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 think people fooling us with charts are more sophisticated. I doubt anyone got tricked with that example trickery.
Yes, there are still snake oil salesmen. But they are still there, it means they are successful and are really really good at it.
I own PAUDX in a small leftover IRA I have which when I bought I equally split between PAUDX and PGMDX. I see now PAUDX has $36 billion in assets. Whaaa....? When I bought it had like $20B. When did that happen?
More importantly, does PIMCO ever cl…
I am just disgusted with myself. We keep discussing how much business news we watch. I don't have to time to watch a nano second of Live TV.
Need to get richer, not just older and wiser...
Royce-it-is and Wasatch-it-is has set in at Grandeur Peak. I mean GRANDEUR Peak. Not Teenie Weenie Beak.
I don't get how managers close one fund citing not having enough opportunities, protecting shareholders and then start another fund which we ju…
Guys you are all over reacting. Ho do we know Steve Romick is not talking down the price of Gold. Don't we know others talking up the price of their holdings.
Sssshhh... Romick is waiting for price of Gold to fall to a level it is 50% (or is that 6…
Reply to @Sven: Maybe in the next portfolio that's released we will see some farmland. Or maybe we cannot recognize farmland or Romick's definition of it.
Oh heck, when I invest with Steve Romick I don't have time to look at his portfolio. I have l…
Is there anyone who thinks bonds are more attractive than stocks going forward. People need to come up with something original.
I manage money for family at T. Rowe Price. I'm increasingly going to cash after selling PRHSX and PRWCX. I don't think …
Because there is always a big difference between theory and practice. However I believe theory catches up once in a while. As investors we just have to hit the right curve.
Anyways, that's what I'm trying to do with Hussman :)
RPHYX? Maybe SIRIX? But really, better than cash over (say) 3 months is more appropriate question. Better over 1 day then IMHO question becomes an oxymoron.
I own TGLDX and ARIVX. I never invest distributions. Healthy way to take profits IMHO, in addition to ease in tracking cost basis.
I wait for days like this. I will by buying some more TGLDX and ARIVX. Normally I don't buy sector funds, but making …
I'm sorry, but M* making the sucking sound is not news. Please don't insult Microsoft. Microsoft does not sell crap, and you can get a refund on its product.
Yes Ted, but that's the original Schooner Fund. This one was the one Nakoma sold, as someone already pointed out.
Nakoma fall was very disheartening. Their pedigree seemed unquestionable. Somehow I remember I was not the only one suckered in though…
I also closed door on my golf game. However, I also locked it and then threw away the key. Then I immersed the room in cement and built a highway on it.
Some doors should never be opened, IMHO. I hope you have a change of heart.
Best
And of course no apologies for the last 4 years...
The problem I have with people such as Richard Russell is they can't do no wrong. They always buy gold. And when gold goes up it is "I told you so". And when gold is correcting it is "I always hold…
Wait. Why in heavens name would Apple use up its Cash Hoarde to buy any company? It will use its artificially pumped up stock. Why pay for something when you can get it for free?
So what does Apple Buy? TV !!! Of course, if I'm right, my ANALysis w…
My point is they seem to be opening a fund for every single strategy slice of WAIGX. Reminds me of an investment manager whose name I forget, who when ETF mania first hit the markets opened various Healthcare Sector ETFs like one for heart, one for …
Let's not read too much into it. People sue for all kinds of reasons as long as it is easy pickings. For the same reason people settle even when they have done wrong, people withdraw lawsuits when they are simply not worth the trouble. Besides in th…
Rapstar releases Album, shoots someone. Sales skyrocket.
General has book. Has affair. This is !@#$%^&* ridiculous.
Honestly tell me how many people wanted to know HTF Petraeus led his life prior to this.
There are pros and cons of family ownership of ANY business.
Nepotism? Sure. The offspring could be a nincompoop. However, let's get real. "Nepotism" is rampant. One does not have to be a "blood relative". People make choices and preferences.
On t…
Reply to @David_Snowball: Absolutely. I take your recommendations very seriously. Matter of fact I bought some funds solely on your analysis. I was just voicing my opinion I don't think this fund will hold up well compared to others in its class. I …
Just one comment on Stewart Capital. I'm sorry but I'm not buying what they are selling. Cannot believe manager excuse about not owning enough shares of fund or how he is putting his money where his mouth is. Need to know how much of his net worth i…
Err...Doesn't the FED effectively do the same thing? Why doesn't the FBI also say they KNOW the serial numbers on those bills? Let's think about this for a second.
One buy's a used iPhone on eBay. One does not know its stolen. rOne starts using it,…
Dear me, I'm normally on top of such things. I stopped putting more money in CGMFX because of manager's age. Chuck Akre is 69? Of course he is.
Doh! No more investing in AKREX. I'll hold my shares of course, but look to find another concentrated go…
