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.
Hi Guys,
I hesitate to comment on any part of the cowardly act executed (that’s what it was) in San Bernardino, especially on a website committed to helping individual investors. But the subject has been raised and has attracted some diverse and s…
Hi Guys,
As investors we all get to choose our own poison. Although I was once an advocate of technical indicators to signal market positions, I no longer promote that discipline. However, in no way do I recommend that others abandon that methodo…
Hi Mark, Hi Guys,
Mark, thank you for attempting to refocus the submittals to the original purpose of my post: To honor the memory of our 35th President.
I honor and respect him, although I didn’t always agree with his policies or decisions. Hist…
Hi Slick,
I too remember exactly where I was and did on that tragic day. I'm a tad older than you and was at work that morning.
At that time I was working for a strategic defense contractor. Our immediate reaction was shock. But rather than symp…
Hi Heezsafe,
Thanks very much for your submittal, but especially thank you for reminding me of the Conjunction fallacy. I am familiar with the work of Kahneman and Tversky so I am aware of the Conjunction fallacy, but I failed to recall that its c…
Hi Guys,
This Jason Zweig article is very reminiscent of a very famous John Maynard Keynes story.
Zweig asked “Can you pick the guys who pick the guys who pick the best stocks”. Zweig concluded that “Picking market-beating stocks is hard. Picking…
Hi Guys,
Many of us are addicted to ranking lists. I count myself in that cohort.
For a long time I have eagerly anticipated the Forbes annual ranking of their Best Countries for Business list. Here is a Link to their research that was published…
Hi LewisBraham,
Your opening assertion aside, regrettably your upset continues. You say: “You insulted my home while boasting of your own. Leave it at that.”
But you failed to “leave it at that”. Your railings continued by ignoring my explanat…
Hi LewisBraham once again,
We should proceed with caution. Some folks will start talking.
I am somewhat flabbergasted that my 1950s visit to Pittsburg story violated your sensibilities. The story was meant to be funny and has been included in v…
Hi LewisBraham,
Thank you for reading my post.
Regardless of excellent weather conditions, I don’t play tennis daily. At my age, physical recovery time is a limiting factor.
Local forecasters have no difficulty predicting tomorrow’s weather in t…
Hi Ted,
Welcome back. You make this discussion board sing.
We're on the same wavelength here. I posted the same reference yesterday and I added a recommendation to read a new book, "Stronger", which emphasizes the need for resilience.
Great min…
Hi hawleyl,
Indeed, Costco and Trader Joes are good companies. And there are plenty of other large and small companies that can be so rated.
Our society loves ratings and rankings. We do so for all sorts of things. The ratings are likely refle…
Hi Hank,
Thank you for your atta-boy post. I suspect you enjoyed your Michigan bicycle tour more than I enjoyed my tennis match. I absorbed a royal drubbing. But it’s not all about winning; it was still fun.
A few years ago, a worker in Alaska …
Hi LewisBraham,
Thank you for replying to my submittal. I invited as much and I appreciate your fine effort. I truly welcome a diversity of interpretations and opinions.
Certainly, you and everyone else are free to express an opinion on the Onio…
Hi Guys,
I see no humor and no merit in this comparative table that contrasts Socialism against Capitalism.
It is not subtle, not funny, not satirical, not meaningful today or any other day, especially not on yesterday’s sad event. It is very rep…
Hi Guys,
MFOer Bee ended his/her submittal with the following aside: “It would be interesting to look more closely where these fund manager invest their profits since most fund managers commonly don't invest in the own mutual funds.”
This closure …
Hi Guys,
When and where to locate in retirement is a complicated and worrisome decision. Many factors influence that decision, and most of them are loaded with uncertainty.
I applaud Dex’s daring for providing his current retirement budget and hi…
Hi Bee,
From my posts you likely recognize that I love simple plans.
Consequently, my concept for a mutual fund ladder is far less nuanced than yours. In fact, I perceive my ladder as having only two rungs.
My ladder has a short term rung that h…
Hi Lewis Braham,
Thank you for your considerate, courteous, and civil response. I did not seek or expect it; it is very kind on your part.
In general, I appreciate your participation in MFO discussions, and in particular I especially appreciate y…
Hi Lewis Braham,
I sense a negative change to the friendliness status of this exchange.
