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.
I've lost count of all the laws this guy has broken.
It's unfortunate that the rich and powerful can get away with all this s**t.
With cases pending in New York / Georgia, maybe the long arm of the law will finally catch up to him?
This is a man who…
Some Vanguard funds have one subadvisor, i.e. PRIMECAP and Wellington, while other have three or four subadvisors. Instead of replacing those don’t do well, Vanguard likes to add more.
Back in the 90’s, Litman Gregory launched a series of Master…
Well, sure, but I suspect that for those funds which have outside advisers, Vanguard is purposefully slotting multiple managers, not just to provide diversification of returns, but as a very clever means of controlling costs: If a fund has 4 manag…
Thanks for the reminder about PURIX.
"Publicly available information on Fisher's funds and strategies showed mixed performance.
The Purisima Total Return Fund, for example, returned well under half of the S&P 500 Index
in its final 10 years bef…
@Mark,
Thanks for the link.
Market prognosticators make predictions that are often forgotten by investors.
These individuals' past prediction history can be very revealing.
The majority of "gurus" listed on the Guru Grades site have an accuracy ra…
Jeremy Grantham recently predicted that U.S. markets are in an epic "superbubble."
He very well may be right this time.
However, Mr. Grantham has often been bearish during the past decade.
Investors who implemented portfolio changes based on his pre…
"For years Meta has been one of the largest stocks by market cap and one of the most widely held names by mutual funds, and a handful of them have particularly large weightings in the company in their portfolio.
We looked at which funds invested the…
I think golub1 is correct. The only way to get there is to build your own. But it sure would be nice to have 1 well managed international balanced/allocation fund doing the work for you.
Still unbelievable to me that a 60:40 balanced type fund usi…
Vanguard often has too many subadvisors for its active funds.
I prefer only one or two subadvisors on a fund.
I don't like it when there are "too many cooks in the kitchen."
It does seem like some Fed officials have been jawboning.
This is a very difficult environment for bonds.
The fixed-income portion of my portfolio is in short-term bonds and a Stable Value fund.
I really dislike bonds now but it wouldn't be prudent…
M* indicates that BIVIX has a net ER of 2.84% and an adjusted ER of 2.24%.
I personally wouldn't purchase a fund with an ER > ~1.25%.
Many alt funds are too expensive...
"Vanguard’s target-date series is making headlines this week because of an unusually high capital gains distribution that has riled investors in taxable accounts and drawn scrutiny from regulators.
It has sparked debate over whether target-date fund…
VONE is the Vanguard Russell 1000 ETF.
ANNPX invests primarily in U.S. dollar-denominated convertibles.
Since these two funds are vastly different, why compare them?
A phone number for Registered Representatives is provided for Flagship Services customers.
Although dedicated representatives were previously available, I've heard that Vanguard
no longer offers this level of service.
Vanguard customers enrolled in Voyager Select Services or Flagship Services (not sure about others) will have phone numbers listed on their statements. Here's a link with phone numbers for various Vanguard investors.
Link
Vanguard and FIDO were ready mid-January
some brokerage houses invest in mighty computer resources to crunch their numbers
Surely you're not suggesting that Vanguard mightily invests in computer resources :-)
Chairman Tim Buckley said Vanguard was …
I have to admit I'm slightly envious of long-term PRWCX investors.
If anyone is disappointed with the fund's recent performance and is interested in liquidating their position, perhaps we can strike a deal? ;-)
"Corrections are about as unpredictable as the weather. And they can vary as much in intensity as well.
I doubt if there’s any one good way to prepare. Maybe you shouldn’t even try?"
Corrections can occur at any time and sometimes for no particular…
General human behavior is something that rarely changes over time.
Irrational investors have caused or exacerbated bubbles and crashes for hundreds of years and will continue to do so.
I've had an Ally Online Savings Account since late 2013.
This account currently offers an APR of 0.50%.
There are no monthly maintenance fees or minimum balance requirements.
Since opening the Ally account, I've opened several savings/checking accou…
To your point, Mr. Grantham is very knowledgeable and articulate.
However, his market prognostications have been wrong for many years now.
I don't make investment decisions based on statements from "experts" or "market gurus."
T. Rowe Price was the second largest holder of DKNG as of the end of September (behind Vanguard) https://www.holdingschannel.com/institutional/holders-of-dkng/
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Interesting snippet on Wood’s troubles https://seekingalpha.com/news/3788991-cathie-w…
No argument here. Un-vaxed doink-brains. "You can tune a piano but you can't tuna fish."
Au contraire monsieur!
I've tuna fished on several occasions. :-)
One guy NOT on this year's roundtable is FELIX ZULAUF. However, for anyone interested, his recent thoughts/prognostications are on a recent YT video. He expects a major drawdown in equity markets in H1-2022. If I recall, something like a 33% …
I don't know what the "floor" will be, but many Nasdaq stocks were recently down 50% or more from their 52-week highs.
"Four out of every 10 stocks in the Nasdaq are currently down 50% or more from their 52-week highs.
One out of every 5 stocks in …
Question: is rebalancing the same as tinkering?
I feel it is not, but along with diversification, part of fundamental portfolio management.
Best of luck,
Rick
I don't consider rebalancing to be tinkering.
Rebalancing is a strategy implemented to co…
