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.
@hank: Wow. Did the markets turn on a dime today. We’ll see if it lasts.
Um....the markets are in a bipolar state, tending toward nonsense. Stunning shift in attitude today.
Agree. And I think it’s overly-simplistic and non-productive as an invest…
I hope this article is relevant to the discussion. I’m only familiar with the kind of cockroaches that invaded a once inviting Marathon Fla. hotel a decade ago. Haven’t returned since.
Sorry. The article surfaced in Chinese. Trying to locate bette…
The ability of engineers to conceive of and build things like this always amazes me. And the scale needed to make it profitable. My mind can’t comprehend. Windmill generation is big in Texas - a boon to the economy - while MAGA trashes renewables.
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Winning, as it relates to investing, means having the financial means to achieve your goals.
Beating some arbitrary benchmark is irrelevant.
To some extent the goals can be modified as return dictates: Less expensive motor vehicles, shorter vacati…
”our guy says we are doing great "
That raises an interesting question. Assuming this is for someone in retirement, what would ”doing great” mean YTD?
Someone sitting 100% in cash would think 5% YTD is “great.”
Playing in longer dated CDs ……
I’ll bet that dude is making a big donation to the ballroom. Damn, I wish FD1000 would tell us exactly what we common folks need to do to make a donation and thereby join the ranks of these “select” individuals.
No. $39.64 is what I bought the stock at. But it’s worth 2-cents less now. It’s one of the last beers I’d buy or drink. Haven’t bought any in years, but if folks want to pay $39.64 for a case that’s just dandy with me. Go to it. While I added this…
Yes. I know people who gamble in the traditional way. I do not. Except in the stock market, where it is practically assured that I win in the long term. And I have the statements to prove it! lol
I assure you your odds are better than they would be …
You may love or hate Gundlach. I really enjoyed the interview in spite of the goofy show-off Bloomberg pair. But G firmly believes the dollar will suffer long term as the Admin “preps” for the election with more stimulus and also as the Fed moves …
@hank. Don’t you think we put the time into this stuff for more than just the possibility of extra profit? I hate to say it’s for fun or pleasure,,,, but we enjoy it in some perverse way.
It’s either a game or an addiction. Perhaps both.
A very good near life-long friend (since college days) got me interested in investing 40+ years ago. He was far ahead of me then. So I’m ever grateful. We much more enjoy talking about fishing, travel, sports when together. We don’t dwell on inve…
Gundlach has been bearish for a long time. But even a broken clock is right twice daily.
He claims to have a batting average of 700 (70% correct calls). Not as good as FD, but pretty good if true.
Breaking News - Summary from Bing’s AI:
” Lawrence Summers has stepped back from all public commitments, including teaching at Harvard University, following the release of emails between him and sex offender Jeffrey Epstein. On November 17, 2025, S…
AUM would be expected to fall across the industry in a bear market as investor assets fall in value. So, to some extent, performance of these firms may reflect investor sentiment about future direction of the markets and prospects for recession or a…
This is really just nothing until the "all at once" phase begins.
Good one. Another line from 1929 - originally a Hemingway character I believe.
When’s the last time anybody referenced the old investment idiom about “blood in the streets”?
Ya, well. TROW has it coming. Service to clients fell into the toilet long ago.
I’d question how much fund houses / brokerages trade on service. Indirectly, yes. But my reading suggests it’s mostly about AUM and the direction of fund flows - in or o…
I recently rewatched the original Godfather + two sequels. Superb viewing. And a much more competent and principled bunch than what we have running things today. Brando of course excels.
Brokerage / bank / financials getting smacked today. TROW o…
My 1-cent worth. I’ve never seen a more bifurcated equity market. There’s the hot stuff the crowd, momentum funds and algorithms keep chasing. On the other hand there’s deep value, including many small & mid cap that nobody wants at any price. …
@FD100 - Have you ever mentioned “trend following” by name in any of your previous posts or recommended the best current trends to chase follow for the benefit of members who read you?
There are successful trend following funds. I have 5-6% so i…
In his prefatory remarks Sorkin quotes Albert Einstein.
”The ordinary human being does not live long enough to draw any substantial benefit from his own experience."
Had I to pick one important line from the book that would be it.
I generally don’t mess with leaves. If it’s a nice day and I want some exercise I’ll rake the worst areas. You can get away with that in rural areas. Your lawn mower will do some mulching as well. And the snow covers them from late November to Apr…
@Hank. Six months ago your question would have been absurd. Not today. My wife and were driving between Chicago and St Louis in a bare bones Saturn, with California plates. We are stopped for no reason by DEA Guys who had their weapons visible. …
Re the Charlotte NC activity. It makes me wonder what to do if I’m driving & waiting at a red light and a big guy dressed on military fatigue, face covered by a mask, gun in tow, walks up and pounds on the window demanding I step out. There ar…
If I could find a 1X inverse gold / miners or p/m fund I’d own a small hold. Unfortunately, they are all 2X and 3X. I have followed the metal since 1977 - being in and out several times. Simply do not understand the extreme run-up the past couple…
