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 @Maurice: Nokia smart phones running Windows Phone OS was popular because they were cheaper than competition. In Europe, there are generally no subsidies for phones. People buy no-contract phones paying full retail price and buy a pre-paid …
Reply to @davidrmoran:
only, duh, provided that the few stocks are smart choices and do really well. If they flame out, then having bought the haystack looks awfully smarter.
Very true, unless you have an "edge" over others, it is smarter to divers…
Reply to @Art: Too bad. WAEMX is a better fund than EAEMX. This year both has lost however, EAEMX lost less and has performed a bit better on some years by losing a few percent less but upside on WAEMX was far better and made up that loss much more …
Reply to @Old_Joe: I hope you are right. People tend to find obscure funds based on past performance. I hope you are right but I think time will show I am unfortunately right.
Having said that I do have a small position in WAFMX (~2.4% of total por…
This is definitely not a portfolio that I would choose for myself and I do have 20+ years to retirement.
In particular, I think you are light on the equity side. You are trying to cover that using balanced/asset allocators. But, most of your stock…
Reply to @Old_Joe: I do not believe that most Frontier market investors are any more wiser or more patient than EM investors. When the crisis hit there will be panic selling and Frontier being more illiquid it will be hit. If you can keep your head …
Reply to @Old_Joe: if there is market panic and investors start heading for exits in a hurry you might need to liquidate large portions of the portfolio to meet redemptions. Under normal market conditions this might not be an issue.
Reply to @Art: I thought in the original thread EAEMX was a typo for WAEMX. At least it seemed to me that way. W and E are side by side on the qwerty keyboard.
I actually would prefer Microsoft Lumia over Nokia. Nokia name would have carried weight 5-8 years ago. Not any more. I personally think this is a good move for Microsoft if they wanted to stay in smart phone business. They need to control their har…
Wow, it takes guts to call Bogle inexperienced. I thought this was a quote from 60s but not so.
The article references Keynes. Keynes made and lost fortunes a number of times. Along the way Keynes changed his investing style a number of times. So. …
Problem is not that welfare is bigger than minimum wage. The problem is that minimum wage itself is awfully inadequate. People on minimum wage might be collecting also Welfare to survive.
Reply to @Old_Joe: Different fund. All explicitly stated expense ratios in the Opening Post is for RWGFX and that is a retail class fund. Ted must be commenting on RWGFX because ER for RPHYX is not stated at all.
I totally agree with Ted. Paul himself has made a whole bunch of predictions that did not pan out. I do not read his articles except when I stumble upon when someone links here.
In most of his articles these days, he makes outrageous claims and pre…
Reply to @Ted: Expanse ratio of RWGFX which is a "Retail" class fund, is 1.25%. not Institutional class. Institutional class ER is 1.00% according to M*
Reply to @DlphcOracl: This is not a mega-merger. In fact, Verizon is buying back the shares of Verizon Wireless that Vodaphone holds. So, Vodaphone is getting cash and has no say on Verizon in the future. Vodaphone and Verizon is continuing as indep…
Reply to @catch22: You are right. Things change but some things about investing remain the same. I think Mr. Merriman is trying to do some good. He is retired at this moment so he is not part of Merriman.com business anymore.
Reply to @ducrow: it might not be apparences but simple reversion to mean or end of lucky stretch for a lot of managers. The fact that they were 5* when they first appeared on TV is probably because CNBC will invite hot fund managers of the day unle…
Reply to @hank: Hank we are taking about Emerging Markets fund. I think you are thinking of Global Reach fund. They were both filed at the same time. Global Reach is available but Emerging Markets is not.
Reply to @fundalarm: Call me skeptic. You can do a lot on paper to appear to be a portfolio manager. I suspect similar operation is going on on a lot of shops. Royce funds comes to my mind.
Reply to @ducrow: I believe it is a common practice among mutual fund companies to include a marquee name to attract assets even if he might not be involved with day to day activities.
Reply to @hank: hank. I don't think I have much disagreement with your second message but the original post indicates some ulterior conspiracy laden motive on behalf of Fed by orchestrating higher rates. I still don't think Fed is out there for high…
Reply to @hank: Fed has no vested interest in Rising intereset rates. Besides if rates rise the value of her bonds they own also fall. So, what is your supporting idea?
At some point they will stop buying. So, they communicate it. People panic but …
There are broad market indices that can be used to construct portfolios if you are into passive index investing. Folks at Bogleheads use these. You don't hear much about these here as most people here are playing the active management game and they …
Reply to @Ted: Having seen another article recently about re-opening of FAIRX, I thought this was a repost. I quickly realized my mistake and changed the post in a minute. I hoped nobody saw earlier post.
* Fairholme Reopens to New Investors
* AllianceBernstein Acquires Boutique Investment Management Firm
* FPA Paramount Becomes Part of Firm's New Global Value Strategy
* Fidelity Launching Short-Duration, High-Yield Fund
* PIMCO Looks to Launch Manag…
You may not directly link to many of the WSJ articles but going through google search sometimes works. Try this and select the "Wall Street Journal" link that comes on that page.
https://www.google.com/search?q=Mom-And-Pop+Investors+Bolt+Emerging+M…
