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.
Reply to @cman: Possibly in the same way US companies relocate their production to EM areas of the world...Ford most advanced assemble plant in Brazil for example. Check out the plant:
Camaraci
Japanese companies (Toyota, Sony, Mitsubushi, etc.) …
Disruptions are relative. Over the last 5 years I have experienced a number of infrastructure disruptions....2 days without water and 10 days without power...both due to weather related events. I'm also old enough to remember life being a lot less w…
Reply to @MOZART325: That's exactly the proposal of this research paper...they call it frequent batch auctions.
From the initial post:
..."we show that frequent batch auctions eliminate the arms race, both because they reduce the value of tiny speed…
Reply to @Dennis1: I've bought and sold many cars...never received a tax credit...did I miss that? Can I now claim it as a donation to a non- profit?
The new motor vehicle taxes will be monitored and reported directly to taxing agencies from the c…
From your article:
“When you buy a car, you pay a sales tax of 6 to 8 percent, depending on where you live in Pennsylvania. That's $1,200 to $1,600 for a $20,000 car."
In CT (where I live) not only does the first buyer of a new car pay sales tax o…
Just curious...did you consider financing? I know the rates are really low, but financing may add additional costs... for example certain required insurances that you may not feel you need now that you actually own the car.
When people ask I am a …
Reply to @MikeM: I think OAKIX is a great way to have a little sake with your European dinner. Herro is an active manager which has worked positively for the fund's performance.
I also like MAPIX exposure not only to Japan (was 10%...now 24%), but…
Reply to @cman: For me, the bigger question is: How do we tell these Big Boys to get back into a row boat after letting them build and operate submarines?
Using another analogy; once we post the speed limit (on orders), how many cops will catch hi…
My experience with TRP funds has been that the managers have successfully balance upside performance with downside risk. A number of managers have left TRP this year and I don't know how this will impact these factors going forward or what it says a…
Reply to @cman: Good point Cman...BBRY up 18.7% YTD...I have owned it for over a year and have not added to it, which equates to a (-84%) underperformance...ouch!
Reply to @mcmarasco: Here's two eft suggestions using this mutual fund to etf converter site. What I like about Vanguard etfs are that they do not have trading fees on many etfs through their brokerage.
Use this converter to search for other etfs …
Reply to @gk3105gklm: Nice fund performance. Thanks for mentioning it. ER is a bit higher than average. Interesting managers...more science than business backgounds. Bit more Mid/Sml/micro cap exposure especially in the healthcare and energy sector.
Thanks so far for all the comments everyone. For those that aren't familiar with Mark's reference to Pony Bob, here's the link.
Mutual Fund Leaderboard
CAMAX is exhibiting high momemtum this week.
If one was lucky enough to get into this fund ju…
Reply to @msf: Opps...my bad, hope the $15 bucks covers any sleepless nights and fatherly converstions the managers (father / son) share for the benefit of us holders.
By the way might Bannedfromboggleheads have renamed him/herself here at MFO? Ha…
Reply to @Maurice: I open my first hsa with Bruce Funds. It's only investment is BRUFX which has a low ER (.75) and no additioanl fees. Nice long term performance. Here it is compared to CA (conservative allocations) and MA (Moderate alloatiom) fund…
"Or go gutsier. If you are tough, you might try emulating one of Mr. LeBaron’s most successful techniques at Batterymarch, where he ran a contest to see who could pick the stocks that would perform worst–not best–over the next year.
“It’s harder th…
In related News, the CFTC has increased oversight regarding the "games" investment banks played with commodities and metals.
bloomberg.com/news/2014-01-17/deutsche-bank-withdraws-from-gold-fixing-in-commodities-cutback.html
Reply to @MaxBialystock: I admire your discipline to reallocate...this is something I have to remind myself each time an investment surprises me with some out performance. PRWCX is a "die and hold" position... adding to it is always a reason for ack…
A good multisector bond fund is worth it's weight in bonds. A manager that can navigate the all kinds of risk and identify unloved and mispriced securities. Dan Fuss and so many more...
MFO comments:
mutualfundobserver.com/discuss/index.php?p=/discu…
If $1550 is the rally point could today's price be considered at a 20% discount to that level. Louise Yamanda see $1000 level for gold sooner than later, but I try to keep this in mind from R . Nusbaum:
"gold does have a tendency to have a low corr…
Reply to @Heathbob: Do you have any favorites in the micro space.
I own BUFOX which seems to focus on the tech sector...
Another impressive microcap fund is Essex Sml / Micro, MBRSX, focuses a bit more on healthcare sector and is off to another s…
Reply to @cman: Agree with many of your points, especially the divergent performance of these two sector funds and their persistence to move farther and farther away from one another over longer time periods.
I guess I am trying to figure out ways…
VWUSX, Vanguard US Growth Fund was a bummer of a fund... dead money from 2000-2014. It was kept on life support by Vanguard by incorporating it in VGSTX, Vanguard Star, which is a fund of funds.
Not sure of the strategy here, but I will pass.
Reply to @cman: I agree that in a single investment one day up and the next down does pretty much cancel out, but what about coupling funds or etfs and managing the volatility on specific days when they move opposite one another?
One strategy I hav…
Good points in this article.
I would add that positioning these "equity investments" inside a Roth IRA eliminates future income tax on distributions avoiding "portfolio losses" due to RMD (@70.5). Required Minimum Taxable Distributions at the wron…
My investment challenged friends call this tax refund their force savings account. I reply,
"O.K., but please don't blow it the moment you get your paws on it."
Of course they do...and for that moment they seem happy.
Hi JohnC, I gather you are closer to the Asia market than the rest of us here. Where do you turn for Asia News?
Have you frequented this site?
" ...rising inflation without a concomitant rise in interest rates is very bullish for stock markets. Gi…
