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.
Pretty much back to the way it was. Banks may be coming to the realization that, no, the Fed's not done. That's certainly been their messaging this week.
I could easily imagine a 5% or 6% return for this fund over the next year.
A reasonable person could conclude that that's what those yield figures, in black and white, are intended to suggest, at the very least. If they do not in fact come to pass…
Go to page 10 here: https://riverparkfunds.com/assets/pdfs/rpsthyf/commentary/RiverPark-Cohanzick_3Q22_Shareholder_Letter.pdf
Those yields, if realized, would result in the fund's best performance ever and would exceed any return short-term CDs are …
I ended a Prime membership in part because packages are delivered ahead of estimates anyway (and I'm just not that impatient) which suggests to me lots of deliverers making fewer deliveries. Still, I live in a condo and already the daily Amazon dro…
Mortgage rates dropped too. Call me skeptical but I'm not sure today's CPI necessarily constitutes a trend, though it would be nice if it did. I'd be delighted with a few more 5% up days: a couple years' worth of CD returns just like that!
Uh, I don't know how to insert this into the neatly done alphabetical order above:
https://www.parnassus.com/parnassus-mutual-funds/distribution-estimates
Sure, I can see that one of her funds has performed well on a relative basis (the other not so much), even though the returns are puny. I'm too ignorant to pick winning stocks so I'm in no doubt she's more competent than I'll ever be. The OERs on t…
I'm in agreement with @Ben. For my money (and Ms Geritz has none of mine), I would have preferred to read about specific stocks owned by the two funds and why investors haven't made a nickel since Rondure's inception. I think we get enough macro-eco…
I may be misremembering but I believe some of their past literature expressed the notion that they should compare favorably in a sell-off. Many "growthy" oriented fund managers seem to lack "sell" discipline, i.e., the sky's the limit when it comes…
From littering on the street to walking away from toxic dumps there are a whole lot of people who expect someone else to come along and clean up their mess.
Primecap funds at https://www.primecap.com/ have 2022 estimates now
Rather large, again. Looks like around 9%, for example, in the case of POAGX. Even in the midst of several years' worth of redemptions, plus this year's losses, they may not feel l…
Hey!! I'm half Genovese... cool it with the Italian stuff! :)
I don't follow Italian politics either (I think that could drive a person mad) but ya gotta wonder about a system that installs a new prime minister whose party secured only 26% of the p…
I don't closely follow British politics but it's looking more and more like Italy in terms of instability, ignorant populism, and north (Scotland) vs. south division.
It looks like the Matthews group has been hemorrhaging assets and now manages less (a lot less) money than they did 10 years ago. The company is flailing and throwing all kinds of sh*t at the wall in the hope something will stick. Look at the mass…
It sorta looks like he thinks he can do whatever he wants without facing consequences, let the chips fall where they may (invariably on others). Gee, that rings a bell.
I owned OAKIX for years. I'm not sure you should pay any attention to my experience or opinion but since you asked . . . . That fund is exceptionally volatile. Periods of outperformance were always followed by periods of underperformance. Talk a…
First we had meme investing, now it's novelty investing. Actually, "investing" is the wrong word. I have to assume it doesn't cost much to launch an etf.
The problem, as I see it, with academic research like this is that it emphasizes the theoretical and ignores what has actually occurred. Had these same researchers performed the same analysis 40 years ago would they have come to a different conclus…
I for one would be sorely tempted by guaranteed 5% returns. I once new someone who told me that during the Volcker era she bought very long term fixed income securities of some kind (CDs? Treasurys?) that paid a double-digit rate of interest and e…
I just checked and as of the January 31, 2022 filing date, VPPCX has already been closed.
If it was opened, I would have bought it today. This is one of those funds I wish would re-open to new investors.
https://www.vanguard.com/pub/Pdf/sp1220.pdf…
I stopped in at a Schwab branch yesterday and picked up all the forms I'll need to start moving accounts from Vanguard. These recent developments were all the final push I needed to make the move towards better service and much better technology. …
"Value" has a couple of meanings here. There's monetary value, of course, as in improved relative performance, but there's "moral" value as well (for lack of a better term), in which context that sustainability data may not be unwanted at all.
There have been days when I thought people were throwing the baby out with the bathwater (i.e., capitulating), at least with respect to certain corners of the market, but I've been wrong thus far. After years during which my personal rate of inflat…
One way to do it is to select a date range from the chart that incorporates the dates you're interested in (in this example three years would work). When the chart pops up move your cursor along the graph and you'll see daily dates whirring by. Fin…
The chart is now in a rather squashed format so that M* can fit an ad in on the right hand side of the page. In addition, the flexibility to set one's own time period is gone -- now it's 1 month to max only.
