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BaluBalu
Professional Experience:
Corporate Finance (Corporate Venture Fund investments, International and Treasury finance, Public Debt issuances, M&A, Joint Ventures, Planning, Business Divestures, SEC filings);
Policy and Legislative & Regulatory Affairs - Washington DC;
Capital Markets - London and NYC;
Commercial Bank Lending;
Field Biology.
Hi @davidsherman,
How do you manage flows (via brokerages) into your funds to protect continuing shareholders in volatile markets? For example, if the fund receives material sell orders, you will have to market (sell) holdings in the next 24 hour…
Grandeur Peak's negligent behavior has been discussed many times before in this forum. Just repeatedly issuing mea culpa via fund manager commentary is not good enough. There is no change in Grandeur Peak's behavior. Fool me once shame on you and…
@msf, Sorry, I do not mean to offend but I tried to convey this more politely many times before. You are always welcome to provide more specifics, without saying / indicating others’ broad, general statements are wrong, especially when those statem…
I check my portfolio daily performance relative to PRWCX and also the daily relative price movement of portfolio constituents. I check my cash balance occasionally (no schedule), depending on how aggressively I am buying or selling. I check my por…
Seems like in retirement one should not (1) generate (SS income, RMD, + investment income, cap gains, etc.) more income than one needs and (2) take investment risks that could result in generating more than (1). Also, is it reasonable to say that …
Thanks, Yogi.
Many will experience no loss of income /RMD after their spouse’s passing. Very strange Medicare rules, given how much Medicare tax would have already been paid by the person. Highly disincentive to work hard during working age. Is…
So, are these ETFs going to liquidate if he retires or otherwise taken off the air: death, disability, politically / morally incorrect speech / behavior?
A bit off topic -
Are there any exceptions for IRMMA if in one year you have a spike in income from a sale of business or selling your your primary residence? I have to assume many people live in their houses for 20-30 years and downsizing to a n…
Today's price action makes this bump up look like it has more legs. It did not look as convincing yesterday. I did not sell anything today based on this bump up - had a limit sell order that I had set up many months ago trigger today.
@yogibearbull, theoretically even $1 cash would have tainted any exchange of Energy stock for BRK stock to make the entire exchange taxable. He could have taken all stock and later sold some but that would have been seen as future CEO cashing out. …
Thanks @Yogibearbull. Hopefully, a few years from now we will not look back and conclude Archegos was part or start of the process of collapse of financial excesses.
I did not buy anything today, though based on weekend research I wanted to buy so…
Thanks. So, I guess we could say 2022 is unprecedented, given we aren’t in 1930s depression.
I was hoping somebody would comment on why VIX fell on Friday when market fell quite a bit. Is that one of the set ups for today’s bounce. Any thought…
Just to expand on my post, I need a fixed rate of at least 1.5% so I am not in the hole if inflation goes back to 2% by end of 2023 and stays there for another 20-30 yrs. Otherwise, I will buy in January (already used 2022 limit) knowing I am likel…
If one has some throw away money, I would put into this over ARKK, just because she can not trade in and out so easily. As to she investing her own money, she just has The Brass Teapot that spits out money even when the pain is yours. When money c…
Thanks, @staycalm.
M* could be wrong but it shows "Open" Status.
For those interested to dig into the fund details, the monthly commentary and other resources (incl archive of commentary) are listed on the right hand side about mid point on th…
"Trade from lower coupon to higher coupon bonds, $distributions will go up."
Presumably by going to a lower credit bond or if one of those bonds is mispriced and the manager decides to swap for the underpriced bond?
Of course, if fortunate to have…
The fund website indicates about 150 companies each on the short and long side. That is 300 companies. They use technology to screen companies to hold in the portfolio. Is it fair to call this a long-short quant fund?
If you readily have the li…
@BaluBalu
Individuals like Putin don't stop with "just a little bit". Button pushing for more won't stop. What's to lose???
Not unlike Hilter doing a bit of government rework for the country of Czechoslovakia in 1939.
@catch22,
Until I saw @Cra…
@crash, Thanks for the suggestion and congrats on your port’s PRWCX size. I have a lot more room in PRWCX. BRUFX $ 500m AUM is very enticing but the constant redemptions gives me a pause.
The author at that link ends with, "[U]nder any reasonable strategy, using the weapons is unthinkable and so threatening their use is by definition a bluff."
I would not be so sure. If he has to give up any territory he wants to control (probabl…
The countries with nukes get a free pass (zero accountability). We can see why so many other countries want to have nukes (may be as a deterrent) even at the expense of feeding their people.
Thanks, @msf.
"There are some elections - basically how accretion is calculated (there are multiple methods) and whether one chooses to declare income annually or upon sale."
If the above applies to OID as well, I would be interested if you have a…
@yogibearbull, as different equities are making new lows, sentiment wise, the market pundits who are bears and bulls are coalescing - Mike Wilson is starting to talk about getting closer to the bottom (and not getting more bearish) and Marko Kolanov…
Do you guys know if there a limit on how much one can withdraw by check from VMFXX - sweep at Vanguard brokerage? Edit: The Rep says no limit below the balance in the fund.
Thanks. For the rest of us, since I had to look up, for reference, today's close are 10,737.51 and 1,674.93, respectively. Less than 1% and 2%, respectively, above June lows.
Have you guys looked into the tax treatment of holding and later selling Treasuries in the secondary market?
Let us assume the coupon is considerably lower than the yield to maturity (YTM) on the date of issue and the YTM is higher at purchase th…
