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LOL. There is nothing wrong with anything when you know what you are doing. Clearly you made my point.
If I understand correctly, a bond bought and held to maturity through all its up and down "guarantees" (unless there is a default) the principle …
Err...now you may be jumping the Gun. I presume you own Amana? For whatever reasons you do, there's no need to be hasty and looking for an alternative. Like a good board member, I thought I would make people aware of news that involved Amana from wh…
Are you saying the Government knows everything about what's going wrong? This is not about bad Government. Government OF the People, BY the People, FOR the People. More importantly Government MADE UP OF People.
Madoff was doing what he was under ev…
Like I have disclosed before I own VIPSX. Almost 3 years now. I have been and will always remain "bond" challenged. I mean all kinds of bonds. More than equity investing, I think active management in bond investing is far more important.
"Duration"…
I don't have any issue with Islam. This is not supposed to be a site for advocating political or religious opinion and I am categorically stating so. And I detest your implication with your comment about me having a problem with Islam. What are we?…
That's the point. The angle is "islamic principles" and not "socially responsible". Islam is funny that way. Drinking not allowed, but smoking is allowed. So I differ in my opinion from Shostakovich below. So basically it is "pick your own vice" pri…
I really want something to happen to this fund. Something like...it just goes away.
Some things just shouldn't exist. Like Caffeine Free Diet Cherry Coke. I mean what's the point in having this choice? Kinda like WTF do I need this fund as a choic…
LOL. I heard their shareholder conference calls. At the end of every call, someone would ask "Are there any questions?". Pin drop silence.
I have to say this has been very dissapointing. The managers have pedigree. Then again, you have to admit, th…
I'm DCAing into PAUDX in an small IRA account I have. I will have the entirety of this IRA in PAUDX and plan to hold on for dear life after that.
I think PAUDX mandate is the broadest possible and still keeping it a Mutual Fund. 20 years from now, …
Yacktman shareholders revolted in 1999/2000 and he almost lost control of the fund. I think he was himself heavily invested in the fund so he managed to stick around as manager. I remember the episode very well.
WTF? Financial Pron at its greatest.
A Fund Manager is actually Predicting he will do well in future? Whatever happened to "Past Performance is not an Indicator of Future Results"?
Wait a second! That's exactly what he's saying. I stunk up the pl…
I will be interested in your take on their new International Fund. I think FMIHX dabbled in International, but am not sure. Not sure if they have enough International "expertise", if you know what I'm saying. Oakmark Small Cap anyone? :-)
There is nothing wrong in using a concentrated fund as a core holding. My definition of a core holding is that it is diversified enough to be representative of the market at large. Some say 20 stocks is enough diversification. I call it "manager ris…
I do not believe you can compare FAIRX and FMIHX is that way. Both are making concentrated bets in that managers are deciding to invest only in a small number of positions they are comfortable with. With both, you can make the argument you are takin…
Okay, I respect your opinion my Crimson Friend. I guess I should have added that I actually own this fund. As a rule though I do not reinvest distributions so this has not been a 10-bagger for me.
I agree that "buy and hold" is dead. Dare I say, it…
My question is should anyone buy ANY Turner funds.
The closure for TMCGX was commendable. Through two bear markets it has stayed closed. After run up in small caps they want to now open TMCGX.
Turner used to have few funds. Now they open and shutt…
