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.
Thanks, Mona!
It's interesting that Vanguard is considering external candidates for the CEO position.
Perhaps they're seeking transformational change in order to maintain or improve
their standing in the ultracompetitive asset management industry?
…
The Ben Inker article referenced in the OP can be downloaded as a PDF without registering on the GMO site.
The Quality Anomoly (Ben Inker)
https://www.gmo.com/globalassets/articles/quarterly-letter/2023/gmo-quarterly-letter_4q-2023.pdf
The Quality…
Looks like the UW Huskies played the UConn Huskies five times from Mar 19, 1998 - Dec 22, 2013.
The UConn Huskies won each time.
https://uconnhuskies.com/sports/mens-basketball/opponent-history/university-of-washington/269
The Week in Charts (03/08/24)
The most important charts and themes in markets, including...
00:00 Intro
00:18 Topics
01:10 Here Comes the FOMO
09:20 March 2009 Low: 15-Year Anniversary
11:53 Digital and Physical Gold Rush
17:19 Spending Like Drunke…
There have been many complaints regarding Vanguard customer service and technical glitches over the years.
Tim Buckley was Vanguard's Chief Information Officer from 2001 to 2006.
Mr. Buckley should therefore be well-versed in technology.
In 2019, he…
Vanguard refuses to carry bitcoin ETFs.
Previously, they refused to offer internet funds or 130/30 funds.
I believe these were sensible decisions that were in the best interests of Vanguard "owners".
Vanguard does not disclose much information rega…
@fundly. +100. DO NOT LOSE IT. you speak the truth. If you use portfolio visualizer try a 50 / 50 mix of vanguard Wellesley and Wellington which becomes a 50/50 allocation. Its worst year is less than WBALX and the return is much higher. And o…
Hopefully, the end of this bull market will not be reminiscent of the Stock Market Crash of 1929!
Ed Yardeni states that the economy and consumers are doing well.
He believes there are opportunities available in tech, industrials, financials, and e…
Thanks for sharing the article, Mark!
This Supreme Court ruling is disappointing.
Section 3 of the 14th Amendment is, in effect, null and void until Congress enacts corresponding legislation.
Other Reconstruction-era amendments are self-executing -…
After a short hiatus, Bilello is back!
The Week in Charts (03/01/24)
The most important charts and themes in markets, including...
00:00 Intro
00:11 Topics
00:57 All News Is Good News
05:59 Another Strong Earnings Season
08:15 Home Depot: Stock Su…
“'We conclude that States may disqualify persons holding or attempting to hold state office,' the Supreme Court said in its ruling Monday. 'But States have no power under the Constitution to enforce Section 3 with respect to federal offices, especia…
"At the heart of the Trump legal team’s filing was the extraordinary contention that not only was Trump
entitled to absolute presidential immunity, but that the immunity applied regardless of Trump’s intent
in engaging in the conduct described in th…
The fraudster just launched a new sneaker line.
He hopes sales will be golden to defray recent judgements.
The Never Surrender High-Tops sell for a whopping $399 and are rather ostentatious.
They're too expensive, not my style, and regardless, I wo…
[snip]
Saw this one LIVE here, last night. A great evening.
Money is not everything.
Visited Pagliacci here, last night. A great experience.
No clowning around!
Pizza is not everything but...
https://www.pagliacci.com/order/products/113
“I said, ‘You didn’t pay, you’re delinquent?’ He said, ‘Yes, let’s say that happened.’ No, I would not protect you. In fact, I would encourage them [Russia] to do whatever the hell they want. You’ve got to pay. You’ve got to pay your bills.”
This i…
Many firms are responsible for managing only a fraction of a fund's total assets.
There are several firms which manage 100% of assets for one or more Vanguard funds:
Baillie Gifford (1)
Ninety One North America (1)
Primecap Management (3)
Wellington…
I periodically review the list of Vanguard active portfolio managers.
There are a few select firms which manage three or more Vanguard funds¹.
It may be beneficial to focus on these firms.
Data as of 12/31/2023
Baillie Gifford (6)
Primecap Manageme…
I checked the link just now. "Data is unavailable at this time. Please try again later."
Must be time sensitive !!
Received HTTP 502 error (bad gateway error) when attempting to access the web page.
https://en.wikipedia.org/wiki/HTTP_502
The Week in Charts (02/11/24)
00:00 Intro
01:31 Topics
02:42 The Longest Inversion in History
07:01 More All-Time Highs (S&P 5,000)
15:44 Nvidia Now Bigger Than Entire Energy Sector
29:56 No Rush to Cut (Fed Policy)
44:14 Profitability Matters …
I have no experience with Schwab.
Whenever I've read articles rating online brokers, Schwab always performs well in the ratings.
I've been with Fidelity for many years and am pleased with their service and offerings.
I have a few Fidelity accounts.
Cash reserves are automatically swept into Fidelity money market funds.
Perhaps you're thinking of Schwab advised accounts?
IIRC, customers who use Schwab advisory services are asked to keep a fairly large
amount in "…
These questions were very subjective.
I did not strongly agree or disagree with quite a few.
My best fit was "Establishment Liberal."
After reading the typology descriptions, it seems that a combination of
"Outsider Left" and "Establishment Liberal"…
GSIHX was mentioned in Morningstar FundInvestor (February 2024).
"Led by manager Rajiv Jain, Goldman Sachs GQG
Partners International Opportunities has continued to
build upon its strong record. Over the 12 months
ended January 2024, the fund’s…
Hank,
I also remember the dot-com bust and preceding period well.
Tech stocks were bid up to extremely high levels and exuberance was off the charts.
Many "investors" believed it was easy to mint money and some even quit their jobs to become day tr…
Back in the late 1990s, most Internet stocks had no earnings and no viable plan on how to turn a profit. So it was really a unique situation where valuations didn't seem to matter. Traders just bid up any old garbage with ".com" attached to the nam…
@PRESSmUP
GQG Partners was founded in 2016 and had $120bn AUM as of 12/31/2023.
Total assets for the GQG Partners International Opportunities Fund accounted for $34.46bn.
Rajiv Jain has performed admirably as an investor.
I considered investing with GQG but "key person risk" in Mr. Jain is a real concern for me.
Also, the firm's AUM has grown tremendously over the past few years.
