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Reply to @willmatt72: You know you can immediately inform people as soon as you do such things. We will not mind :D
Buy order at Fido is in. And I'll tell you the best part about it tomorrow, rather than jinx it.
You know, I bought some PDRMX thinking it would be a "cash substitute". Of course entirely my fault. I've always been bond challenged. Mental block. I know how they work, but can't get past the BS.
RSIVX will have severe expectations from investors…
Reply to @Investor: In principal I agree with you. Higher ER is bigger hurdle for manager to overcome to outperform, but as long as he/she can do it, one could care less. However, there are common sense exceptions. Not to sound like broken record ab…
Seriously Guys, you need to read the website. I have no call to make on the competence of the manager and in fact willing to listen to any cogent argument for the same. I mean the performance has been spectacular. However, does not seem like everyon…
I doubt it is people "they" know. People clearly don't know. Or maybye they know they bought an inverse fund. Why this fund is classified as "Multialternative" when half its assets are shorting the Russel 2000 is beyond me.
Hmmm...I can't afford a Lamborgini. I can't afford a Porsche either. I want someone, anyone to tell me he is dancing because he has to pay $50 instead of $75. I mean I need to personally know at least one person who's doing this so I can tell storie…
Reply to @Investor: Yes, but his unhedged portfolio is returning MORE than the market and you would expect his excess hedging cost to be offset by it. I did allow for 2% -ve return. 7% -ve I cannot explain.
Scott, I'm not comparing Hussman with Miller. Two different people get assassinated does not mean the both were same/similar. Besides, surely you jest about Miller's performance ever being as dismal as Hussman's. Now I for one think comparing their …
I think you are overrating Hussman's marketing genius. Investors have been remarkably patient with Hussman. I am fairly recent buyer as everyone knows I think by now.
The one problem with Hussman is that his unhedged portfolio has done better than …
Don't understand WhiteBox comment. If it charges 12b-1 fee then shareholders ARE paying for NTF availability at brokerages. This is normal and not surprising. Advisor certainly not paying for it from revenues it is collecting off the management expe…
Harvard is in the business of education, a private University. That's all. Now we all know Amway "contracted" Harvard. Perhaps someone at Amway knows someone at Bloomberg. Does it really matter? This is what passes as news, but I've seen worse.
Th…
It is not just about beating the market over the past 5 years. Its about not suffering a 50% drop. When you have such drops twice in 10 years, it'll take a generation to change course.
Maybe its not about investors being bad market timers. Maybe it…
I'm very sorry. So Stack made a statistical observation. Corrections have been shorter. Okay. How does it help us? You can call me stupid if you can also explain to me what is the point of that blog entry.
Stack is great. Okay. He is Ritholtz favor…
Hmm...M* not flagging it as such. Same as with SEEDX which I now know is NTF Vanguard. Didn't think M* would be this slow to reflect NTF platform availability.
Anyways PFPFX NTF at Schwab is no good when min investment still 25K.
I don't recall things going my way any time I "break"' my own rules. ARCNX is good example. I swore off narrowly focused funds. Then I let myself get hoodwinked.
With Whitebox, with no manager investment, I find myself at similar crossroads. Need t…
I think Buffett, Bernanke, Nicholas Cage, Bill O'Reilly, Denzel Washington, Jim Cramer, John McCain, should all retire. Heck Dick Cheney did right? So what's the problem?
Reply to @Charles: Right here is the problem. Whitebox has to appeal to M*. Like Monsanto truck can drive by farm not using genetically modified seed, and then farmer has to prove he didn't infringe upon patent going bankrupt in the process OR buy M…
err... what link?
Also I see this on WB site.
The investment objective of Whitebox Tactical Opportunities Fund (the "Fund") is to provide investors with a combination of capital appreciation and income that is consisten with prudent investment man…
If they eliminate loads, things will be very transparent. If they are good, people will buy. Get rid of the load, no broker will be unemployed, they will only peddle other funds.
Err...call me stupid. WTF? The name is the same. They changed something in the prospectus? That it?
I have this in my IRA. I would like to buy in taxable as well but is closed. Even that is not changing. Why are they causing people trouble when not…
If you follow traditional asset allocation, I agree indexing is the way to go. That's the best way to keep emotion out of it. We tend to get too emotional about our actively managed funds. Easier to fall in love with FAIRX. Impossible to date VFINX.…
