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.
That's funny. I did spectacularly better in the GRE than the SAT. I learned my lesson with the SAT. THAT is when I realized scoring in a multiple choice test is more a matter of effort than intellect. And I'm the "proof in the pudding".
So the general assumption...
Rates go up
Dollar goes down
Emerging/International "value" outperforms
Gold does well
That's how I've been thinking for some time and I have also been wrong. I even purchased TRP Emerging Value for my MIL. My SFGIX po…
A college education is your license to F-up in real life with an excuse, and without consequences, especially if your degree is from Harvard, Yale, Columbia, etc. etc.
Regarding credit score, I remember when it was 150 after my identity theft. It i…
your girls do
As Phil Collins sings in "I Cannot Believe It's True".
They listen, but they're not hearing me, They are being too cool to be kind.
Ah, but who cares. That's the difference between having boys and girls for a dad. With a boy I woul…
I protest. They should call it Fidelity Global Blend fund. They should be the first to have the word "Blend" in the fund name! Everyone at M* will then have orgasms!
Okay, I've said this before. Do not overANALyze. My ANALysis of sudden down moves in oil, gold, emerging market funds is dollar moving upward. Just look at the chart. I use it to time my buys in international / emerging.
I thought $ was going to tu…
Test taking is a skill in itself. CHECK!
I have tried without success to explain this to my girls. The problem is the quest of this generation to "find oneself". WTF?!?!?!
I tried to explain to them a TEST comes once in your life. You have ONE cha…
Right now what it means to me is my cash in Money Market funds is earning some interest. Nothing else has changed. When it changes, it could have also happen for a variety of reasons.
On a serious note, sometimes I feel breakups are healthy. If 2 people don't want to live together, don't force them, yeah? And if they are stupid, they deserve what they get.
As a country we are already separated. Why not make the divorce official…
Here's how a certain section of the world population is interpreting this. It's designed to keep them out of good universities. If you don't "test well" now you have equal opportunity to get into universities than those who do.
Make America great a…
@davidrmoran Well, Yacktman had sons...a succession plan of sorts. After Heebner who? Yacktman added his son as co-manager long time back. It was obvious who would take over his funds. With Heebner, still no co-manager.
I think CGM gets sold befor…
@rforna. Yeah. I think, anytime now...But simply the following would do it too.
"Data Science Opportunity Fund"
"Machine Learning Strategy Fund"
"Deep and Cognitive Learning Thematic Fund".
Remember, if anyone can do it, CA can do it. I think NY, TX and CA are 3 states, if they really want to get something done, they will, and give two hoots about anyone else.
Calling all Gerrymanderers. CA needs you.
@Irwilliams - thank you for an actual answer to my question :-)
I see there has been some bitcoin theft from coinbase few years back when I googled. I'm guessing though this is par for the course. Will check with my whatchamacallit-nephew(?) if he…
Stating what I think is the obvious, a MFO visitor can click on the 'Fund Discussions" category an avoid the off-topic posts all together. However there's no guarantee that the fund posts won't be littered with political commentary.
You know you are…
I sold WGRNX in the downturn. Trying to buy it ever since, but never made it.
Evermore Global - I've always felt this fund is more hype than anything. Other's may beg to differ. I did own it briefly in the past. Be ready for many years of underperf…
Before we get too worked up...
We cannot deny the facts. Trump's bullying tactics have definitely had an effect. However, if reports are to be believed, the document signed by Kim is vague as to how he will disarm his nuclear arsenal. Now I'm even …
I can't say Trump deserves a Nobel Peace Prize for no other reasons than I've been left a little flabbergasted with some past recipients.
In any case, this is not some "world" award. Just like the Oscar's it's the opinion of a group of people. Let'…
Moderation. Off topic is Off topic. Or even get rid of Off Topic.
However, there is really only one way. Ignore feature. Those I ignore, their posts never make it on my view. If others who are not on my ignore list have replied to posts who are on …
@MJG. I was being sarcastic.
Free Advice is...FREE. People don't appreciate it. After all they have been conditioned to believe there is no such thing as a "free lunch". So instead they will pay for EXPERT ANALysis with fancy powerpoints and stati…
Married to a PhD, I can say Statistics is the tool of choice to prove something happened, or verify the validity of a result of experimentation, data patterns, etc, etc...ALL IN THE PAST.
The problem is when Statistics is used for PREDICTING THE FU…
Yeah,.... I know. Was looking for some personal expierence from someone at FMO. Google always yields a list but you can't simply go with what's written about a brokerage.
This guy does not want ETFs. I would like to think I had something to do with…
Unless I'm mistaken mutual fund team management structures are not the same. How many funds managed this way are done collectively by all members of the team? At American, I believe each manager is given a slice and manages that slice independently.…
The problem we have is labeling people. There are certain lables - like A**hole - that does not discriminate. More importantly it keeps conversation growing.
Labels like "Liberal", "Conservative", "Communist", applied to INDIVIDUALs by OTHER INDIVI…
I own a smattering of DLCMX. The reason I don't own more - and am upset because of it - is because after move of my IRA to TDA, I stopped making trades. Have begun the process of moving our IRAs over to Schwab.
Wonder how the robot articles would be "Signed". Google Robot 1/2/3...
Or people who implemented Robot should get credit?
If this is already happening, it would actually make a lot of sense regarding what I've been ranting about - the regularity w…
@davidmoran I guess based on my life experiences I am an unfair cynic
In short, Smith understood that the invisible hand is often benign, but not always.
The invisible hand is benign by accident. This notion that everyone acting in their own self-…