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.
“It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.”
― Mark Twain
Here’s what I know for sure….I would never pay a fee to have someone else manage my money. So all actively managed funds would …
It has underperformed both VWELX and VBINX
???
PRWCX 5 year performance (through 9/26/25): 11.65% (annualized)
VWELX 5 year performance (through 9/26/25): 10.52%
VBINX 5 year performance (through 9/26/25): 9.25%
Portfolio Visualizer gives similar…
Look at the last five years performance for PRWCX. It has underperformed both VWELX and VBINX. High fees and TROW’s inability to attract and retain talent in their research analysts division has led to underperforming funds. This trend will conti…
Why would anyone invest with TROW nowadays? This company is not what it used to be in prior decades. Their lineup of funds have lagged. And, PRWCX will not be what it has been in the past. It is hard for the firm to attract top talent. Just buy…
That is why I migrated to index funds over time to minimize capital gains. Still have dividends to pay, but that is okay.
New manager(s) likes to change more than few stock holdings and capital gains are passed on. We left Mutual Discovery when Mi…
The announcement was not really a surprise. Greg has been running Berkshire for a while. He’s actually better suited for the job than Warren, because he’s an outstanding operator. Warren and Charlie avoided anything and everything that had to wit…
I've been opportunistically nibbling, but buying in smaller chunks than I normally would, even to start a position. Which is frustrating at times when it goes up right away, but also helpful when it drops right away. :)
Nibbling on what?
Bessent talking less is better. More he talks, the worse it gets. So, he should start talking, but then quit while he is ahead.
I agree. Bessent is the only bright bulb in the cabinet, but he still carries the water for the Apprentice.
I’m pulling for China in the trade war created by the morons at 1600 Pennsylvania Avenue. China may be the ones with the cards, rather than the Apprentice.
