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.
My first-ever flight was on United, 50 years ago this June. Between then and now I've flown hundreds of United flights. In recent years, though, I've noticed the crudeness creeping in.
Now the crudeness has become blunt brutality. United will never…
I hope you spend a moment or two trying to envision the number of folks and families whose lives are better and richer because you launched FundAlarm.
Thank you.
Archaic
So..........First Eagle is a branch of Volkswagen? They sold their integrity and good name for 25 mil? I've had a bunch of money with these guys for 10 years -- and they stole from me? Time to move on.
I value Ted's link-only posts: he knows far more than I do and he selected each link for a reason. I find them very useful and worth spending time on. If we had 100 Teds, there might be a problem - but we don't!
Archaic
Crash, this all has a familiar ring to it. About 20 years we wanted to change brokers, so I want to a guy at Smith Barney. I explained our goals in some detail - we had mutual funds in taxable and non-taxable accounts and wanted to continue along th…
I no longer fill out ANY surveys because at the end they will always ask for more personal information than I am willing to give. The world will have to stagger along without my data (which they already have anyhow).
I’ve never invested in, or even looked too closely at, his funds. I read most of his May 6 commentary, but not all 4,389 words. What I read was enough for me to sense that he overthinks things. In 10 years, per M*, HSGFX has turned $10,000 into $11,…
Hi, Maurice - We have owned the FPA Capital Fund (FPPTX) for almost 9 years. It has been a wild ride at times, but in the long run it has done well. It's about 16% of our portfolio, and is surrounded by less exciting stuff.
Archaic
The article does not quite back up theory with facts. I looked up the three funds mentioned:
AQMIX: Expense ratio 1.25% per year; 2-year record is -3.56%.
JMNAX: Front-end load 5.25%, expense ratio 1.48%. 5-year record is 0.72%.
FQHIX: Expens…
We used to have as many as 18 funds; currently have 10 and sort of limit ourselves to 10. Basic reason: almost 20 years of experience suggests that careful selection (i.e., identifying fund managers who are people worth trusting) is more important t…
Please note that, as David reported in Manager Changes in August, the four previous managers of this fund left in a group on August 1 to go to positions with Eagle Asset Management. The replacement crew consists of the CEO of Sentinel Investments an…
This is an odd one: my brother and I and our respective wives were having lunch at the restaurant (The River's Edge) in Lambertville NJ operated by Anne Elstner, who had played Stella Dallas in the long-running radio soap opera of the same name. Whe…
When commercial tv became digital a few years ago, we somehow never got around to installing the converter. We do have six (I think) cable channels, which get turned on maybe twice a year. Life is more peaceful, and it doesn't feel like we're missi…
You might want to look at this commentary by Dan Fuss, who manages LSBRX:
http://www.investmentnews.com/article/20120411/FREE/120419981#
Good luck,
Archaic
Reply to @MikeM: Thank you, Mike. It's very helpful to hear what you have to say about the Yacktman funds, and about MERDX. Actually, MERDX would have been my first choice, and after reading your words I dug deeper and abandoned it.
Archaic
Long experience has shown that the federal government has no ability at all to measure and report the REAL rate of inflation - how in the world will they pay 3 percent more than a number that they consistently and wildly underestimate?
It turns out that it’s pretty hard to improve on Roy’s invention. At FundAlarm I could scroll down and see immediately 1) who was posting; 2) what their subject was; 3) who was replying to them; and 4) what sub-threads might be popping up.
I could …
Have to agree with Kaspa - that wonderful elegant open structure is gone. Now when I go to the discussion page, the page always looks almost the same. I can't see at a glance that a spirited discussion is going on between A and B. So I seem to be…
For the first few days I was not sure, but once I got a little bit accustomed to the new format it's fine! Posting a comment is certainly easier and more elegant.
Hi, Ted - Thanks for bringing the American Funds Global Balanced Fund to my attention - haven't heard of it before. I dug into the American Funds website to try to see what is in the fund's portfolio, but it's so new there's no information there ye…
