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.
@Lewis -- I would argue that ARKK also engages in a form of value investing if you broaden the definition of value as paying for something today that you expect to sell for higher tomorrow. ARKK is obviously using growth and discount rate assumption…
Agree traditional balanced funds don't work when bonds and stocks both go down. This is an environment for long-short, alternative or managed futures funds. Those come with execution challenges too but recently have been doing better than the tradit…
I read Hussie commentary for many years. Good writer and it all made sense and I was invested with his fund for many years but turned out to be a money loser.
In investing, unfortunately one has to be right and get the timing right too.
Yes BLNDX and MAFIX are managed futures funds. Neither of them to my knowledge invest in individual equities or bonds. MAFIX is up more than 8% YTD, pretty solid.
Photos are usually intentionally chosen depending on the slant of the author and publisher. Media outlets on both sides do it. You'll either see Pelosi's or McConnell's 3 chins depending on the media outlet.
Media long stopped being an arbiter of t…
onetrust is a popular cookie consent management tool. While OT provides templates and language ootb, customers can customize how the cookie choices are presented to end users.
Unfortunately there isn't any standardized way in which publishers prese…
On a related note, GDPR and cookie choices is all good stuff but the tech cos, publishers and advertisers are light years ahead of the regulations.
As long as there are eyeballs on the web consuming any kind of web content, advertisers and tech cos…
I work in Tech and am very familiar with how cookies work. While above suggestions on how best to manage privacy settings are reasonable and I don't mean to be Debbie Downer the sad reality is that the notion of complete privacy when on web is near …
@Observant
Trump fund raising for the pretext of fighting alleged election fraud but not actually using most of the funds for said fraud was fully legal because the fund raise page stated this in the fine print. It's amazing how much one can legall…
Creativity is great and is very much in the American spirit of monetizing anything.
If the former POTUS can fund raise(grift) millions for alleged election fraud (a fraction of that raise was actually used to fund the lawsuits, rest basically went…
While blockchain is useful it is very challenging to get an ecosystem to adopt it. There are some success stories out there but blockchain isn't scaling at speed.
I-Bonds purchased by end of April 2022 are guaranteed a rate of 8.37% for the next 12 months. If you purchase at end of month and redeem at start of the month the 3 month penalty effectively becomes a 1 month penalty. So factoring in the penalty th…
There is no deadline for I-Bonds. Apr 29 was the last day to get a guaranteed 8.37% for the next 12 months. I-Bonds bought in May have rate visibility for the next 6 months but not for the 6 months after that. New rates can be computed in October 20…
I used to own FAIRX and TAVFX too but bailed out many moons back. Bruce made some great calls post 2008 crisis (especially on Bank Of America when it was below $10) but his overall performance over the decade of 2010 was meh.
Also I believe I-bonds are entirely tax free if proceeds are used for educational purposes but do your research, don't quote me on it.
I-Bonds are a very sweet deal right now, nothing else in fixed income comes even close. I loaded up in Dec 2021, …
@BaluBalu
Spreading my bets between the two. Collectively they are about 15% of my equity allocation. MAFIX has done better than BLNDX recently but BLNDX has done well too. I like the alts comparison table that BLNDX has on their site. CIO Eric app…
Opened new position in PFIX, sold a bit of JHEQX, TRAIX and added to positions in NICHX, BLNDX, MAFIX. SVOL and USMV are on my watchlist.
Continuing to play the wheel option income game on UVXY but it is a super risky play.
Use of AI to price has been in place for a few years now but might be gaining wider momentum. Amazon is a pretty sophisticated player in this space and reportedly has done several trials around dynamic pricing based on buying patterns, device(iOS vs…
The unfortunate equation here is that Europe with a population of 500M is unwilling to die for Ukraine with a population of less than 50M. An attack on a NATO country would dramatically change the game and would be defacto WW3
Would love to get your commentary on ANNPX, tks
Thanks. I think the guys produced some really first-rate work again this month.
Too, do less me know if there are particular funds that have aroused your curiosity. I try to poke around on your behal…
