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 manger has very strong science background, so far the perfoormance for both existing funds are excellent.
We do know every fund manager in the dot com boom had a technology background right? :)
I'm just saying the odds are against the manager …
-- and welcome back, VF!
Thanks heezsafe. I'm having some excellent bad luck. Maybe the "car" reference above might be an indication of my psyche. I had dissappeared for some time several months back and again recently for same reason.
Last time. I…
So I finally read that link.
Now, I'm not suggesting the need for a Kafkaesque regime or anything. However just like we wouldn't argue much about whether it is a good idea for child to have a gun (and regardless of whether the child knows how to sh…
I read that article. Maybe I'm not getting it?
It is Intuit who is responsible to keep the tax code complex? Really?
Now it is true if the tax code was not complex, Intuit might never exist as a company. However of all the issues with tax filing …
heezsafe, i guess I'm not smart enough to understand what you are saying, or if it was joke, or if it was a jibe, or whatever. I also don't know whether you are talking about my imagination or Bernanke's. It maybe because I was not born Texan. I am …
The real news to me is Eventide itself. Has been riding Healthcare and small caps to hefty gains. Almost seems like mini version of Janus of the 90s. Time will tell if it is competence or just happened to hit the sweet spot. I'm assuming it is the l…
Say Mr Ruffles, why did you post this link? House rules state that you must add some value by adding your own thoughts on why you post a topic.
Come on now, Maurice :)
There are far more serious offenders to this spoken or unspoken house rules,…
I beg to differ. I have opined before Investment Management and Information Technology are two professions where the maximum number of unscrupulous practices being followed. The article refers to the former which we are all required to deal with. T…
I really hope Bernanke puts his entire net worth into this fund.
Then I hope it goes Bankrupt. And of course no one bails it out.
And who am I kidding?
I think we are going to learn someday Grandeur Peak has sold out to Goldman Sachs. Just like one day we learnt Royce sold out to Legg Mason.
STOP STARTING MORE FUNDS!!!
Excessive Funditis was not cured. Funds taken down by virus. I wish Royce takes a vaccine. Oh but wait, Legg Mason owns them. Another 5 funds to come. Let's take a gander.
Royce Rising Rates Opportunity
Royce Inflated Protected securities
Royce Gol…
I'm sorry but I don't get the point of this article. One can write a story about how fund has performed over time as managers have changed for any fund. It gives me no investing insight into Vanguard Capital Value or in deciding to buy any other fun…
A new artisan fund has been an automatic buy for me. However given I actually have SFGIX and MAPIX(ira) and have pointedly stayed away from Artisan's EM fund.
In some areas, even good managers/teams cannot excel, and they do realize that sometimes.…
Sorry guys, WTF are we talking about ?!?!?!?! This is public forum and I have long given up and take what I get. Ignorance is bliss and in the eye of the beholder. Offensiveness...oh well.
Bee, THOPX is ~ 90% investment grade (mostly BBB) and OSTIX is more than 90% non-investment grade; I don't think you can call those similar holdings. Making a choice between them involves a portfolio allocation decision.
Yes but do we know historica…
Short term bonds vs Savings/checking accounts for cash..the difference is like 1% and no safety....are they worth it?
Completely agree. Even RPHYX and RSIVX I'm viewing as just any other fund holding. Not exactly a substitute for cash.
Hmmm...we would need to know the portfolio of GDX and GDXJ over the years. If you look at TGLDX portfolio 70% is International, but mostly developed markets. I do recall international exposure used to be 85%. If all of the 15% difference was EM, tha…
Very interesting chart! Yes I would have thunk lot of miners would be international. Or could it be they sucked up the place and the index gradually dropped them? That would explain things too no?
You know, the traditional method of dampening volatility was to own stocks and bonds, under the assumption one yings when the other yangs. With precious metals can we reach such a conclusion? I think Precious metal shares performance is linked with …
While wea are discussing alts, take a look at discrepancy in managed futures fund returns. Some that are newer have done very well, others older ones havent. Again, that means nothing about manager skill. We invest to grow our money. If we are goig …
ANALysis. Took some losses in HSGFX, gains in AKREX to offset them. Did likewise with some other funds. However, yes I will pay some taxes.
Now I stated my reason for selling. I bought it 2 months after inception. The manager is old. The last time …
I don't think it is about whether an alternative fund is required in a portfolio. We need to think beyond M* classification. A lot of funds short. FPACX is one example. Let's not forget CGMFX which used to be everyone's darling. At the turn of the p…
Every so often articles like these prompt us to question our understanding. There are some statements in that article that are facts. The problem is when someone takes two facts and draws a conclusion, is it a 3rd fact?
I thought I had settled on w…
Oh I thought Corporations payed taxes on "earnings", adjust a Quarter maybe, Pay taxes on "non- earnings", I doubt it.
I thought Mutual funds bought individual stocks (with crooked numbers?) just thinking
Yes of course. I try to find managers who h…
Wait guys. Don't we also know at MFO, the shenanigans companies do to report positive earnings. How about IBM keeping up with their earnings number on declining revenue year after year, until they could cook things up no more.
Earnings growth drive…
Well that list could change some over time. Regardless, I'm upset about TFSSX. It was going to be my fund to buy when market tanks. Then again, when it tanks it might have losses to offset the turnover. We have largely been in a rising market.
I think RGHVX is RiverPark not RiverNorth. Not sure why we are comparing here. RNBWX also is different than RGHVX.
Agree nothing compelling about RGHVX. In general not sure I'm on board with hedged equity funds while I have no issue with managers h…
No, but funds like these I want heavy manager investment. Like at least $500K. One trustee and one manager does own in $100K range.
One manager has last name Wisdom and has written a book. Hmmm...
Here...
http://www.amminvest.com/files/Communicati…
Scott Nations is an idiot. Anyone who heard him speak can guess that. I had no opinion on peter schiff, but he comes off as sensible. However, anyone worth his salt should not go on CNBC in the first place.
Finally, I didn't know MSNBC had lower ra…
Hah! That could explain it. One reason I went on the family plan is because only then does AT&T allow phone to be used as a HotSpot. Only I've really found it working too slow when I tried.
Its not really about unlimited at all. They are simpl…
Can't find much fault with your portfolio, but however...
I sold AKREX. Discussion in another thread.
I own WAEMX, but it is on thin ice. I've decided not to get so focused (emerging AND small cap). You own an even more focused Wasatch fund.
I own …
