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.
VF, true. I feel the same way.
FWIW saying Buffett won't make any comment until November and after his next quarterly disclosure. Which could mean anything, something, or nothing.
I thought I had found a fund company I could grow to like. I reall…
"Ask your doctor..." is roughly translated as "Please initiate a purchase discussion with our comp'd representatives of the AMA..."
Most industry sectors are dirty in trying to gin up new business streams -- big pharma is one of the worst, IMHO.
Hi Skeet -
It's not really my area of investing interest or expertise, so my views can (and should) be taken with a grain of salt. However, looking @ its holdings at M* I don't see much in the way of investing in those Uber-like big companies that…
Looks to be a *very* indirect way, based on what M* reports as its holdings. I'm not that impressed w/it, but that's just one view.
Folks,
There is an indirect way (for the small retail investor like myself) to invest in some of these privetly hel…
SS doesn't figure prominently into my retirement planning much since who knows how much I'll get (or what's in the SS fund!) when I reach that age ... as such, whatever I might get when I do retire will be an 'extra' and be appreciated at the time. …
Thanks to David, Chip, and the MFO gang for an ongoing job well-done.
Speaking as someone who's been involved in this kind of stuff on many a mission-critical system, may the gremlins take the weekend off and your migration happen seamlessly a…
This thread in years past, and/or CapGainsValet, were quite helpful. Even if this thread was somewhat chaotic in content, that's what the search function in your browser is for. :)
This just received from Parnassus as I clicked to make that last post, so disregard some of what I've been saying here. Maybe Parnassus reads MFO?
Please accept out apologies for the late response. Parnassus does own a substantial amount of stock.…
Oh I wasn't asking to hear from the fund managers -- nor would I expect to or necessarily want to! I simply asked if there would be any statement about the WFC position given the news. ... something from their PR team probably would've been suffic…
Yes, I'm referring to PRBLX. I sent an email to their shareholder@ address but never heard back. Maybe a phone call is in order next.
I think WFC was picked up in the last quarter - they talked about it in their last commentary note in August. …
If I wanted to go equal weighting, I'd go with BRLIX and its .15 ER, low-turnover offering. Not market capped, not sensational, kind of boring, but that's a good thing for long term investors. :)
The Army rules of leadership, which were ingrained in me as a teenager/young adult, are still very much a part of who I am today. Solid guidance to live and lead by!
First computer I owned was in the mid-80s .... Apple //c, green monitor, then added an external 3.5" floppy a few years later as my 'hard disk' -- OMG all my school work for the whole year, plus Appleworks, on ONE DISK!!!
The first computer I reme…
What 'they' tell us regularly:
OMG THE MARKET FLUCTUATED -- YOU NEED TO DO SOMETHING!!!!!!
What responsible investors should do regularly:
Turn off the financial media noise machine & go for a walk.
;)
Those funds may well be run by people who bailed out of the markets at the bottom in '08/09. Trim positions, sure. But dump completely b/c of a bad quarter or two? Please.....
I'm a little miffed that PRBLX (which I hold as a large core fund position) added WFC as its #1 position recently. In terms of the fund's "governance" mandate I wonder if they'll do anything in response to this news. That decision just doesn't …
Don't forget SFGIX soft closes this month, so you might not want to wait TOO long to get in.
I'm monitoring PREMX, SFGIX, and Mairs and Power small cap to see how well they hold up in the Selloff with an intention to purchase if we go down another …
I'm not sure where to begin with some of the glaring logical fail of this article.
a) b) Do/did those interviewed/surveyed even know about mutual funds or consider them if they did? Or how OEFs might be better than ETFs in various ways/scenari…
Agreed. I haven't "raised cash" this year and am letting my various holdings ride as they will but still have a sizable amount that I've yet to find good values to put it to work on. Ergo, it remains liquid, and I remain patient ... which presumabl…
I thought the Midwest was in the Southeast? (Sorry, bastrdizing a line from 'Idiocracy')
I held MAPOX for a while but while I don't anymore, if i wanted to tuck some money away in a fund that performed like VWINX but didn't have the straight trea…
Although the article reads like a press release / marketing brochure, I am fairly pleased w/TRP's funds and approach to investing. (I hold PRWCX, PRGTX, and PRHSX) A good company!! (Giroux' comments in last week's SA report for PRWCX were spot-o…
I for one would miss the paper-based fund reports ... I prefer hardcopy to flip thru versus scroll through on the couch or plane.
Not to mention, they make great bathroom reading! ;)
Morgan Housel is awesome.(tm)
I still say many of these analysts don't know the industry they cover beyond cookie-cutter MBA financial analysis techniques. It's almost like Wall Street needed to give some of its own a job, so they found a way to g…
(reposted from my entry at the M* forum)
I sell naked puts periodically -- I did so during 2008 to great success, and will do so again if/when/as I deem appropriate or opportunistic.
However, a few reactions come to mind:
First ....
“After the g…
Yes, I liked him, too...dry, witty, mundane, and non-sensational. You don't get such low-key financial shows these days .... I guess Consuelo Mack is the closest we'll find.
I saw the interview and compared to his other appearances, I thought Charlie sounded more dogmatic about indexing than usual. Or maybe it was just how it sounded to me. But he makes some excellent points and I agree in principle with much of them.…
Check out HQH and other CEFs from Tekla. They know biotech pretty well. (I own THQ)
PRHSX has a healthy slug of biotech, as do many other health-science type mutual funds.
Agree COMPLETELY. To me, a 'heavyweight' manager does not live on TV networks or press coverage, and does not focus on raising their AUM at every opportunity....in fact, hopefully they're fairly anonymous! I hold mutual funds for the long haul (a…
That's okay. I hear next month they're launching a Phonetic Integrated Alpha fund with a ER waiver that brings the fee down to .53, which is a rock-bottom STEAL. Of course there's a 6.25% 12(b)-1 fee but who's looking? The more complex the name,…
Based on that list, I'm about 80% old-fart. But then again, I'm also 43, so yeah, half as old, but more than halfway there. :)
Good reading. And a sad reflection on where society has gone to over the years.....
There are times where I wonder if Zacks, Bezinga, and other intraday finance content providers are writing this stuff themselves or using some AI algorithms to do it.
Another day, another dire prophecy from the Gloom, Boom, and Doom guy...... *yawn*
For him and others in the perma-bear camp, "The Big One" has been coming for years. It may still take years to materialise. Ergo, just ignore market 'calls' and …
