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.
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TIPS pricing has improved compared to 1-2 months ago. Nothing quite like Ibonds unfortunately.
The Psychology of Trafing is a good book I read many moons ago which I recommend to people who want to understand emotional techniques to deal with trading. This is not the same as investing for which you are better off listening to munger interview…
A Podcast made by NotebookLM based on this article:
NotebookLM is a Google Tool. I submitted the web link of my MFO article and the audio file of the zoom interview with Pabrai. This is the link to the audio podcast. It's 14 minutes long. I don't e…
On the Pabrai Wagon Fund:
1. This is the MFO link to the article: https://www.mutualfundobserver.com/2024/10/the-pabrai-wagon-fund-overview-and-interview-with-mohnish-pabrai/
2. A Podcast made by NotebookLM based on this article:
NotebookLM is a…
From Chatgpt:
The **LIVR ETF** (Intelligent Livermore ETF) uses a **proprietary AI-powered stock selection process** that integrates human expertise to construct a portfolio of large-cap stocks. The selection process follows these key steps:
1. **…
There are 3 questions here:
1. Can Sherman manage more? That seems like the easiest one to answer. His sandbox is huge. One doesn't need to analyze more securities, just take larger positions in existing securities. The fund could handle a lot more…
The stock got a lot of tourists coming in as it got to the trillion dollar mark thinking this trillion dollar company was like the others. Berkshire isnt NVIDIA. The tourists are going to leave and its getting messy messy messy. Volatility is pickin…
For sure I know you were not disparaging. We were just taking the wsj to task which it deserves and their readership is declining while I hear MFO is making all time highs
I know Gunjan very well. We've spoken on various market issues over the years. She is smart, educated, and articulate. Journalism has become more sensationalist and everyone needs to keep their jobs. In terms of market knowledge, she is as smart as …
The good news is that its a trillion dollar company. The bad news is that its a trillion dollar company, that is now highly priced, and exposed to the economy, stock market, and future management at this high valuation. Like the S&P, Berkshire w…
@mikem there are so many reasons to invest in a fund. Market returns and volatility are just one. Insight into the active manager and actions surely supersedes anything quantitative and analytical.
Having said that if we are to believe that 95% of…
There is a growing amount of target vol products on Wall Street They hedge dynamically. They sold a lot when the volatility blew out. Now they might be buying in again. Btw i don’t believe any report which claims to explain why the market does wha…
@Observant, I am glad you read the 2 Options articles I wrote. In addition, I am curious if you took @wabac lead and replicated the portfolios. You might want to do that for not just JHQAX but also JHQDX and JHQTX which are the 2 of the 3 funds of t…
@staycalm thanks for the numbers. Reading through the comments it became clearer to me that everyone has vastly different measures of success. In degen lingo WAGMI.
The saying, "In Russia, it is very difficult to predict the past," is now increasingly applicable everywhere.
If its difficult to predict the past, what chance do I have to be *convinced* about the future.
Macro trend following and mean reversion, the kind of trading BLNDX probably does, is difficult to do for most players because there is no "fundamental" value for Sugar or Coffee or the Yen. Thing can move and these days everything moves faster than…
The fund uses options strategies to create bill income. Counterparty risk is taken by the options corp. The occ. In a major, unprecedented event, margin might be insufficient. Government will step in because you can’t let the occ go belly up. You ar…
Sure. 1987 never happened. Nobody ever lost money dynamic hedging.
The name is misleading. they plan on buying and selling puts and calls along with cash and making daily decisions on what to do. So much fun.
From David Sherman's Q1 2024 commentary: https://blog.crossingbridgefunds.com/blog/q1-2024-commentary-getting-off-the-benchmark
"There are good players overseas - Having been involved in the Nordic high yield market since the mid-2000s, we have de…
