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.
@catch22 - what you said about boomers is exactly why I want extra exposure to this sector. So if I understand your post... if I believe more in health care equipment... go with FSMEX.
Interesting reading here. I owned FSELX for a while. I subscribed to the notion that AI will be growing and semiconductors is a prudent long term high growth play. It probably still is but the gyrations with NVidia and Intel - I couldn't take the v…
Just want to say thank you to the board here. I didn't know the first thing about ARTYX until I found MFO. I had a modest position in FPADX and it was moving along just "fine". After reading a ton of articles / stories about EM and Small Caps for 20…
Love this! So true. I just ignored March and kept on. Perhaps out of ignorance or just pure luck. I'm glad I did. So this just may mean the next correction is a ways away. No one knows.
Does anyone know why the FSMEX MFO rating dropped to 3 over the 1 year term? I noticed that its APR vs Peer was only +2.2 but I'm just curious if there's another reason?
I keep looking at PRHSX as well but am unsure of the manager changes that hav…
@bee I read every one of those MFO posts via search. I saw a lot of folks support FSMEX... but I posted on the off chance someone had some info or reasoning why they would prefer FSPHX more. So far, the search is proving FSMEX or the ETF is the favo…
@mikew investing in travel is brilliant imho. There’s so much pent up demand. Everyone stuck at home and travel restrictions. Travel Summer to Fall is where the growth is at.
Note: I know nothing about the fund... just commenting about your refere…
This is such a great tool. I do have to substitute some of my funds with Vanguard comparable to get it to go back far enough. For example FXAIX only goes back to 2011 or 2012 while VFIAX back to 2000 I believe. I like backtesting porfolios that incl…
@observant1 thanks for sharing the spiva pdf. Page 4 is interesting - the table shows that over a 15 year period, 92.35% of all Large Cap Growth equity funds failed to beat their benchmarks. I guess that is what you and others are trying to say. I u…
This is a good discussion. If we ignore bonds for the moment. Buffett and the Index proponents say don’t try and beat the market. Just own the market. Most say an S&P 500 or Total Market Index.
Ok, so if we ignore bonds (for diversification or…
@observant1 et al - revisted this thread by searching for FSMAX - Fidelity calls it a Mid-Cap Value fund and M* a Mid Cap Blend but MFO Premium categorizes it as a Small Cap Growth - which complicates things because if you look at FSMAX against the …
Thanks for sharing. If I understand the premise of the article - it's really about Index Funds vs. Active Management. It makes a compelling case for just investing in the S&P 500 Index and not trying to find the "hot hand" or chase a portfolio m…
I loved reading this EOY report. I’m going to take a closer look at the Wealthbuilders Fund of Funds. There’s a lot of meat in this report. I even liked it from a stylistic pov. Big fan of Buffet quotes too. I’m nervous about Tesla’s continued growt…
As I’ve noted... I’m in a fair number of MS funds... They have been @stillers for me (oops I mean Stellar) for me the last couple of years. This year looks strong as well. @BenWP shared a really interesting Baron EOY report which led me to this stor…
Thanks for the share. I cannot believe Immelt was able to write these words describing a co-worker in his book “and lacked what I can only describe as a C.E.O.’s intuition,” Mr. Immelt writes
His lack of “intuition” cost many stockholders and emplo…
Really interesting feedback above. @Baseball_fan I can be guilty of tinkering too much in pursuit of perfection that doesn’t exist in this game... which is why I had to post to the board... I was hoping I might learn something new. (I have). It was …
So a simpleton like me ... reads the paragraph on ‘Duration Risk” that @bee references above... and where Paul says to ‘take duration risk in your equity sleeve” ... and my take away is: be careful with long term bond funds and if you have a longer …
@msf @mark @catch22 - you’ve already helped by your responses. Thank you! I believe he has it in a 401 vs ira and you’re right... if so ... its limited choices on mechanics etc. The info on MRLOX is appreciated as I am unfamiliar with that fund. Rea…
Given that he’s assuming the Chairman title and still retains over 10% of the stock, it should not impact the stock one bit. Not one bit.
Actually... something even more impactful... the groundhog just saw his shadow which means six more weeks of …
Reuters: The Fidelity Intrinsic Opportunities fund, for instance, owns 9.75% of GameStop’s outstanding shares, according to Lipper data. Yet that position accounts for just 0.64% of the fund’s assets. The fund is up 5.6% for the year-to-date, approx…
Rambling interview and that's being charitable. He has been a debby downer on the market since 2019 and prior. . . perhaps preparing for his book release "waiting for the last dance"
Using his words ... "if the Fed continues to be favorable" and th…
Agree with @royal4.
On another note, let's not paint the entire market with a broad brush. The sky is not falling. This is limited in scope and reach. Believe it or not, Elon Musk summed it up nicely in 1 tweet:
u can’t sell houses u don’t own
u …
MGGPX, MSEGX, MSSMX, MIGPX and yes I would say they are big players. I’m trying to avoid “dworsification”... it’s hard for me. But yes the first fund is my core International and the last one is the only one I could buy in that account. I have 10 pe…
@mcmarasco Zhao has actually been in charge since middle of 2019. He overlapped with Dance. It’s a strong fund with a long history of superior performance vs. peers. For the most part (not all cases) I have less concern with Fidelity manager change…
@rforno I love that move on SCVX. For the same reasons I think PLTR will be fine moving forward. It’s a category/sector that keeps increasing in importance. Cyber security fragmented.
IMHO - you have yourself a very good fund in MSAUX. I just invested in FSEAX this month... so I think you know where I think EM / Asia is headed. Also a long termer here.
Yes I would delete the post if I could. But I still appreciate @stillers contributions despite his lack of appreciation for TB. Oh and @crash I’m a fan of the Packers but have a personal connection with TB
@stillers - good point. I have a fair amount of cash on sidelines and would love to have an opp to buy some more MS at a discount.
https://www.cnbc.com/2020/12/28/this-morgan-stanley-mutual-fund-has-more-than-doubled-this-year-here-are-its-top-hold…
