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 happy I'm not. I know for sure I will not be down 50% again. I'm happy to be in situation where I am comfortable with what I own and keep adding to my least performing funds when I can.
I own multiple PIMCO funds in small measure in my tax deferred accounts. PTTRX, PAUDX, PGMDX, PDRMX, PFSDX. I find it a little distressing, then again, certain things can only be learnt in hindsight.
This is what happens when head honcho of company…
The only Janus fund worth holding on to is Perkins Value + Income IMO. It combines the expertise of two parties that have some credibility left at Janus.
I'm very committed to my darlings. If I'm not they aren't darlings. Of course I tend to not ask my darlings to do plastic surgery. I hold on to them without investing dividends, i.e., let the fat ooze out.
I never understood this question. What is in Cash is NOT in my Portfolio. The amount of cash in my portfolio - by my definition - is the sum of the cash in the mutual funds I own. This fluctuates.
After losing my hair dealing with financial intermediaterys of all sorts, I have learnt to not get stressed. You can always take your business elsewhere, but the same joker from Fido will join that brokerage and give you grief.
You really have no c…
Where the heck are people investing their money? Oh wait, I think I know what's happened. The younger generation is smarter.
I denied myself the finer things in life after being brainwashed into "invest everything except keep money for living exp…
I was calling his son LITE...
I must be losing my touch. Used to be people used to like my jokes.
And there is no freakin' way I'm buying. I actually stopped drinking Miller Beer, honest.
:P
this fund should be bought. but not right now. this fund needs to be tested in a down market. joke is you then buy whether it passes or fails. THEN you cannot go wrong, just like with pretty much any fund bought after a bear market :)
The problem with Hussman is that he is right. An even bigger problem with Hussman is, it does not matter. No one cares about his record since inception, which itself is now worthless. No one has an infinite time horizon.
I continue to hold Hussman …
I don't think you stop investin big in funds who are so dependent on their managers. In fact I'm making a habit of it. That's how you keep managers accountable. And if manager gets hits by a bus, you just hop on to another bus...
I own AUXFX and PV…
Okay so everyone jumping onto the CAPE bandwagon lately.
Wall Street has to be commended for its marketing. They keep selling crap, we keep buying. They are getting smarter. A lot of people on sidelines after suffering 2 50% drops, how to get THEIR…
Ted, seriously, how can you ask why? Just search MFO.
I'm with ducrow on this one. I don't care how well AQR funds do now that I've sold mine. I'm simply allergic 2 bulls***. AQR is a 4-letter word from Assness as far as I'm concerned.
Simply too m…
Yes. My thought is that the odds favor buying into this fund now ending badly. Unless you believe when market turns south, this fund will suddenly change tracks. I'm seeing it is a little short now, but first time I looked at it, it was hardly short…
Sorry, but this is a lame article. He found just 7 funds in M* database with 5* and that automatically qualifies them and prepares owners for the worst?
Does he understand anything about how any of the funds invest? The Putnam fund owns stocks with…
Two questions
1) How do I chart CAPE. I want to see a chart that says it is 25. Allegedly this info is publicly available. Where?
2) Why is Cliff Asness referred to in that article? He has a pulled a caper all right with AQR investors.
Really? They have so many funds but couldn't sustain this one because it didn't garner assets?
Royce is an Asset Gatherer before being an Investment Manager. Autonomously managed my foot. Legg Mason is pulling the strings here.
I beg to differ. Akre has his name on the door. Not the same thing. Never the same thing. Whitman, Leuthold, Akre, etc. That's why never invested in Walthausen either. It is a different kind of risk that I alone seem to perceive.
