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.
They should hang their head in shame and find another profession and do something useful with their lives to benefit society.
Generally good advice for those who suck at their jobs. If you try to help people, you will only succeed. Well, mostly.
@LewisBraham. It is ANALysis. Of a different kind than mine, but still same category :-D
As long as you don't marry it and have horrible children it is what determines portfolio returns in both up and down markets. The lowercase version NEVER worke…
Finally! Someone talking some sense. It doesn't matter if one does not agree with every reason provided in the article for making this argument.
Unless you are invested with absolutely incompetent manager over the long run it is going to matter did…
My current investment themes are technology and international. I'm thinking of buying VINEX to replace OAKIX and complement VWIGX.
Hmm...in an extended market you are buying small cap instead of large cap international. Please tell me why. I have op…
Hey wait a minute, now. Why do you take microphone every other month telling everyone how silly they are to not invest in index funds? And now that everyone is doing what you have long lamented about them not doing, are you feeling guilty index fund…
@catch22 Yeah, I have held VWELX for a while. I don't reinvest distributions so I don't have compounded return, but cannot complain. Didn't realize Vanguard funds were NTF anywhere. I do have a Vanguard account.
I'm really surprised that one of my very long-term investments, Franklin Mutual Global Discovery (MDISX), made this list, with an eye-popping outflow of 16%.
It has a great long-term record (even though Michael Price is just a fond memory). Soli…
Ok, so who's buying at these levels? I'm sitting on a little bit of cash and unsure what to do. I've been told that if you are unsure what to do - do nothing when it comes to investing.
My ANALysis models just said I should be 100% invested. So I'm …
I thought the bond bull market is over and falling rates cannot buoy bond prices like they have for the past several years, over the next several years. I do own GLRBX which is more bonds than stocks like VWINX. One can make the argument VWINX is be…
Always hard to spot mistakes while you are making them. Sometimes your "mistakes" can make you rich. It is not a mistake unless you don't sell :-)
I wish there was a way to tell 10 years from now if Vanguard Growth Index returned X% and Vanguard Va…
This is why I want adequate emoticons on MFO, so I don't have to explain my jokes or my sarcasm separately :-)
When only colored folks in the inner city were the drug addicts/pushers/etc. we had mandatory sentences to put them in jail highly dispro…
Two thumbs up. Next, eliminate mandatory minimum sentencing. Now that people of the correct (sic) race are suffering hopefully that will happen.
However, I wonder how you can sue the drug companies and not the doctors who shill for those drug compa…
RSAFX and SEEDX have announced their closing. So put in sell orders for both. Buying two funds I've been waiting to buy, GAVAX and WHGIX. GAVAX I used to own before but had taken profits. Gave up trying to look for better entry point. The proceeds t…
So, @VintageFreak
Your ANALysis indicates that healthcare has run its course for now???
No it is still good. I just have strict buy / sell discipline. This is a trade for me. I sold FSPHX because I don't fight the tape, but I still hold VGHCX.
Thi…
Well I got out of SCMFX because it was obvious I let myself be hoodwinked. SEEDX I decided to give more time. At least it provided some returns YTD. Already put in sell order. At least I opened a position in MOATX instead of giving additional money …
Why would you pick one fund to make this argument one way or the other? Since when did Longleaf Partners closing become the harbinger of good or bad returns? And if it doesn't why write this article? Why wouldn't a fund close in a bull market when i…
But ciovacco capital frequently does this. and as far as I known them which is only in the last market, they are using charts to make the "bull" case and actually making one feel sanguine. So what is okay one way, should be okay the other way too. N…
@Bee. since I studied electronics in my undergrad, I like your capacitor analogy (this is not ANALogy) since capacitor provides a useful purpose. I'm questioning why this article is under fund discussions and not OT.
Are you freakin kidding me? They were never able to outperform their benchmark. The initial excuse was always the first few days of trading where they started with a disadvantage. They never showed they were worth their mettle. And now people like m…
I didn't think this was atypical. Even when providers "lose" they do so by paying a fine without admitting wrong doing. Which means they win or they "win".
Companies and individuals should frankly take responsibility. Why are company executives goi…
Stupid Question number one. Okay, may be more than one.Take India for example.
It owes us 130B, we owe it 118B. I'm guessing this happens because the point in time when debt was issued OR maybe we just loaned them money OR maybe they just bought U…
@hank Yeah. So in the 90s active managers did well too. In fact some did really well throwing darts. What's different this time is the 10 year numbers after last bear market are not flattering to active managers. IMO, that's caused the "surge". Howe…
I didn't know anyone was worried. Oh wait, article published so now we are worried. Just like trickle down economics is good for us. Because they told us.
Really, WHO is worried about indexing? I want names.
Jokes aside, we simply can't be like deers caught in headlight. It is not too hard to get out. My 401 did NOT get decimated twice by 50% only because I got out. It is not about getting out at top and getting back in at the bottom.
We don't need bloomberg to tell us that right? Index investing is momentum investing. By definition you are buying more of the stocks that are going up and even in down market you are buying more of the stocks that are going down less. Value Indexin…
I hope all my active fund managers have access to insider information and provide good performance. If analysts are covering the stocks, everyone should have the same information, and while one Analyst might predict stock is overvalued and another u…
@hank I didn't say that. I was trying to interpret earlier comment. Regardless now you know my problem with bonds. There seem to be more shenanigans going on in the bond market. Mortgage Backed Securities were after all bonds, right? Stock manipulat…
Thank you Preet Bharara for doing such a wonderful job prosecuting.
A total failure.
I think we may be a little harsh here. So called "white collar" crime not getting punished is old news. Blame both parties and government first, not one single lawy…
I just initiated PVSAX position in one brokerage, and then sold all holdings in other brokerage. Lot of profit I expect to offset with tax loss in HSGFX in 2017.
Putnam seems to have some good funds, but then some rank bad ones. This is useful news…
75, it says
I made quite a lot with him and feel extremely lucky to have gotten out when I did
Hmm...I would seem he has stayed at 75 for long time. I'm going to dig deeper.
@VF
Thanks! Enjoy your Holiday weekend! I bet your wife enjoys your ANALysis too!!! Stay safe!
NO. She will divorce me. She has a PhD. She can spot people who speak from their behinds all the time. I got lucky.
@billr. Okay so a long-term bond fund buying this long-term bond 29 year after it was issued is still investing in long-term bonds but can actually court less interest rate risk? I
