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 am pretty certain it was 1992 when I jumped at the chance to buy re-opened low turnover Primecap shares for a taxable account. I felt fairly lucky, except SEQUX caused some fund envy. But of course, that envy disappeared in time. Other than MM …
Evidence for @racqueteer:
Back when the M* forums were popular FD was rather demeaning to an individual, retired from a career in military service, for the relatively modest value of his portfolio. It was a cheap shot and several other forum membe…
Meanwhile. JNJ and MMM have both experienced larger corrections due to potential legal liabilities. Perhaps Norfolk Southern's stock will correct more as time passes by.
Adding fuel to the fire, let us not forget Sequoia. I had such fund envy of it for a long time; in retrospect I am thankful it was closed to new investors.
Thank you, David. I just sent a contextual letter and the same link to my 63 year old sister who owns a house in Miami Beach. Mitigating losses in the face of rising sea levels seems prudent.