I really do appreciate and take advantage of Internet resources. Thank goodness for DARPA’s support of the Eisenhower established ARPA network. A network tha…
Hi Lewis Braham,
A Chinese Wall is conceptually beautiful because of its simplicity. Practically, the experimental data demonstrate that it is nearly impossible to maintain such an imaginary, unproven concept. At first there are infrequent drips …
Hi Lewis Braham,
Sorry for my delay in replying to your most recent fair and informative commentary. Weekends are busy times for me with multiple tennis, shopping, and church service commitments. These matters occupy a major fraction of my time, …
Hi Lewis Braham
Thank you for reading and responding to my post.
Like any good science, economics is a perpetual motion machine; economists are in a persistent learning mode. For the most part that’s a good thing although these professionals some…
Hi Guys,
This outcome is yet another piece of evidence that "forecasters can't forecast". Wait til next year again for Cub fans.
But there is a positive aspect to the prediction. The series did end in a clean sweep. So a generous interpretation…
Hi Ted,
Indeed, welcome back. Although you were only absent a few days, we greatly missed you. I hope your medical problems are being satisfactorily resolved.
The Halloween effect has been embedded in the stock markets almost forever. It is eve…
Hi Guys,
Good grief, Charlie Brown! As I thought about what I plan to say in this posting, the frightening image of Harry Dent invaded my mind. I’m about to stress the significance of dynamic demographic changes that will strongly influence the m…
Hi Guys,
Well, this interchange has been stimulating, and has taken some unexpected but welcomed turns. Good for all of us.
Thank you for reading my contributions. But for me, it is time for closure, to move-on.
I’ll close my participation by r…
Hi Edmond,
Thank you for your inputs, especially those that addressed the Technical Analyses issues.
Your comments about integrating both Fundamental and Technical Analyses (TA) in making an investment decision prompted me to more carefully scruti…
Hi Guys,
Although an old Chinese proverb states that a picture is worth a thousand words, it will not surprise any MFOer that I am not currently a technical analyses or chartist fan.
Many decades ago (1960s) I used the classic Edwards and Magee “T…
Hi Guys,
I certainly agree that a war of words benefits none of the participants. It is a total waste of time. Please take note of who the initiators frequently are.
I subscribe to the President Ronald Reagan quote to “trust, but verify”. I see…
Hi Davidrmoran,
Surely you are pulling my chain.
My monkey tossing darts comment is an imperfect restatement of a famous Burton Malkiel claim in his “A Random Walk Down Wall Street” book. He said: “A Blindfolded monkey throwing darts at a newspap…
Hi Guys,
Henry Blodget has been off my radar screen for years. As far as his market forecasts influence my investment decisions, I rank him in the same grouping as astrologers and palm readers. My grandmother from Russia played the nickel-and-dim…
Hi PRESSmUP,
Thanks for your funny story. Allow me to join the game.
A gunman jumps a well dressed middle aged white man. He sticks a gun in his ribs and demands “give me your money”.
The assaulted man replies ”You can’t do this-I’m a US congre…
Hi Guys,
Professor Snowball references an almost forgotten name from the past, Henry Blodget. He and Mary Meeker became famous for making rather outsized stock predictions during the dot.com boon years. Some were right, some went terribly wrong.
…
Hi Derf,
Don Larsen was the Yankee no hit pitcher in that World Seres game.
Not only did he pitch the no hitter, I recall that it was a perfect game no hitter. Now that's domination over a tough Dodger ball club.
Best Wishes.
Hi Catch22,
When the marketplace is delivering positive returns, we regret the conventional wisdom to hold cash reserves for a rainy day; that philosophy is sure a drag on our portfolio performance during these periods.
Today, that little bit of w…
Hi Guys,
Thanks LewisBraham for posting this brief obesity survey. It certainly is off-topic for MFO, but it certainly attracted my attention.
I’m most fascinated by longitudinal surveys that present data for the entire USA. There’s plenty of th…
Hi Heezsafe,
Wow!! What a great description of this base clearing, game ending inside-the-park home run. I could feel the excitement and tension as if I were actually there. Great job.
You also have a great memory, especially for detail. You r…
Hi Guys,
If you are a true blue baseball fan you are familiar with the excellent Ken Burn's 18 and 1/2 hour historical PBS baseball series. The videos are available on the Internet.
Even the music is worthwhile,
Here is a Link to the "First Inn…
