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.
I read the book. Not sure I trust hollywood to make movie true to the book. Still, is on my list of movies to watch. Want to watch the Madoff movie that came out on HBO too.
I'm not sure if there is some government site that tells you what happens to the money. I've often worried what happens to money collected from "paid fine without admitting any wrong doing" situations either. How much of that money actually goes to …
For disclosure purposes... I do own OAKIX, WAIGX and TAREX. Some of my domestic equity mf's have anywhere from 0-20% international exposure. My portfolio currently sits @20% international equity... enough??? Do I need 8-10 mf's dedicated to i…
@MCPO. God incarnate John Bogle has often proclaimed most investors do not need any international exposure. The logic is you are "exposed" to international economy because stocks in the S&P 500 index derive a large portion of their revenues/prof…
@bee I see what you are saying but like I said, I can tell when/why stock going up and so my fund holding that stock going up. I can "see" the stocks it owns. I don't "see" the bond holdings in my funds to recognize how they they are moving. I can't…
I have a question.
I do get the inverse relationship between bond prices and prevailing interest rates. This relationship should apply to every bond "category" as well. If long term interest rates are rising, long term bonds will fall. If short te…
I'm sorry but why is 3x okay and 4x not okay. This is a stock market and not a casino? Bull. A "stock market" IS a casino. It is supposed to be a "market of stocks" but it is not. Just like a casino is not a gamestop with games.
The house always wi…
@Sven. I really think Balanced, Target funds is all the "robo" advising that's needed. I'm frankly not sure why we need "robo" advisors. Sounds like marketing gimmick to me. Targeted toward investors who feel they are doing something more substantia…
We used to invest with Matthews who have done well for us. More recently we invest with Andrew Foster's Seafarer fund exclusively. His long term record including those from Matthews Asian Growth & Income is excellent, particularly during marke…
The only thing that remains to be seen is who is going to wait the longest before sounding the alarm on fixed income so they can say *they* famously made the call before fixed income actually starts underperforming in a meaningful. Basically, who is…
I kind off used to like Uno's. It closed shop several years back in my neighborhood though. The key is the crust I think. Needs to stay crunchy, flaky.
PS - That video shows someone dipping a nacho in the pepperoni+cheese deep dish? I think that sh…
CGMFX doesn't pay out anything, does it?
If you are asking if it makes distributions, you are correct in that it has not in a while. Then again, it had bad time some time back and probably sitting on tax losses. On top of that may not be trading muc…
I bought PLMDX in my IRA few months back because I had the same epiphany. Now that the gig is up I am going to watch it like a hawk and sell at first sign of trouble.
I do own a smattering of TRP fund for my in-laws I've been thinking should be sold. I owned Doubleline fund in my IRA I did sell few months back. Didn't seem like a wise move holding at that time. And now this...
For Asia investing Matthews is pretty much the only game in town. Other companies will have China/Japan/Asia funds, but Matthews has a comprehensive portfolio.
I invest with Matthews but stay away from the "targeted" fair. That is no Korea, India,…
What funds are you using for international exposure? Thanks.
Like I said whatever is available in my retirement accounts. I only do such ANALysis in my tax deferred accounts. My core is Vanguard 500 Index which happens to be in all my 401ks and I …
@VF
Yes, my largest equity MF, CFIMX, owns a large slug of AMZN and GOOG! ...and Davis were once "value" investors!
I made comment on Weitz on another thread, likening him to Miller. Sorry, but I think Davis and Co might fit the same mould. Manager…
I've said this before, and I'll say this again.
1) When you buy vs What you buy
2) do not reinvest dividends (especially in the Dweebners and the Dorkiwitzs)
I'm in both CGMFX and FAIRX playing with the houses money. I have the luxury to just wait …
Not sure if it is only I who found Wally Weitz overrated. Just like so many fund manager who made it big in the dot com boom. Even when his funds are heavy in cash, they seem risky.
For me he is in the same class as Bill Miller. His "value" is actu…
I acknowledge I'm not good enough to recognize the merits of investing in the FANG stocks. Especially the A.
I will just live a conservative lifestyle since I am not making that much on my investments. I'm sure some of my concentrated funds might o…
Very surprised to hear (I will not say learn because I am a COB who does not believe anything printed), people are pulling out of international and going into domestic stocks. I'm actually overweighting international in my tax-deferred accounts for …
I bought HSGFX as portfolio insurance. Well, I did pay high premiums for protection against accident that did not happen, right?
IMO, it is best to not drive insured car when you see a blizzard coming. Better to just get out of the way until you se…
I am holding SV with RYSEX, as I am not smart enough to move in and out of asset classes!
My stupid principles keep me away from companies like WF, and serial fund creators like Royce, while they have refrained of doing this off late. Still they ar…
I'm more interested right now in timing overweighting small value. Using PVFIX as my barometer. If even PVFIX is going down, I'm not touching any other SV. While I will admit, like I've said before, small+energy is actually hitting PVFIX hard.
If i…
@Mark I am NOT raising my hand. However, I would have thought at least 60% of collections would have gone to investors. If NOTHING has gone to investors, then victims hired the wrong lawyer.
I am just trying to understand how the lawyer gets $38 mi…
@LewisBraham. Given I invested in stock market just before dot com bust while my friends were buying lexuses, and then did not after the crash for fear, i came out the worse. So I can agree to "living while you were young". For instance, I dunno if …
I think market knows there are enough crazy people, so yeah. I'm going to stay underinvested if this bull market continues for next 5 years, except for my retirement accounts where I tend to be fully invested.
Did you not know you were supposed to diversify only into sectors that went up? This way, depending on the weather and time of one's calendar, the press can issue articles telling you how stupid you are for having diversified, or not diversified, wh…
I'm just tired off stupid analogies that's all. Besides why would Hollywoods actresses want to be compared to bonds?
How about Hollywood Insider publish "What does a bond market index and hollywood actresses have in common"?
And this is under "Fun…
Well, I guess apprentices deserve a chance. Then again, why quit your day job? Not sure I want to read her articles on student debt either. She just said she had a written a lot on that subject, which says nothing about how well she knows the proble…
