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While I agree FLVCX is a great fund (I own both it and SEQUX I don't think a comparison is so sensible. Sequoia is a set it and forget it fund but if you own FLVCX you better pay lots of attention and avoid bear markets.Look at 2008 -54% and 2011 -1…
SEQUX has been great in recent years (from late 2009) until this year. As far as I know the problem is Valeant which is the largest position I think(till a few years ago the largest position was Berkshire)Since Feb. Valeant ,which has been in the n…
A decent quick distinction between tactics and strategy is to imagine you are in a building about to be bombed.Strategy tells you to decide to get out of and far away from the building.Tactics addresses whether to exit through the door or the windo…
I don't know that much about the other funds but looking at the last 15 years it is only very recently that Sequoia was a large cap growth fund . For most of the period it was considered large cap value and somewhat recently large cap core
I consider myself a decent investor but note that most years I underperform the appropriate target date fund though as compensation my risk is somewhat lower as I use a stable income fund paying 2% rather than a bond fund and I suppose I have more …
>> step 1 Do nothing until the $+P 500 drops 30% from its most recent high
How many buying opps does this represent? I am having trouble reading the history.
>> step 1 Do nothing until the $+P 500 drops 30% from its most recent high
H…
@Archaic: Gee Archaic, at 77 I doubt there will be any more Ted's. Thanks for the kind words.
Regards,
Ted
I thought Strom Thurmond had a kid at 90 so you never know.
In any case stay healthy Ted.
I am aware of the recent back and forth long thread and don;t have a horse in that race but I hope the reference to threads with just a link is not a swipe at Ted who I think does an excellent job at finding interesting things to read. Without his c…
A random selection of S+P 500 stocks will probably result in a collection of stocks with on average lower capitalization. Isn't that an explanation for the outperformance. The equal weight ETF outperformed by about 2% over the last ten years.
It was possible to make good money on this trade as polls have indicated for a while that the result that occurred was very likely. Still, I don't usually play that game so I did not take advantage. Did anyone on this site try for a very short term …
I didn't do a perfect job on timing FLVCX selling in October 08 and buying back in early may 09. The relevance to this thread is that first the fund has already been mentioned but more important was that it was clear the FLVCX was a bull market fu…
I have not seen much on this site about getting out of Pimco. I do respect Gross as a manger but we have all read stuff about how difficult it is for a manager to make desired investments if the public is pulling out lot of money.
Maybe these links will help.Unfortunately I have not used morningstar x ray but i would guess 1.o4 may mean a growth rate 4% higher than the S+P
http://socialize.morningstar.com/NewSocialize/forums/t/263542.aspx
http://socialize.morningstar.com/…
I think for most workers (not necessarily the people who visit this site)target funds are just fine.Problems occur if the target funds have a high er but in that case there is unlikely to bea good choice other than perhaps an S&P 500 fund.
Its a fine link but one should investigate minimum balance fees.It would not be good to havea $10-$25 fee taken out of a small account As they say one ought to read the prospectus
strangely the morningstar link(list of fido funds worked today. Maybe my problem was the site was down briefly but its always possible I screwed up.Anyway thanks Ted and Bee
using the morningstar link i got the following screen
403 - Forbidden: Access is denied.
You do not have permission to view this directory or page using the credentials that you supplied.
I use it to get some reports on some large cap mstocks. I am not really concerned about someone using Seeking Alpha to affect the price of csco, xom, or jpm though I suppose its possible I should be concerned
I n will join the crowd. 1% looks fair but clearly isn't if the client is put into load funds. To be a little fair to the advisor we don't know when these funds were acquired . Is it possible that your father got into them as a result of suggestio…
What may help is that in taxable accounts with large companies index funds are almoat surely best because they have low turnover that does not generate capital gains distributions. I agree with the criteria discussed by Mr.DArcy(a nice post) but ar…
With a 90-10 portfolio such that you wish to take out lets say 30k each year and if your strategy is to take from only the bond fund in case of a bear market and early recovery for lets say 5 years (a reasonable worst case scenario) it would seem y…
I am well ahead but I don't think by 170% and I don't think most of us are even if we are knowledgable.. My reason for failing is that I decided my asset allocation was too aggressive and while I became sort of fully invested in May 2009 I becam…
A humorous article could be written about people who buy stocks because of their symbol. I own TV which has been an excellent investment, have owned MOO and TAN and considered owning POOL.
I agree with Bob C. An index fund + two focused funds seem about right. Too many funds and you end up with an index fund but paying active management fees.As to which funds I would go with Sequoia and Yachtman but thats more becauase of lack of know…
Perhaps I am not familiar enough with the data but it seemeds to me that almost any portfolio with a reasonable holding in bonds would outperform an all stock portfiolio over the 98-2013 period.'
I confess that to me a go- anywhere fund mostly means…
Thanks Chip. If its easy maybe change that button to "start new discussion" Of course others may not be as foolish as me as I thought new discussion referred to discussions since I was last on site.
A more interesting though short article mostly on the history of crashes (defined as a drop greater than 35% ) was better than I expected but of course what you need to know about crashes is how to avoid them and that is not touched on. The author …
Yup its ARLSX sorry.. But I did like the video although I wasn't rude like the boy .I did think based on the number of hits that the punishment did not fit the crime
I can sort of understand the gold investments but all the other purchases like natural gas coffee, vix and carbon seem like the sort of purchases only trading pros should get involved with. As I understand it you can not sucessfully make long term …
Barrons forecast Denver based on a view that Seattle is overpriced since it has shown a high return on investment for its bettors this year.
I myself am watching Sherlock Holmes on PBS and the ads on Hulu tomorrow. I may watch the halftime show.
One problem with the Rekenthaller article was that it was easy to outperform the international index over a long period of time without clever stock picking. All you had to do was underweight Japan and I believe many funds do so.
TP I think the replies are in chronological order
Yes, there is a potential problem with many funds in the same sector and indeed a problem with having a lot of funds. That's why this thread has had some comments against fund collectors.Basically t…
