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.
guys come on. taxes are on the way up. minimum wage will be kept depressed. rich will keep avoiding taxes. where is the revenue going to come from? remember, we also have to pay for congress' healthcare and pensions plans EVEN after they leave congr…
There are a lot of "boutique" shops whose managers made their name in good markets. Janus was the main mistake. I've just stayed away from the Thornburgs, Brandywines, RS, what not. I think TRP Emerging Value fund might be a safer new fund bet in th…
Couple of questions
First, Artisan has an Emerging Markets fund that has sucked up the place. Now, I'm a big Artisan fan but even I never owned this fund. We need to accept that however good a manager/company is, they just may not be able to replic…
VintageFreak, when I called Bruce Funds to inquire if the fund was available in Texas they said it was.
You can't be serious! I kept looking for years only to be told it wasn't for sale in TX. Why did no one tell me :-(
In any case, I'll only buy a…
So let me ask this. We keep hearing about all these fines. How we do know they are not just bribes? Where does this money go?
If some bank was fined some billion dollars because of some XYZ thing they did, then does this money go toward compensatin…
Sold JORDX. Manager not interested, I'm not interested.
Sold LSOFX. Manager in Jail, I bail.
Actually, let me cull the BS. Bought a car with the proceeds.
Thank you all for letting me understand why exactly i drink scotch.
On a more serious note, the comment on life expectancy and how much one ha saved is telling. there is little point in being miserable and old at the same time. Money will not make …
I thought cops stopping people on the road and randomly seizing dollars was a fluke. Like I keep saying - degeneration of society. Where is that rocket to Mars when you want one?
I'm confused. I shouldn't make too many transactions over $10000? Or I shouldn't make too many transaction under $10000? I thought the original article is referring to someone who made too many deposits under $10000. However too many over $10000 get…
Funny stewardship. Good to limit assets, but better if SAI is more specific than "management owns less than 1% of fund shares". Huh? That could mean anything including they don't own a dime.
No management ownership = No Sale for me. I continually t…
You know what I would do? Instead of blindly giving to charities I would try to directly fix systemic problems. Find deserving candidates who have run up student debt, interview them, and bail them out.
If I had that kind of money, I would want to …
Okay, so why suddenly I see JOHCM funds being mentioned all over the place? I never heard about them before, and I mean even on the boards and now suddenly they are being mentioned all the time. Any (good) reputation to know about?
So i was looking into Event Driven funds. This one is available No Load at Schwab. Any insight into it. I just started thread on FARNX separately.
What's so special about "Event driven"? I mean lots of people in their prospectus say they look for "…
Why do soe people who havw demonstrated they cannot do their jobs gdt hired to do other jobs. Or is it the same job?
It wouldseem the investment managemet, pretending to do it, or writing and talking about it, has been the place to be over the las…
Sorry if i am lost. Once a distribution is taken from a tax deferred account, taxes are owed on that distribution. You van use that money to buy scotch or put it in an eligible ira. There cannit be any direct transfer and who can tell where a dollar…
Okay, so lots of people ask this question, but first ask yourself another question. Will you really hold this fund for 35 years :).
Also, you mention low growth environment for 35 years...we HAVE to be more confident than that. Regardless...
IF a…
The article should add...."close funds and then NOT start new ones". One of the reasons I quit Wasatch is because they didn't know when to stop? Then they gave birth to Grandeur Peak and IT does not know when to stop.
I own one Wasatch Fund and on…
I've had this happen to me.
First let's convince ourselves, bad characters present in every profession.
Also understand that you need a paying customer keep coming back again and again.
I had this happen to me and only found out because my sister h…
I just don't want him starting another fund. I'm good with his motivations. I just don't want to learn he started more funds later. SFGIX to me is like MAPIX and MACSX. I don't want him doing a MAPTX etc. One fund is good.
Carlyle Group had close ties with the Bush family and maybe the Saudis I think. Anyway, here's the wiki FWIW
http://en.wikipedia.org/wiki/The_Carlyle_Group
That's always a question. What is "better"?
Some study showing over past chosen number of years they performed better? Certainly one way to sell something
Simply selling them as a diversification tool, i.e. if you have index funds and/or closet in…
Is he allowed? I dunno if he just F'ed up or did some fraud at his former company. Or I'm guessing there are no regulations that need to be complied with when starting and hedge fund, as long he gets people to give him the money.
I just had one question. The intent behind that article by Merriman? Should everyone who has their money in target funds move from Fidelity to Vanguard? Is that it?
Excerpt:
But Fidelity, which has the larger share of assets, charges its target-dat…
I don't think GMO has any "retail" funds. Why are they making their "research" available to public at large? To influence outcomes of financial markets?
Also they need to stop this "relative return" BS. You want to predict a number, just predict a …
Curious why he would not disclose if he continues to purchase shares of his fund. He does have a $1M in it. So answer either way wouldn't have mattered much in my mind. I am an investor and would have appreciated if he answered the question.
Or is…
"...The film was not screened for critics, and 20th Century Fox was accused of "abandoning" the film. Dan Mitchell of The New York Times argued that Fox might have avoided promoting a film about low-intelligence dysgenics so as to not offend its vi…
Hmm...Isn't the manager who hit the cover off the ball at Nuveen Tradewinds something? KGGAX has sucked up the place.
I get more and more convinced everyday 99% investing is luck. We should stop expecting too much from managers. We should really …
