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.
The only thing I don't compromise is food. Or maybe I do compromise but differently. I don't have $4.50 bubble tea and $4.50 starbucks latte's so I also don't have to eat at McDonalds.
I wish I could somehow pass this value along to my kids.
PS -…
@Mark. So let's keep to facts not opinions. Pizza or not? = Opinion. Garbage? = Fact. :-)
And while we are talking facts, Taco Bell does not sell food.
PS - I don't think its your neighborhood. Garbage is always garbage.
Why not just look at 10 years? I give you WWWFX, just plot it @ Morningstar. Best yet, plot it at portfoliovisualizer from 2007 through 2016. Look at all the ratios too. WWWFX according to M* I think is worse than the worst. At some point in time be…
I would just add some times people forget that the 30 day interval for both buying AND selling substantially identical fund. So for instance, I made sure I could buy FVALX at TIAA, waited 30 days to sell off FVALX at Scottrade. That's good. BUT if I…
Even if you find a good active manager .... How do you determine if it is a good time to put money into the market where good expected value can be had?
Something to think on? Yes.
Otherwise known as "when you buy" vs "what you buy" :-D
@MJG. Sorry, but IMHO there is a difference between "Prediction" and "Hope".
I leave you with one of my favorite quotes.
Statistics is a like a bikini. What it reveals is interesting, but what it conceals is vital.
However, if you are hopeful U…
I am trading consumer staples right now and still holding it. How do I get to be an expert on Barrons?
I'm in Healthcare, Consumer Staples and Utilities right now. I'm more worried about Healthcare reversing than the other 2 at this point.
For a supposedly smart manager like Mr. B, double down on a rapidly decline stock could end baby for his investors.
FYI. I never invest with Fairholme funds.
While everyone has a personal moment, I also believe most active managers that do well…
VF...this saga is painful. But, as a frequent visitor to Vegas, I can tell you that there is no such thing as "house money".
Winnings beyond your original buy-in are not house money... it's YOUR money.
Well if I double my money, it is my money, but…
I'm just trying to confirm I'm not a ninny because I'm not 100% invested all the time even with my investable assets. We can't predict stock market always goes up in the long run because that's what has happened in the past.
The reason I chose 1 u…
I used to have JORDX in this list. Unfortunately manager closed the fund. I guess it was not gathering enough assets. I would have thought $150MM was enough for him. Apparently not.
PVFIX is another fund that belongs to my list. Largely in cash for…
They have to be available NTF somewhere before I would consider. Launch timing might be perfect though, given so much news about people overweighting emerging markets. Ted's warning not withstanding, some funds have the luck of blasting right out of…
@Mark, hey no worries. You started new thread! Besides, yes, my question is sincere. I was waiting to invest in Vanguard Dividend Growth, but then saw Dividend Appreciation Index or something like that, so wanted to figure out what is best. Thanks f…
@Junkster. Surreal.
IMHO everyone should read the great 401k hoax. I can tell you most everyone my age including me is not going to have anywhere close to $5MM in investable assets at your age, and there's not going to be any pension. It is not abou…
Wondering if this is a SCAM of all SCAMs. Company comes out and makes negative comments about itself. Then a manager who has been a perma-bull on the stock buys more stock. Forget Lampert for a second. HTF does a manager buy more shares of a stock …
I own both Yockey funds, and I've worried aloud I think he has lost it. I mean not literally, I mean sometimes managers get out of sync with the times.
I've pared down my Artisan holdings as the bull market has progressed, not just ARTIX but almos…
Deleted post. I am old, single, debt free, live in rural America, and have more than enough for future needs so my holdings (now down to just two) would have little value to anyone else.
Please do share. There is always something to learn. Thin…
Vanguard has multiple Dividend funds. Can anyone opine on which one they think would be a better bet going forward? For once I would consider only buying ONE dividend fund at Vanguard not all of them :-)
Not sure how to go about this one. Sometimes subadvisors take over the fund. Like with FMI, we have PROVX and BVAOX. Vanguard hires subadvisors all the time. Not sure it is possible to make a call when it is good idea or when it is bad idea. It can …
VF, I'm curious what you still see in APPLX.
Not sure I understand your question entirely - what do you still see...? My decisions to own funds are not always performance based. If so, I would have sold it. I'm curious why you asked me about APPLX …
@BobC. Yikes. Interesting the marketing folks kept the "Global Water" moniker, just like Pictet. I guess easy to market to someone in the US who thinks, "What an idiotic idea! There are no water issues in the US". With "Global" one thinks "These com…
Just like some actors in Hollywood have a niche. Some people only act as Italian gangsters. People crave it. Similarly I think we have celebrities with "contrarian" thinking who carve out a niche to make money.
Wouldn't be first time someone think…
If there is a way to make money, rest assured M* will do it. Sadly, I believe that is the most important thing for them. We should accept this fact, whether or not there is a conflict of interest. It's always about money. They are not going to e…
Zacks... Ha. Not sure how they even exist. Their diligence on funds is absolute horse****.
Tell me about it. You know how Yahoo and many other media outlets follow the practice of interspersing "real news" with advertisements with a vaguely and bare…
Never said it was good or bad, my point was concentrated funds tend to closer sooner to preserve flexibility. Personally, I like them and own a few of them.
Sure. 35 stock IMO is not that concentrated. There are studies that show beyond 20 holdi…
Several differences between OAKIX and FMIJX.
1. OAKIX has suffered outflows and may have reopened in order not to sell stocks to cover.
2. FMI management seems to close funds much sooner that Oakmark. FMI large cap closed years ago with only a fe…
FMIJX is a concentrated fund, that's the diff.
First, I don't think FMIJX is that concentrated. Second top 5 holdings of both funds have 18-19%. I seriously don't think this should be used as a decision point on which fund to chose. JMHO.
Count…
FMIJX hedges its currency. I do not believe OAKIX does.
So help me understand. If interest rates go up, which means dollar should go down, which means everything else remaining the same, OAKIX should do better since foreign currencies would appreci…
My ANALysis made me move toward 89% invested. I base my models on 2 parts largecap and 1 part midcap. Lower caps might still be in trouble. If the market does not take out the lower lows I won't sell any more and simply wait till my models signal 10…
You really need to look under the hood at ARTZX and ARTYX. The two are managed with a very different approach.
I'm not saying they are managed same way or differently. That's not my point at all. My point is ARTZX was not marketable. ARTYZ became ma…
