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.
Long time ago I invested with their Master Select International fund and left several years later. The concept of running a fund utilizing multiple "star" money mangers was interesting but there is no synergistic between between the stock picks.
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FWIW, I still maintain that there should be a separate, distinct, "Political Discussions" category, and that category should not be included in "Discussions+".
Then no one who did not deliberately choose that category would ever need to see it.
I …
Yesterday the PBS Newshour had a very informative segment about our nations response to the coronavirus pandemic. It is approximately 8 minutes in length.
Link
Delete - sorry
How does one delete one's own post? I haven't been able to work it out.
I don't know if there is a way to entirely delete one's own post.
You can select the edit option (upper-right gear), delete the original content, and replace i…
+1 Crash Yes-36 of the 37 OECD countries have universal healthcare(although Mexico,Colombia and Greece probably wouldn't be your top choices) Non OECD countries like Uruguay and Costa Rica also have it. One guess as to the outlier !
President Trum…
I have no idea if there will be a rotation to value or mid-caps in the near-future. Regarding turnover, I generally avoid equity funds with turnover greater than 40%.
The ARTQX management team outperformed the mid-cap value category for a number…
I hear that the airlines still pack the planes. The only social distancing they practice is before boarding. Face covering is mandatory and yet some still fight this public health rule. It will be sometime before the airlines return to normal when…
This guy was posting photos of the boat on social media...you would think a fraudster would be a little more discreet.
Sometimes these cons don't really think about what they're doing.
This reminds me of a local man who fraudulently claimed disabil…
Typical,
1) A second rated paper have a story from unnamed sources and the Lib media runs with it, they don't care if it's true or not. Then of course, they talk about it like it's a fact. If they are wrong, so what, let's look for the next issue …
According to the following article, Robinhood users' trading did not influence the price of most stocks.
However, these users did impact prices for certain small, speculative issues.
Link
I have one fund that was up slightly today - BCOIX (0.08%).
VUSFX, which I use in lieu of cash, was flat for the day.
My other funds were down -0.13% (DODIX) to -3.77% (VWILX).
It's unfortunate that our "strong", "patriotic" president was unable to prove his mettle in Vietnam due to those troublesome bone spurs. His contempt for service members who were killed or captured is despicable. How can our service members respect …
Is there an etf equivalent to VWILX ? I couldn't find one, so I'm starting a small spec play in JIG . Limited volume, so I don't know if Fidelity or Schwab will process buys of this etf.
Vanguard has an ETF share class for many of its indexed mutu…
I find it interesting from a psychological perspective that the one fund I recommended that is hot right now VWIGX is the one many MFOrs are interested in while the two value ones I mentioned that are also good funds in their categories--QUSOX and H…
I really like the Parnassus Core Equity Fund for the following reasons:
• Long-tenured managers (start dates of 2001 and 2012) who have over $1M invested in the fund
• Good downside protection
• Moderate turnover for an actively managed fund
• Port…
That was my point of having too many cooks in a kitchen. Unless they work well together, they tend to dilute the strategy as well as the fund's performance. If the asset gets too large, closing the fund would make more sense.
I totally agree wi…
TimesSquare Capital Management is the fourth subadvisor for the Vanguard International Explorer Fund. I see no advantage in having so many subadvisors. If Vanguard's Oversight and Manager Search team conducted proper due diligence, why would more th…
Rebalanced my 401(k) yesterday. Sold some VG 500 Index CIT shares and added to existing Dodge & Cox Income (DODIX) shares. Increased DODIX allocation 4.3% within 401(k).
I prefer to hedge currencies for world/international bond funds.
Since I generally use bonds for ballast, unhedged bond funds are simply too volatile for me.
On the other hand, I favor unhedged foreign equity funds.
Hedging has less impact on equ…
The Vanguard Global Equity Fund is the only Vanguard fund that Marathon advises.
Marathon has advised this fund since its inception in 1995.
From the December 2018 issue of 'The Independent Advisor for Vanguard Investors' newsletter:
"Original ma…
Although Vanguard is often associated with indexing, its actively managed funds had more than $1.4 trillion AUM as of 12/31/2019. This makes Vanguard the third-largest active investment manager in the U.S. Low fees and talented management teams (e.g…
I considered investing in PIMIX a while ago. In the multi-sector bond category, PIMIX had generated top-decile trailing returns with below average volatility. The fund's non-agency mortgage sector investments accounted for much of the strong perform…
This brings back memories. As @msf mentioned, Helen Young Hayes was a "star" manager back in the '90s. She received the 1997 M* International Stock Manager of the Year Award. I owned Janus Worldwide for a while until selling it to buy Janus Overseas…
I saw the same Forbes article a while ago. It invalidates assertions that the stock market performs better under a Republican president. When I posted the corresponding table on on another site, several staunch Republicans did not appreciate the act…
I think I found it after trying to figure out where an M* writer got off to.
Mike Lee? Stan Lee? Used to cover ETF's at M*. Wrote a couple of pieces here.
I don't follow ETF's. But I always enjoyed reading his stuff.
I believe you are referrin…
I've owned Parnassus Core Equity Institutional (PRILX) in my HSA for several years. The fund's performance (especially during downturns), low costs (for an active fund), and experienced long-term management team influenced my investment decision. ES…
Interesting tread here for sure. I left FMI funds several years ago to other options perhaps better suit my purpose. FMIJX holds high quality stocks but the growth oriented stocks seem to do better in today environment as value stocks have lagged …
Mr. Hasenstab is a former star manager. Two of the funds he managed, Templeton Global Bond and Templeton Global Income, consistently generated some of the highest trailing returns in the World Bond¹ category. The funds' performance in recent years h…
he still has $1,000,000,000 ???
The only manger I know who was worse is Henry Van der Eb who ran the Mathers fund. He nailed Black Monday and then sat in cash forever after
I nominate Charles Steadman for the dubious honor of being the worst fu…
Andrew Foster was a former manager of Matthews Asian Growth & Income and he was also the Matthews CIO at one point. If I remember correctly, Mr. Foster wanted Matthews to broaden their investment universe beyond Asia. Since Matthews refused to v…
The Yale Endowment has a perpetual time horizon.
Because of its scale, the endowment has access to the best alternative asset managers and leverage to negotiate "reasonable" fees for a particular asset class.
Individual investors have a finite time …
BGEGX is one of my favorite EM equity funds. The fund is team-managed with below-average expenses. It has performed well within the EM equity category but be aware that M* classifies BGEGX as a high risk fund.
I transferred my Roth IRA to Vanguard a little over one year ago. After the transfer, FMIJX was replaced with VWILX. I did not expect VWILX to significantly outperform FMIJX during severe market downturns.
FMIJX - Max. 2020 Drawdown: -28.24%; YTD …
General Mattis makes excellent points regarding military engagement and about the need for national unity.
I was appalled that law enforcement in Washington, D.C. gassed and forcibly cleared peaceful protesters in Lafayette Square yesterday to enabl…
