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.
Reply to @ducrow:
You are right to feel cheated as they did not disclose that fact. I think this is actually common in the industry: stars listed as manager in funds even though they have minimal involvement. I think Royce funds is probably a prim…
The logic is twisted:
1) He thinks he knows which stocks will do better in ex-ante.
2) He thinks he can pick consistently good stocks and not make any mistakes which would erase the advantage in good picks.
3) He is ignoring the fact that index hol…
One thing that is working in favor of Soverign liquidity (at least for US Treasury bonds) is that Fed can provided the liquidity and prevent a lockup on Treasury bonds. This does not apply for Euro zone countries the sovereign central bank of each c…
Honesty of admitting a mistake is refreshing. I understand why he got into SQM and some of the things were not under control like longtime Potash cartel breaking up. That revealed other problems with the holding and especially the control party. I t…
Reply to @RJalpha:
That is really BS! You already have rationing of medical services and it is done by private sector to protect their bulging profits. If this current system was working well, why is US the most expensive country to get medical se…
It was featured a long time ago. A Bunch of people invested before it is closed. This was not a fund profile. You have to read the MFO fund profile page which was done when fund was new and still open.
This time it was there to illustrate the issue…
I am with Junkster. A lot of stuff may be wrong. It is easy to lash out to government but ironically there are more things going right here than elsewhere.
Many think the other side of the fence is greener but there are many more things wrong ther…
While some people will have marginally less discretionary spending in the short term, these monies are going to insurance sector which in turn either invests the money in other sectors (thus potentially increasing the discretionary spending of other…
Reply to @Charles: Fed seems to be easy target of trashing. While Fed has done all it could and even got creative and innovative in some sense, Congress was a total failure. Political bickering and attempts to gain from failure (and dragging feet to…
Reply to @Charles: Hey Charles. I have been largely passive this past summer except that I switched from GLRBX to BUFBX. Both are balanced strategy but BUFBX has shorter duration bonds.
I've deployed cash that piled up from recent Roth and 401k contributions into into various existing funds in my portfolio (~3%).
Biggest beneficiaries of that were:
OBIOX
GPGOX
GPIOX
MAPIX
Top 5 of my portfolio (43.64%)
11.03% BUFBX
09.28% RPHYX…
I think you might have an intermittent connectivity issue regarding touch functions. More than Staples, manufacturer should be able to resolve that for you. Don't hesitate to contact manufacturer especially within warranty period unless Staples repl…
Reply to @hank:
I use a 15" MacBook Pro (Retina Display) at work. Well made. Aluminum body is sturdy but heavy. But it is a very powerful workhourse with 16GB ram, SSD. i7 processor. No upgrade is possible though since everything is soldered down.…
Very good interview. Thanks.
There is also a link in there for an Interview with Prof. Robert Shiller that was done last week which is also a good read.
http://www.nytimes.com/2013/10/20/business/robert-shiller-a-skeptic-and-a-nobel-winner.html
Reply to @CathyG:
"I switched from 80% bonds/20% stocks to now 70% stocks or stock funds and 30% bond funds."
I think that is a big over-reaction. I feel you are trying to catch up and that is a dangerous game.
I personally maintained 60-70% alloc…
Reply to @CathyG:
I agree with BobC. When I read that the guy was offering a Annuity product alarm bells started to ring in my head and it became lauder when I read the terms of the annuity product. If the guy has not offered those details outrigh…
Please read the following article. I think the wired article is good and I think this should complement it.
http://www.polygon.com/features/2013/9/4/4660780/bitcoin-satoshi-nakamoto
I personally would not touch Bitcoins as investments.
Good summaries. Thanks. I wish I had time to listen live.
I was at a campus interviewing student candidates that were seeking permanent or internship positions in Software Engineering positions at the company I work.
I'll listen to the recording …
Hi Charles,
Your Up/Down days in volume is really (Up-Down)/Down or Up/Down - 1. For YTD Avg Vol. column Up/Down would otherwise 0.85 or 85%.
I think it would be more meaningful if you actually calculated (Up-Down)/(Total). For YTD Avg, it would b…
Reply to @bnath001:
Please use the Edit function on the first post of yours and switch the classification (category) of the post from "Fund Discussions" to "Off Topic" and save again.
It is a carry over from paper edition. Since space is/was limited they are really only tracking large funds. All performance data you need to track your mutual funds is available trough Morningstar, Lipper and Yahoo etc. You do not need quarterly is…
RipOffReport.com alert on HK newsletter:
http://www.ripoffreport.com/r/Hilary-Kramer/internet/Hilary-Kramer-Investor-Place-Game-Changers-High-Octane-Trader-Trading-Expert-Service-Cla-1069661
Ted, you already posted this earlier.
http://www.mutualfundobserver.com/discuss/index.php?p=/discussion/8370/two-university-of-chicago-professors-share-nobel-prize-in-economics
Overdue for Prof. Fama
Though interesting group. Fama vs. Schiller kind of opposites on efficient markets.
Hansen is kind of in between, leading on Econometric techniques.
Reply to @VintageFreak:
Was it an IRA account? For IRA accounts, the fund minimum is $1000 at Fidelity.
https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/76882K801
Minimums
Initial Investment $2,500.00
IRA $1,000.00
Addition…
It is deal to extend debt ceil for only 6 more weeks. Than we will be back to square one. No deal on government shutdown...
Do they enjoy leading this country from one crisis to another? Congress at record low popularity!