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.
When considering the opportunity costs don't forget that 85% of SS benefits are taxed at very low income levels. Seems essential when considering investment possibilities at today's rates of return. That being said, Gary's cautionary tale re: not ma…
As usual Junkster offers up some cogent thoughts regarding the fund, it's recent returns and L/S funds in general. I continue to hold it, partly because it's the MFLDX class with no reentry possible if I leave. Aronstein has seemed humbled by the fu…
As David noted several months ago Marcus was one of Mike Price's boys (Max Heine's grandkid?) and their "deep value" strategy seems to be less successful when markets only go up. We'll see how successful their style is when the market reverses (soon…
Ted, "Left-wing hippie government?" What rock have you been living under? Ed Lee the current mayor is all establishment politics. He's firmly in the tradition of Willie B. and like the former mayor and current octogenarian Senator, fully on board wi…
According to PIMCO the fund is 27% leveraged as of 3/31/13. Here's the info, see page 3 for holdings breakdown and leverage. Fund assets up from 28B to 33B in first 3 months of '13.
http://investments.pimco.com/ShareholderCommunications/External Do…
Heard Arnott speak two weeks ago. He stresses that his moves occur over longer time frames (several quarters at least) and sometimes is asked to slow his buying and selling by the underlying funds' managers. Many of those funds have large asset base…
