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'm sorry Mr. Merriman. You are making up these myths in your own mind and then giving yourself ability to write an article so you can be in the press.
Can we do a poll on MFO to see who believes these myths are prevalent?
Make no mistake, this fund will not protect you in down market. However this guy has his and his extended families entire net worth in the fund. The experience original poster had with direct manager contact is not unique. I've had the same multiple…
Matthew 25 - Do unto others as you may them to do unto you. Something like that.
I have owned this fund off and on for the longest time. I have been lucky to buy it and sell it always with a profit and have used it repeatedly to offset losses on th…
Nevermind, it would seem M* has messed up.
http://www.americanbeaconfunds.com/downloads/factsheets/YAFC-FCT-1.pdf
M* needs to be careful or they'll give someone a heart attack. Serves me right for trolling M*.
I am not seeing compelling reason to buy rghvx or that other schwab hedged equity fund if one is looking for l/s fund. That's like buying a geo metro if you are looking for a car
hah! I thought SGENX was closing. Will take closer look again. NOIEX is just your vanilla balanced fund I think. I think I have all balanced funds I need.
Kevin, I'm not looking at L/S fund per se, just to own one. I'm also not necessarily looking for a fund that is actively Long/Short like LSOFX. I'm looking for a fund however that uses Long/Short as a risk management tool from the sense of when valu…
The two terms are defined at the point anyone in the financial pron business wants to write an article. For the chosen time period writer wants to fawn over a fund which has done well, it is called investing. Similarly for the fund which has sucked …
Not a single reply ?!?!?!?! SGENX is closing I think. Maybe I should simply sell CVLOX and reduce a fund. However I wanted some convertible exposure that CVLOX gives.
Maybe someone can suggest balanced funds with convertible exposures?
Thanks guys. I asked because perhaps I could just buy FPRAX and sell FPACX and FPIVX :-). Maybe that is not equivalent. However, I didn't want to ask THAT question. Remember, I'm trying to reduce my number of holdings.
I wish FPACX manager was on F…
There are various flavors of Long/Short funds. The LSOFX kind are the ones where the best that could happen is they are right on the Long side AND the Short side. The worst is they are wrong on both sides.
Needless to say LSOFX is not "conservativ…
Let's understand the economies of scale at Mutual Shares do not exist at Wintergreen. We should never expect WGRNX expense ratio to match MDISX expense ratio @ same level of assets.
I'm hardly defending Winters, nor do I like paying more than I sh…
USBOX seems very familiar to me. However Peartree rings no bell. For some reason I have a sticky on my computer with USBOX under Long-Short fund. I must have noted it when I was shopping for L/S funds for each of my portfolio. Needless to say I must…
SFGIX just lost a little less on first couple of days of the chart then matched the market move. Don't get me wrong, I like and own it. Here's hoping it keeps doing the same periodically. That'll be enough for it to outperform :)
Hussman does not sell protection. If you want protection buy some short fund.
I continue to get bluer in the face...Hussman is also not a Long Short fund.
Waaaaahhhhhhhh!!!!
The difference between Whitebox and AQR is Whitebox tells you WTF they are doing and AQR only tells you what they are doing when they and entire market is doing well. Stay away from AQR.
My better half has been getting calls - they are even leaving voicemails - says she has committed some federal offense. They are using name of police officer - name of real local police officer - and saying we have to pay some fine, and wishing us g…
This is not the first time someone who has seen a lot of "press" and managed to convince readers on paper he actually knows what he is doing has bitten the dust.
I remember "Rational Investor" fund in which Yours Truly got hoodwinked into investin…
Guys Royce has been part of Legg Mason for a looooooooooooonnnnnnggggggg time. I don't think that bothered most people so I am glad it is !!! I bailed on Royce the moment I found out about Legg Mason, but that was quite a while back I don't even rec…
Vert: " ... I can't imagine it being much better than the Perkins or Polaris shops."
I owned PGVFX at one time, and liked several things about the fund ... one being atypical weightings, such as ~ 10% in Scandinavia, as I remember.
Another I fund I…
Hi guys,
Grantham thinks that EM is close to fair value as well as "European Value" stocks.......
GPEOX and that Dreihaus fund I'm playing EM;
How can I play "European Value"? Any MFO faves focus on that? ETFs?
Thanks!
Okay so trying to underst…
With luck we'll be talking to David Marcus of Evermore Global Value (EVGBX) this month. It has a one-star rating and an eclectic value focus, with 63% of the portfolio invested in Europe. (I'll pause to let the peanut gallery making dismissive noi…
Don't overthink other than do NOT reinvest dividends :P Keep your cost basis simple because some day you will need to sell and then you'd be happy you did.
Besides, Confucious says if you reinvest the dividend then it constitutes as a purchase, so …
Uncle Bill will be wishing he did otherwise, y'think?
Bill has been infamously wrong maybe first time in recent past. IF he is wrong again, he would be on his way to getting "Millered".
PS. Still waiting for royalties on that word. Come on you peo…
I don't thnk El-Erian goes into politics. I don't think when he gets on TV anyone can understand him. They'll all keep looking at his moustache.
More seriously, El Erian joined parent Allianz right? Why did Allianz do this to PIMCO? Makes no sense.…
Question. I think alternative fund craze should be dying out. Did PIMCO really start a "me too" fund, and has PIMCO ever closed a fund because it didn't work out, or merge it away?
When most managers in ANY investment category don't know WTF they are doing, why are we expecting Market Neutral fund managers to be any different? 4 out of 5 of such finds should suck on first principles.
Bah!
