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.
@hank
i dont consider barry in the MAGA camp, but unsurprised when some are unconvinced by numbers and what is right in their face. fyi, barry was\is part of the same financial complex he rails against. i have read all of bill's works and strongl…
the most amazing thing regarding barry ritholtz is his ability to get top-of-the-line guests.
there are several exchanges where barry pits his years of investing heuristics against bill's more probabilistic backed approach. it did not appear barry …
w/trump its worse. remember kushner's permanent peace cruise to the middle east?
the one where he was re-convinced by Israel to tank oversight the rest of the world considered reasonable? and bebe wants to convince he has some grand iran strate…
found it. bloomberg energy expert last week suggested going long was a bad idea, and a conflict could provide a chance to short oil. he has an update.
https://www.bloomberg.com/opinion/articles/2025-06-13/an-israel-iran-war-may-not-rattle-the-o…
vanguard mf->etf list only has mf with 'index' in name. probably will be same at others (fidelity 0 fee,...).
what will happen with active mf spawning an etf?
summary, please correct :
- no such thing as etfmf round tripping without tax consequences
- no such thing as etf round tripping without some type of net value loss
- there may be a 1-time mf->etf without above? (this is surprising, as i genera…
i can grant the mkt (correctly?) has priced past a mild recession and inflation is doing its self-regulating thing for the moment.
some posters have a selective love for numbers, but have yet to attribute any to the following :
"When I win, I will…
although 50% of my vanguard posts are not flattering, so far they have run an 'admirable' process in making sure mf holders share the etf class benefits, and not pricing etf share fees less than admiral shares.
see a fiduciary@work!
let me know when these cowards stop the WWE word war and do real tangible damage. what, you ask? plenty of examples.
musk : succeed in his (doge failed) net $2t of budget bill cuts by paying off gop congressmen... or immediately match all fund…
have NEVER been able to find a shuggi interview, but was surprised to hear a few things here :
- would not invest in tsla@95% shareprice cut. uncharacteristic hyberbole; made me quite happy. probably tied to general comments later on ceo\mgmt c…
in general, these niche stealth taxes pass, and are easily escalated. to most citizens, tax brackets and the std deduction are the only 2 they understand enough to care.
sometime 'inheritance tax' has sufficient name recognition, but most american…
seems doge access was never paused and will continue.
and i think a family member has already experienced a phishing scam from oig\ssa due to doge activity.
seems sensible for anyone in mostly the 'stay rich' camp who assumes they may not have unlimited time to recover from major collapse.
the main countering force is 'billionaire bailout', which has reliably repeated for the most politically strong g…
My plan to calmly reply calmly, requesting documentation that the recipient received this pension before providing them permissions or anything else. only 1099s , 1040s, and official financial statements from the source will be acceptable for the …
plus, he disliked musk long before that was cool.
sadly that, plus remaining a whipped value investor, is among the few things we have in common.
https://www.businessinsider.com/elon-musk-attacks-greenlight-capital-david-einhorn-on-twitter-2019-11…
The letter itself seems real, and the response is requested to a verified location :
Social Security Office, 1200 Reverend Abraham Woods Jr Blvd N, Birmingham, Alabama, 35285 United States
this is the only reason i fear a risk to completely ignore, …
keep in mind the R2000 may be representative of companies of that mkt size, but not reprentative of how one should invest. more so than most american indices, it has a high % of current and historically unprofitable companies.
probably the best e…
because cathie wood has made 1000X more money filching her investors rather than putting her own capital into her own investment vehicles. sound familiar? rich people always have their fans.
despite january polls showing the gop expected inflation under trump to be 0%, there is a reason that (obviously retrospective) reports of inflation and recession (partly self-correcting) are disingenuous.
because the economic commitment was to bri…
sven is correct, but only a small % of scale issues have non-ready solutions that require regulatory knowledge+cooperation.
but...in an anti-stem culture of grift, even the easy paths are ignored.
here is a solid example, around for a while :
htt…
trump is the bigliest injunctionee ever...what's a few more for crypto crimes when backed by scotus?
HAWLEY: Let's see the Trump chart. You don't think it's a little bit anomalous that Trump has so many more nationwide injunctions against him?
KA…
interpretation :
someone has attempted to circumvent the normalization of potus grift.
step 1. provide 6-7 figure donation to attend dinner and\or 'consultative' WH event.
step 2. attempt to get last word in on your scam, relative to dozens of oth…
w/so much $ and complexity involved, bloomberg made an impressive interactive chart.
'see!' MAGA cries, this 10^n D chess , with n>2.
trump's genius is that he can ignore details and boil it down during private 1-on-1 negotiations :
A. did they…
as hoped for, munis so far seem to narrowly escape trump's favors\grift\chaos radar...
"...the potential demise of tax exemption under the Trump administration had helped crimp relative performance. That risk has seemingly gone by the wayside afte…
Grantham had a fairly insightful comment for his critics...
In the major crises\recessions, he never met any serious manager that regretted being several years early (for large equity underweight), not based on whether they were able to keep their …
what a marooon.
first, says he doesn't buy it, but then some cant be bad...for who? family?
next, misses the entire point of the blurb and references regarding how damage can unfurl even to those that dont 'buy it'.
given sales of memes, nfts, b…
being neutral crypto does not make one immune...
"...for a problem in the crypto industry to actually have ripple effects, it has to get big and interconnected with the rest of the financial system. Stablecoins are the mechanism for doing that. Ev…
some insiders may jackpot in a technical default (e.g., budget ceiling raise known not to pass).
"...credit default swaps...The cost to insure against a default of the U.S. government in the next five years has risen to 54 basis points in recent mo…
i wonder if trump soon causes another disaster via retaliation\chaos in the realm of small investor predictability for rules on 'foreign tax treaties'.
after all, the phrase contains at least 2 of his most despised words.
on a related note, some …
woe be the group getting between trump and his 1-on-1 tariff reduction bribes.
now he has to fall back on a few hundred other grifts :
https://www.bloomberg.com/features/2025-trump-family-presidency-wealth/
without bribes, its clear to all but china that 10% tariffs is now benchmark par, based on trump's recent quote if nothing else :
“I’m not looking for a deal. We’ve set the deal — it’s at 50 percent.”
mark,
in 2024 i shifted prwcx->prcfx in all family tax deferred accts.
Giroux, who is no slouch in multi-asset, has high praise for shuggi's risk adjusted fixed income skills.
seems like a good combo even if you find a better bond manager, becau…
