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.
Yup! Another way to say is "You never go broke paying taxes". I learned it the hard way, but learn I did, and is why I have took some profits over the past couple of weeks and glad that I did.
Guys lot of L/S funds are not what we expect. First there is issue with M* classification. Second, these funds either claim to know when to go long and when short and do bad job. Or are always long and short but if they cannot pick funds on long sid…
They supply their own trucks ?!?!?!?! What are they doing? Delivering pizza?
I'm thinking maybe there are other companies UPS contracts to, who has the "trucks", who then subcontract drivers to drive. I just cannot imagine each UPS truck driver own…
I just felt what he says in his book is opposite to what he blogged, YET he refers to the book. I think I'm going to get that book from library and read it. Just like I sometimes watch Fox News sometimes just to know what those Jokers are thinking.
I'm on sale. Please send me $9.99 a month and I will tell you what to buy / sell :D
I hope everyone has created shopping list. Personally I will start buying a little at 10% down if it keeps falling DCA every 5-10% further. Know what you are buying…
Do you see the "Categories" selections over on the left, there? Simply click on "Fund Discussions", and you won't need to read the OT. Simple as that.
That's not the point. If MFO allows Off-topic discussions, then I don't think it is fair to commen…
Guys, let's not leave the door open and then wonder why house got burglarized. No one has right to criticize anyone on first principles. Can't have off-topic conversations on a forum and then question how off-topic one goes.
Get rid of off-topic o…
Wait a second. Has anyone read Code Red? I believe it was published earlier this year. At the public library while waiting for my kids to finish their "stuff", I read a few pages. The book seemed to argue excessive money printing would lead to hyper…
These political threads always end badly. I would suggest everyone take a deep breath.
Can we talk about mutual funds?
Problem is OT conversations are allowed on MFO. I'm all for removing them. Its just that sometimes you learn something on these …
I'm not sure if he is a moron and I don't hate him for his performance or his lack thereof. I detest what his institution stands for. He should stick with running hedge funds, but seems to me that was not a very profitable business and he is running…
Come on.
The novels, Fountainhead especially and Atlas Shrugged...both are amazing.
Original. Captivating.
e
Philosophy aside. She was brilliant.
Like Daphne du Maurier. Pure schmaltz! But who does not like Rebecca?
Last night I dreamt I went to…
It always ends happily for Wall Street. One day there will be a revolution.
No no wait.... What'll happen is EVERYONE will work on Wall Street. In the future, we will have replicators so we can simply make up food and clothing out of nowhere. There…
Most problems in today's society can be summed up with two words. Ayn Rand.
Using words like "morality of capitalism" so they can simply and directly attack anyone who questions the morals of PEOPLE who practice "capitalism", when what they are act…
Okay approximating using daily, weekly for monthly I don't like. And I do want free site doing "monthly". Harrrrummmpphhhhhh !!!!
Meanwhile discussing funds that went up today. PRLAX 3.57%. WTF !?!?!
This is the best idea I have heard anywhere, anytime for a long time. WTF didn't I think of it before? I will stop lobbying for "ignore" feature if we do this.
David R Moran..... :SMOOCH:
Hi VF. My bad. Please forgive me. Two reasons: t hey are the oldest share class, by designation, so they are they are the ones we do ratings on, and 2) they are the shares I own.
My friend, you are making me feel bad. "Forgive me"? Seriously...
It …
WBMIX, of course.
FAAFX, likely due to this...
And, even SIGIX, a nice surprise.
Not bad given the continued hemorrhage.
And even a couple stocks...HCP (again) and SCHN (since it's been down so long, can't go down anymore... =) ).
I noticed…
Ritholtz is no different than any of the other financial advisors looking to market their name and business to increase assets under management (AUM). AUM is the name of the game.
I'm hoping he is different, but you may be right.
I tend to read him…
I think he is from Britain. You might be thinking of Jean Claude Van Damme?
These b movies are a lot more fun than the highly rated ones in the theaters.
Good points. You are right. There is so much marketing hype. There is really not much to dif…
You know this is the reason I simply don't own bond funds straight. PTTRX is one that I owned, and no more. The only other "bond" funds I own are RPHYX, RSIVX, RNDLX and ARTFX. At least that I know off...
I get very shaken instead of stirred talkin…
:D. With Statham, movies you kinda have to remove your brain temporarily from your skull for the duration of the movie. After I watched "Crank", I sorta reached that conclusion.
2000, 2007, 2014...
If this stock market tanks I think I will be worried about my job too. With so much noise out there, it is hard to tell whether economy is doing well or not. Warren Buffett seems to think it is, but he has lived his life and 25B…
I will say, despite my reluctance to be in anything Pimco, I'm rather fascinated by the performance of their new Managed Futures fund, which has actually done better this year than one of the largest managed futures hedge funds and has had performa…
I saw the video on television and two things popped to mind. No more privacy for that guy as his face is all over the media now. Lastly, I would wonder in a real case if it would be better to disembark the other passengers first then take the prima…
Here's summary of latest ratings for VintageFreak's list (funds at least 1 year old):
http://www.mutualfundobserver.com/fund-ratings/?symbol=+BPRRX+BGRSX+ARLSX+RLSFX+RSAFX+LSOFX+WBMAX+WBLSX+TFSMX+TFSSX+PMHDX+WMCNX+IRONX+NLSAX+NABAX+OTCRX+MASNX+RNBW…
RGHVX?
I guess this one is similar to SWHEX too. Notice I left HSGFX out which I own. Funds that simply invest and hedge exposure I left out. To me they are not "alternative". I mean even FPACX and CGMFX take short positions, and I am not looking at…
Let me clarify what I meant by "monitor". I'm trying to ask questions to myself and answer them to see if these are candidates worthy of purchase. I already own some of these, so it makes sense to go see what you thought about the fund doing for you…
As a recent shareholder of FEBAX I'm concerned as well. While he is not manager on my fund, I understand he is an old hand.
Also worry when managers leave funds when market seems topping off.
bigger up days necessary to compensate for smaller down days. Compounding works in reverse. 10% drop requires 11% to compensate for it.
I wouldn't get worked up about this one way or the other. There is absolutely no reason to put new money to wor…
The reason I cannot find fault with MFO commentary on PTTRX was because to me, it was simply telling all of us to fire the finonsencial asswisers, and think for ourselves.
Buy the manager, not the fund. If you believe that, you should leave PTTRX. …
