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.
Sometimes being able to accelerate is not enough.
“Barabas saw the abyss too late; his focus had been only on the runner. He slammed on the brakes with both feet, ramming the pedal into the floorboard. The jeep skidded left to right, its inertia de…
@Ted, would it be possible for you to clarify the basis for your statement?
I share the concern that the managers of ICMAX - having decided to not participate in the current post-election leg of the market - have created an additional level of risk…
Correction of previous post: ICMAX cash position was at 79% - on 1/3/17 as per 4TH QUARTER 2016 COMMENTARY.
http://www.intrepidcapitalfunds.com/media/Endurance_Fund_4Q16_commentary.pdf
>> hardly seen a fund actually use it
?? Depends on what proportion and what circumstance, right? FPACX and other FPA funds are famous in this regard, but there are others, Weitz Value IIRC, Delafield a couple years ago, some others; just g…
I also was surprised by the mention of POGSX.
I have to confess that it was probably my worst investment mistake ever.
$10,000 invested early 2000 was transformed in less than $2,000 by September 2002.
It has taken the fund until June 2016 to break …
I received my allocation yesterday. Today called to schedule the buy order, but was disappointed that it was not possible to schedule a buy order for Oct. 20th. I was told that phone orders can only be placed on 20th. or later.
I was instructed to s…