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 took profits in AKREX, WGRNX and BULLX (okay not a large profit, but still)
My choice if sells was based on market turning down, lack of confidence in succession planning at AKREX, manager investment in BULLX going down tremendously and reducing i…
Yup. No risk no reward. And if you are lucky to have a life span and investing years during that lifespan that perfectly aligns with historical charting touted by the financial press, then sure, go ahead and invest for the "long term".
It does not …
Am I reading this right? The P/E ratio during financial crisis reached 150? How come we never heard about this when it did?
what happens when a company actually does not have a P/E ratio. Do they just ignore it in calculation or what???
I didn't see any Vanguard funds mentioned at all. It helps if one reads the article.
This is a very poor article as mentioned above. I find it funny that the author chose MACSX which has no correlation to the US indexes and in fact is closed to ne…
Frankly I don't know if Vanguard is guilty or not. I just know that there are a lot many other things what are wrong with investment management and if they get even 1% of notice this thing is getting, we should all be happy.
Second a monkey - no disrespect - can index
Precisely and the beauty is 70 to 80% of active funds have underperformed Indices. While you think that is the wrong focus, I think it is the right one.
Sorry, but i think you are missing my point. Everyo…
I think we may be foucusing on wrong things. First i think it is genrerally accepted that over 20 stocks it becomes diworsification. Second a monkey - no disrespect - can index. Most monkeys - disrespect cannot manage a portfolio.
It think most act…
Interesting.
This mean I can drop my subscription to M* Premium?
Wonder if this also means M* becomes more or less dependent.
So, will Schwab funds and EtFs now get more analyst coverage? Be considered for more metals?
Will Schwab cut its own an…
I've been thinking about this. Having been a victim of identity theft in the past, one thing I learnt was "credit card protection" was a scam and simply a way to gouge more money from customer to allegedly protect against something the issuing compa…
BPLSX has served me well over the years and I'm hoping it will continue to do so during the next market downdraft.
I just envy people able to buy institutional shares. It is mind boggling how many on MFO routinely quote ownership of institutional…
Couple of notes if I may. CLSIX/CLVSX is a L/S fund in Real Estate category. So its more narrowly focused.
FMLSX is a DIRECTIONAL L/S fund. I think it sorta tries to capture 80% of upside and 60% of downside and tries to win as a result. I think mo…
Frankly I find the note in the Prospectus confusing. However KevinDow said he CALLED them and they confirmed. What I still don't get is how they are generating 8%+ returns right now minus the ER which has them flat for the year.
Something tells me …
Wait a second. Their YTD performance number is flat. If 8.13% is being charged means they made that return. Something is not right. Please see below note in the prospectus
The Adviser has contractually agreed to reduce Management Fees and to absorb…
@Vintage Freak
You are actually paying an 8.13% expense ratio according to the most recent prospectus and confirmed with a telephone call I just made to TFS Capital.
:( Please feel free to give me some good news as well.
Time to rethink entire …
Hmmm...not sure how you are getting 8.13% ER for TFSMX. Also your suggestion for owning conservative allocation funds with bonds make sense, but wouldn't that be for a different part of the portfolio?
TFSSX I will not buy unless the market really …
I think strategy like sts will work if we repeat a 15 year market like from 1998. So will a simp,e strategy around 10 month MA. Wonder why sts uses DJIA.
@VintageFreak. Why are you surprised with the AKREX note. I've owned FBRVX and now AKREX and it has always been a steady performer in up and down markets.
Likewise, but I did sell AKREX in current downturn. It is just that AKREX wouldn't come to m…
@Kevin. Now you are really making me feel good. I own TFSMX as well :-(
I'm doing well with TFSMX since I purchased it a while back. TFSHX I agree not doing too well, but then this category as a whole has found it challenging.
At this time, I dunn…
@Kaspa,
Still driving a 1992 Honda Civic with 200K miles - remarkable reliability! Before we bought 2011 Odyssey minivan, we did fair amount of research on both crash test and mechanical reliability and came back to Honda again. European cars are…
I have been looking at VRP for a while, but ETF mental block holds me back. Its a floating rate preferred stock. Floating Rate and Preferred Stock separately I understand but together I'm not quite sure what to make of it.
I am not a "used car buyer". I'm very afraid. I just buy new but within my budget. However now, I have an almost 16 year old, and was looking for a used reliable car. Honda Civic, Toyota Corolla, Nissan Sentra come to mind, but anyone has any sugges…
@Scott
I'm waiting for the period over the next year where this fund - which, admittedly has had stunning performance for a fund in the managed futures category - under-performs for a period (given the nature of the fund, it will happen) and everyo…
Maybe long short is notwhatyou need. Maybe multialternative or market neutral might suit your needs more. I have seldom seen long short funds goals stating lower volatility as a goal. They claim they can protect capital better but i dont think we ca…
Frankly i am not being too scientific about it. First and foremost i wnant to look at the 5 star ls funds who are really nothing but long vehicles and with just 60 exposure are outperforming(sic) their brethren which are true long short funds. You d…
The future of Netflix is to become a provider of its own content. House of Cards is a good start. Thing is TW is wising up to this with its new HBO service.
Still for $10 a month, I don't think you can beat Netflix. A lot of people simply use it in…
If 20% of actively managed funds at most beat their index at any time, we should keep our expectation in check. 20% of Alternative mutual funds will be worth it.
I have FVALX which does not call itself a hedged equity fund but does same thing in times manager deems bad. Needless to say M* classifies it as L/s. What a joke.
