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@davfor, that is an interesting and useful observation. It is necessary to understand where something like this may fit in for fund evaluation.
At a very high level, those ratios answer questions like "Is this fund going to go up and down a lot for…
You guys really should try out the Active Trader Pro if you are placing limit orders for ETFs or want to avoid all the clicking and chaging pages. I notice that now there is even a web version activetraderpro.com It has much more things than you nee…
@llljb, you have it exactly right. BTW, I had to correct the numbers in my previous post from a bug in my earlier script that didn't calculate the percentages correctly, so YAFFX comes out second best below SMVLX in the average but your conclusion i…
@hank, in the best Joe Pesci Nu Joisey accent
"oh yeah? I got yore danglin' right 'ere!"
PS: please flag/delete if this is too off-color humor for the forum.
From the subject I thought that "increasingly addled" referred to Bill Gross' outlook commentaries.
The increasing action of the Central Banks can also be seen as the failure of Governments to set the right economic policies or in a gridlock and do…
To answer my own question above here is what was reported mid last year
http://www.bloomberg.com/news/articles/2015-04-08/drillers-26-billion-in-hedges-spreads-price-plunge-pain
For U.S. shale drillers, the crash in oil prices came with a $26 billi…
The landscape changes too quickly to predict especially when one drug or acquisition can make or break a quarter or a year.
Now there is the added complexity of having to compete with Chinese money, especially in Europe where Governments are more w…
@hank, it is not uncommon to attribute invisible hands to market movements in forums.
As for manipulation, with collusion possibly but not individually. Unlike banks, hedge funds aren't known for colluding, they are out to get each other than work …
@joe, are you talking about just fracking companies or broader? If the former, why do you think it will something more than a few states whose banks and oil-based economies would be in affected?
Part of the reason might be that strong healthy companies these days which enjoy speculative overbidding on their stock by greater fools don't think they have to give much of a dividend if at all (unless pressured by activist shareholders). So, divi…
What I want to know is who wrote the oil hedges that have paid out billions to fracking companies keeping them alive?
The way capital market equities have been tanking (see KCE), there is something going on in the big asset management and investmen…
Ever so mildly surprised because their new web page design is the pits. I don't care for it one bit.
Sorry about resurrecting this older thread but meant to reply earlier.
I don't like their new website design either and have started to use their A…
Luckily I am grandfathered into the Wells Fargo 100 free trades per year with a PMA account. This works well to get funds not otherwise available NTF, so the only fee would be whatever might be charged by the fund itself. No fees from the brokerage …
I have been in the position of having to hire from multiple generations over time including millenials. Hiring is always a very difficult task. What is important to the one hiring is not just whether they have degrees or better educated which is dif…
The idea of targeting spending only to US companies is not practical because it is very difficult to isolate US only companies.
My point was not if it was possible, but that it could not be done/allowed.
Turing Test fail. Any human would have u…
Isn't "Kids of this generation can't/won't/don't ...." pretty much the magic password into AARP membership at every generation? Doesn't mean it is valid. :)
@davidmoran is right. Unproven assertions on an ill-defined metric.
@lljb, thanks for the site suggestion. I explored it and the manual process on M* as well where you can enter start and end dates. But it is too laborious for the number of runs needed. If I had the raw data, I could probably write a script in less …
@dex Here I was thinking you are a robot that had replaced a forum poster as you envision with a built-in search engine and a collapsism view that is the easiest to program in as all one has to do is one liners, throw stones and insults and deny the…
And you may want to take into consideration the velocity of money in why 'demand side' is an old idea that doesn't work.
I am curious. Would you explain what you mean by the above? Not a googled link please. Your insights that led you to make th…
There is so much bad financial writing out there.
Is the metric in the article talking about real interest rate (which can go negative if the nominal rate for a bond is less than the inflation rate)? All that means is that the investor in such bond…
Is Sam Lee's analysis available anywhere to read?
Seems like they are talking about two different things. The flow into index funds rising tide for all index included stocks relative to the stocks outside (Ackman) vs the effect on a single fund mov…
OPEC reminds me of the Fed Reserve where each FOMC member says something totally contradictory and different every time they speak.
I remember articles in the 2000s which said OPEC was basically dead in ability to control prices because of all the …
@lljb, you are right. My first reading of those slides was wrong. He was badmouthing the critics not Bill Miller by quoting the badmouthing of Bill Miller by the critics. So, I take that part back and apologies to Mr. Smead for that mischaracterizat…
@rjb112, the quick-glance metric you have pointed out is a good example of why the performance metrics as published can be misleading (and why managers try to game the numbers each calendar year). Investors don't always invest by calendar years. And…
I find no compelling reason to invest in this fund even if it was open.
I hope this post is not a faux pas as it might be construed as a criticism of the fund profiling and metrics done on this site. But that is not the intent. I have been frustrat…
@old_joe, Gilead's CEO also stepped down today adding to uncertainty about leadership going forward. Not sure if the COO taking over is just an interim or permanent. Not knowing the exact reason makes investors nervous. But that is just one day of t…
Statement from Bernanke that the Fed may adopt negative rates
http://www.marketwatch.com/story/bernanke-says-fed-likely-to-add-negative-rates-to-recession-fighting-toolkit-2015-12-15
Good morning @ted, as I expected you are up before I am yet to go to sleep. The match has gone to a 5th set in Australia. Great game between Murray and Raonic.
I hope you can find a good link that explains what the negative interest is all about be…
Given how the Asian markets are rallying and the futures shot up here, at least some people with money seem to think the sky isn't falling. :)
Ted seems to be a early to bed, early to rise kind of guy given his posting times. He might be up by the …
What does fiscal conservativism mean to you? Perhaps we are getting constrained by the definitions because of the rigid polarizing views here.
The things you mentioned are all paid for by taxes, of course. And social nets can be expensive dependin…
Socially liberal isn't just about spending or welfare or primarily about that. It isn't socialism either which is what people in the US immediately picture. The problem here is precisely what you are pointing that there isn't a good model that has e…
There is not going to be a viable third party candidate unless there is a significant differentiation from the current parties, not just disgruntled/angry ex left or right wingers.
Something like what @rono describes himself as. It is unforunate th…
Is it possible that your current portfolio position is affecting your perception/interpretation? Confirmation bias is a powerful force. :)
When markets are down significantly, more funds will understandably start opening for one or more of the foll…
For all the people who get off on punching the Hedgies, I recommend catching the new original series show called Billions on Showtime (or on your favorite streaming sites for those who know how to watch all of these shows without a Showtime subscrip…
Good ones @hank! I think you have nailed some of what will be said.
If any of the other candidates had a sense of humor and the chutzpah, they would bring an empty chair and have a conversation with the Donald like Clint Eastwood at the convention.…
@old_skeet, thanks for the explanation. I misunderstood your stepwise buying as a tactical allocation strategy to increase returns. It would appear to be finding entry points for small allocations you have decided otherwise. Then the amount of alloc…