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.
@sma. Interesting view on the WSJ. I feel the same way about the NY Times and Washington Post along with propaganda like the Chicago Tribune.
What I find interesting about ESG is that you'd have to be an outlier to not want cleaner air, better e…
@old Joe. Maybe adjust to circumstances...maybe go to a free outdoor concert in the park nearby and don't sit near anyone, keep some space. Sure not the SF Symphony but you'd probably still enjoy it.
My wife and I go to minor league baseball ga…
Glad to hear all are doing ok and are and have recovered from their Covid challenges. It's real for sure not just the flu. Bigger picture this thread is a good reminder to proactively take care of your health
Don't smoke, only a little alcohol no…
@Devo, question sir, what are the potential consquences of the fiscal deficits you mentioned above...more treasury issues starting in Jan 2024..with many not sure who is going to buy them...does this mean higher rates or minimal impact? Isn't the t…
...according to CBS, the The typical American household must spend an additional $11,434 annually just to maintain the same standard of living they enjoyed in January of 2021, right before inflation soared to 40-year highs.
Nah, I don't think so... record amount of charges on credit cards, record amount of folks borrowing from their 401k, layoffs starting to rise...food still very expensive....
Rather than make a snarky Krugman remark now, may I respectfully submit to the class that for one home the property tax went up over 30%,the other 27% and still waiting to hear about the 3rd. My goodness, if this isn't inflationary I'm not sure wha…
@BaluBalu, thx for the reply...I'm referring to short duration T-Bills...of which most would say are the "safest" investment one could make....so why pay fees, take risk for a fund that cannot even out perform T-Bills....
To your point of choice co…
ROSOX has underpeformed 100% cash holdings since inception. Will the fund be returning the management fees to shareholders?
I have my doubts about this one going forward...one of top holdings is PUMA...ask any German teen/young adult and they will…
Good point @MikeM relative to time. @Sven. I was referring performance since inception not ytd. Since inception, I believe the point I was making was directionally correct.
How can CGDV be called Large Value when they hold stocks like say MSFT, AAPL, META which in aggregate both of them having price/free cash flow in the high 20's/30's or something like that? Does that scream value to you?
Maybe still a really good…
Bank stocks like Citi and Bank of America have done terrible the past few years. Jamie and Jeff as in bezos selling stocks in their companies...why?? Not a good sign when banks struggle....
Cramer is a clown. Watching his comedy show is painful…
Best lesson I learned during an executive education marketing program at university of Chicago....guy who worked for a pet food company in Brazil said about stupid advertising.....quote. If it didn't produce the results they wanted and weren't effe…
Bought starter position in CBUDX crossing bridge ultra low duration, buying more one and two year bills/notes, adding to PHYS and nibbling additional MRFOX
Be very careful out there when soliciting quotes.. I once asked an Allstate rep for a quote. Came in $300-400 less than State farm. Put it under the microscope. Asked why they left off uninsured motorist or something....oh we don't offer that in…
Definitely need to look at the financial strength of the insurance company you go with....what is also whacked is that the insurance business is something like your cable company...the newer customers get the best deals (or so it seems?) You'd have…
Don't get me started on car insurance. I've been told that the majority of the cost is liability and that bumping up the collision deductible really doesn't save y'all that much monies. I then ask so okay, liability. I have four automobiles and o…
I'm thinking real hard about the opaque knock on effects going forward. Not only from an investment standpoint but also from a societal view. Example. Starting to see reports that in several states over 20% of drivers do not have car insurance. Vi…
@hank. Went for a stroll after work and before dinner a few nights ago. Sun just set. Saw a line of intermittent lights in the night sky. A beautiful sight I was mesmerized and just looked at it. Didn't even consider taking a pix as I wasn't sur…
One of the greatest cowboy Western flicks ever is High Noon. Symbolism is next level. Very relevant in today's time. Fighting against tyranny. Speaking up with no regard or fear of being blacklisted. Not just following along with the crowd like so…
Sincere props and congrats to you @FD1000, glad to see someone doing well in the markets, they are challenging and tricky for sure....
What makes me go hmm, when I read your posts is why does a guy who is comfortably retired make huge moves in and …
uh, does the phrase "confidently wrong"come to mind? Hey, some say CNBC is the biggest comedy show on TV these days...dunno....
sure makes for good entertainment though...and nice luncheons at fancy dinner clubs in NYC....
Oy Vey.
I dunno gents...I think the folks in the market buying a home for $500-775K are making more than you might think at least that's the younger bucks I work with...so the home might cost them 2-2.5x annual salary....they have the mind set date the rate…
I'll answer the question in a different manner...most I would ever put in one stock (such as ACGL?) would be 6 to 12 months of salary if still working or if I wasn't, 6 to 12months of my best year while I was....depending on my portfolio size.
It'…
Stepped in with an intial 6 figure starter position in CBLDX, bought heavy 2 year T note, buying heavy 1 year Tbill, added smaller amounts to PVCMX and ramping up buys of PHYS.
Have to say, I learned a great deal and enjoyed listening to David Sher…
Knock it off larryB...you are the guy who initiatied and brought the political snark into the other thread and others piled on and somehow folks were surprised that some/many disagree with your views and position and pushed back with similar snark.
…
Starting to think when and at what point do folks throw in the towel and say no mas? Boomers have most of the shekels...why fart around when you can lock in 5% plus for the next year or two or three ..markets way overvalued, especially you look at …
Well, it's like Grandpa said to Charlie in Willie Wonka..."sign away Charlie Boy, what have we got to lose?..."
I always thought you got something to say? Say it and who cares how it comes across etc...you got a right to express yourself....I can …
Not sure how to interpret your son's reply d moran...Curious if your son believes this is a growth story due to its brand strength and huge cash reserve which can buy new tech start ups or invent a new space, growth in stock price due to it being a …
All valid points.... when I posted I was looking for how some would allocate their investments, how cautious they would be right now, would they hedge, looking for some creative ideas...the expensive watches was interesting and the stock of a Japane…
@hank, ya truth re hussy. Still wonder if we didn't have all the fiscal and monetary policies in effect over the past 15 years, hussman would be the modern day peter Lynch. He might still be but as I think you stated, we should all hope to liv…
5.5% 2 year cd jp Morgan chase today at fidelity, stepped in and conducted some commerce at lunchtime
Like the idea of watches. Get outside of financial system.... you've heard me pine about high grade rubies a few years ago
Don't read hussy co…
