal to the integrity of discussions, I think the motivation or intent of posting helps to explain whether someone is a troll or not. Many of the liberal political posts were from people who genuine…
@Gary1952 This is a quote from Old_Skeet
This is an Investment Board ... So, shutdown "Off Topic" and Ban Political Post.
I am, Old_Skeet
His express goal for barraging the site with rightwing posts was because he wanted to shut down political co…
While I think a break is necessary, it's important to remember Old_Skeet's and then FD1000's goal was to silence political discussions by trolling the site with ones from dubious rightwing sources. So effectively they've won. They had no real intere…
@Art Agree with your thoughts and that is why I will vote for Trump and not Biden. The socialist left of the vice presidential choice to far out there for me.
Where would the stock market be without socialism? Without two taxpayer-funded socialist …
@wxman123 A hilariously cliched response: "But some of my best friends are blacks and Jews...." https://nytimes.com/2019/02/16/sunday-review/ralph-northam-blackface-friends.html
@FD1000 Allow me to say, as much as you want to blame Biden for the riots, coronavirus deaths, the "very fine people" carrying torches in Charlottesville and African Americans "accidentally" catching bullets in the back from the police, Biden WAS NO…
There is ample evidence for him being a racist going way back and it goes beyond just remarks to actual business practices: https://nytimes.com/2016/08/28/us/politics/donald-trump-housing-race.html
Take your pick of stupid, incompetent, narcissistic, false and cruel things he's said or done from this rather comprehensive list of almost 900: https://mcsweeneys.net/articles/the-complete-listing-so-far-atrocities-1-889
Who has a personal favorite…
For long-term investors, which in aggregate retirement plans are, even if their individual employees may not be, climate change will have a huge impact on the investment landscape no matter what the current ostrich head in the sand chief says.
I t…
