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 think most questions should be "should" variety not "can" variety. This is no inspirational "yes, we can" thing.
Freedom of speech unfortunately includes Freedom to hate. Sometimes it might be good to know who these people are so they can feel t…
When will people realize there is a gambler in all of us who doesn't want to index? Besides in our celebrity culture we LOVE who we invest with.
Past performance is not a guarantee of future results. With index you get what you get minus fees. It'…
I think most questions should be "should" variety not "can" variety. This is no inspirational "yes, we can" thing.
Freedom of speech unfortunately includes Freedom to hate. Sometimes it might be good to know who these people are so they can feel t…
ARIVX did what it said it did. I wish it was open. I wish other people saw sense and kept their assets in the fund, then it wouldn't have to close. If you want market returns invest in index fund.
No one is saying there are only angels on Wall St. Fact of the matter is I gave up investing individual stocks only because I cannot trust annual reports. The expectation from most mutual fund managers is they are looking company executives straight…
Sorry. If you bought any of those funds in 2009, you would come out okay and wouldn't really have any reason to complain if you didn't buy the highest performing one of the lot.
Question now is how will they do next 10 years. I'm buying ICMAX and P…
A-ha, just like Oakmark did. Basically an admission they don't have ability to invest in small caps which is just fine. Focus on what you are good at.
Now if only they sold WFC...
I dunno if this is the same thing, but I tried to do something like this for my daughters' education fund. It was an unmitigated disaster. I just couldn't make it work. Market drops, tax management, etc. made it unwieldy to persist with.
One reaso…
Thanks guys. I already have Fidelity. Based on responses above I'm ready to give TDA another look. Which is also what I already said. I'll wait for my account to transfer to TDA.
PS - E*Trade on the other hand is like a WFC event for me. They have…
@VF, jeez, such a testy night. All I meant was you could do the Parnassus of your choice and add a third of whatever your favored bond fund was, Fidelity or Pimco or D&C etc.
In other words I would not necessarily trust Parnassus to come up wi…
@VF, you can always roll your own, easily.
If I could do that why would I bother being here discussing with you mugs. I have a bullshit meter and I can do ANALysis, but not Analysis. I don't expect to ever buy a stock or ETF as long as I live. And a…
I don't have that much money in Scottrade. So I'm going to suffer the move to TDA painfully and slowly. About all I'm doing is trying to make sure the funds I hold at Scottrade are NTF at Ameritrade. Any I don't I'm selling and considering buying so…
@VintageFreak: And the sagging continues...
:-D
M* Still has no clue. Shows down 2.83 today. Like Yesterday never happened. BUT YTD it shows it is still 12% up.
Why only FAIRX has this problem on M*. I think M* is waiting to publish a seriously neg…
PARMX want to sell but don't want to pay early redemption fee. They bought WFC...I'm out. I don't care how well they perform.
Unless someone tells me they saw the error of their ways and sold...
Okay, these are not "Bear Market Funds". Just word play in the article. I don't see anything wrong with buying funds that have both lower downside capture ratio than upside. Matter of fact this can become especially important if bonds cannot produce…
Fairholme's bets on Fannie and Freddie reminds me of Sequoia's bet on Valeant.
Sorry, but the situation is different here. Fannie and Freddie are profitable companies.
why does M* need to calculate the price ???
Beats me why FAIRX NAV still not updated though.
My "Direct to Fund" portfolio is not -ve YTD just because of FAIRX :-(
I am glad to hear someone savvy here has stuck w/ Heebner. I wonder if anyone is still in FLVCX, and wonder where Soviero will surface.
It was easy. Sorry to sound like broken record. When you buy these funds, don't reinvest distributions and then f…
For what interest it holds. Wonder what the next conference call will sound like
http://www.fairholmefundsinc.com/Documents/PublicConferenceCall20161118.pdf
This is an old article. Look at the date. I sold DEFIX because it became too volatile for me. Was a good decision for a while after which it of course, it did spectacularly. I transferred its holdings into AUXFX. I will wait patiently for years befo…
Very nice. I've been tracking XLE to try and trade (through a mutual fund of course). FWIW if this consolidation resolves and my ANALysis tells me to buy, i will announce here.
Damage to FAIRX today is 12.98%.
Basically back to square one YTD.
Yikes! Haven't found any capital distribution news.
Why would this trigger distribution? You think Jerky Berky will sell? No way. Everyone needs their WAMU. He will keep fighting.
I am a FAIRX holder. Till the DEATH! I take my money and run every time. Like I've said before, I've never been to Vegas (which might change this year). I live on the wild side with the house's money in CGMFX and FAIRX.
I was just trying to get an idea based on my time horizon. I do own some balanced funds (ICMBX, OAKBX, GLRBX) today but not adding to them, fearing the worst. Purchased some alternative funds instead like MASNX and WMCNX.
By making up scenario I d…
@bee, so are we not supposed to underweight bonds now? i'm forever bond challenged. Is it possible to project with some level of certainty if interest rates went to 2% and then stayed around 2% for another 2 years, how will intermediate bonds perfor…
@DanHardy. What I am talking about is our intelligence agencies found it prudent to leak info on what Trump / aides are doing. Dismissing it as partisan IMHO is missing the point. If Obama used the FBI, then Comey messed up Hillary. Our intelligence…
" What I am talking about is our intelligence agencies found it prudent to leak info on what Trump / aides are doing."
Is that really the proper course to take? Leaking to the NYT and Wapo? If they felt it was so important to tell someone then th…
BTBFX manager owns the fund. WSBFX manager does not own the fund (but he owns other Walden funds...). WSBFX also seems to have underperformed a tad bit. There has to be something regarding mirroring all funds across Boston Trust and Walden.
BTBFX i…
@DanHardy. What I am talking about is our intelligence agencies found it prudent to leak info on what Trump / aides are doing. Dismissing it as partisan IMHO is missing the point. If Obama used the FBI, then Comey messed up Hillary. Our intelligence…
