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.
To a large extent, the Electoral College and Second Amendment are legacies of slavery. States with large slave populations wanted to count slaves for apportioning members of the House of Representatives (and hence electoral votes). Since in many are…
I do not click on any posts by persons who persist in trolling. In my opinion, ignoring them more effective than trying to rebut them. Never argue with a fool.
I mean this is a friendly way, and appreciate your thoughtfulness. But you don't have to write a book to post a comment. You can leave a short post once and a while, and still have time to play golf. Best wishes.
Dan
I think the chart is inaccurate. RNSIX has returned a lot more than 7% since inception. Perhaps it does not account for distributions. Personally, I like RNSIX a great deal.
Pat_Shuff
Thanks for your comments above. I have not seen a mutual fund that does a really good job of asset allocation across a range of assets.
I held DMLIX for about 1 year. It sounded great, and seemed to work OK at first. But I don't thin…
DMLIX is my largest holding, the core of my rollover IRA. It is more diversified that other DoubleLine funds. It owns significant amounts of cash, commodities, and stocks. I would expect it to become more volatile when Gunlach judges asset prices…
1. The US annual GDP is about 15 trillion dollars. The world's GDP is probably 4 or 5 times that. So an error of 0.3 trillion out of 60 or 70 trillion is not too bad.
2. I read a book by Misha Glenny called McMafia. According to Glenny, about 20%…
I read Jeremy Grantham's newsletters. For economics, I read Project Syndicate (especially Shiller & Stiglitz) and Krugman's articles and blogs. Articles by Arnott and Berstein.
I own RSNIX (large position) and RNCOX (small position). I understand that the "Galley sleeve" of RNSIX will be fixed income CEFs if they can be bought at a suitable discount. It is not a fixed percentage of the portfolio. RNCOX is split between …
