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.
Orange spoiled child. Is he dead YET?
This has no place in a civil discussion. It's clearly an attempt to incite others (speaking of all who read the internet and come across this site - not just the few who post here) to violence. I've objected b…
Asked specifically about Justices Neil Gorsuch and Amy Coney Barrett, who were part of the majority, Trump said, "I think it’s an embarrassment to their families, if you want to know the truth, the two of them." https://www.usnews.com/news/politics…
Latest update from NYT.
"One of the tools under discussion is Section 301, a portion of law that allows the U.S. government
to investigate unfair trade practices and impose tariffs accordingly.
Mr. Trump used Section 301 to hit China with tariffs d…
For what it's worth, M* has lowered their opinion of PRCFX from Bronze to Neutral.
Doesn't that just grab ya? I've bought some of their gold rated funds and remained very satisfied few months or a year later when they dropped the rating to neutra…
Thanks for the added link @yogibearbull. Other links to news & analysis welcome.
Impact on markets? Little today. How will increased heated political rhetoric and finger-pointing from politicians and financial interests potentially affected …
The number of times my name is mentioned in the Epstein files is an accurate measure of just how important, rich and/or powerful I am in the Epstein class.
I'm Nobody! Who are you?
Are you - Nobody - too?
Then there's a pair of us!
Dont tell! they'…
@hank- you're not supposed to be over here in the jungle! :)
Yeah. Must have gotten discombobulated after that 5 th or 6th drink and fallen in. Is there a ladder around here somewhere? :)
Glad @rono chimed in. Michigan has the shittiest drivers on average I've seen anywhere in the country. (Other states driven in the past 10 years: Arizona, West Virginia, Ohio, Pennsylvania, Wisconsin, Texas, Florida, North & South Carolina + O…
Hope folks set the booze aside if they're gambling "predicting" in their 401Ks.
BTW - as a long time occasional user of Draft Kings for making small $1 wagers on baseball or basketball games, I've pretty much lost interest. (1) There's every incen…
This brings back memories ...
I bought a couple 1 oz gold coins from IGBE in the early 80s. A few month later I began getting letters offering me 20-25% interest on the value of the coins if I would mail them back to the company "for safe storage…
I've told this before. In May 2022 I was on a small hotel shuttle riding to the Charlotte airport for a flight home. A kinda goofy loud guy (in his early 30s) was making small talk with everybody and it got around to the market. I asked him for "a …
For stocks specifically, I’ve found Argus research to be very thorough. This is available via Schwab’s site, and includes model portfolios for growth, growth and income, etc.
Wonder if Fidelity has Argus or something similar? I logged in today and …
"But would you buy a 10 year bond yielding 5% or 7% when inflation is running 10%?" Investors concerned about inflation might consider individual TIPS or a TIPS ladder.
I've edited my prior comment to better reflect what I was trying to say. Over a…
Different strokes. I'm afraid to ride momentum even though that has been a winning call for a very long time. My stock basket has expanded to 22 holdings (nuts!) and represents about 6.5% of total investments. A lot of "outcasts" in there that have…
Going off-topic. But I think the technology-based military capabilities of this country are beyond our wildest imagination. Cloaked in secrecy for the most part. Whatever Hegseth is messing around with near El Paso (worrisome) is probably kids' stuf…
"Roughly 31% to 85% of affairs start at work"
I just love "statistics" like that...
"31%" is "rough"? What would "fine" be- maybe "31.0276%" ?
"31% to 85%" is certainly quite a spread- it's "rough" alright... quite a range in numbers in between 3…
Too late, CLOs were hot in 2023,2024 when I used CLOZ and HOSIX.
If you used HOSIX in '23 you were gambling with a very new fund. M* doesn't show any performance numbers for '22 or earlier. I like to see how fixed income funds weathered the storm i…
"Pam, you have something on your nose.....its brown.......Pam."
She used fake anger to hide behind deflective arguments. It was a clown show. Fit her for an orange jumpsuit, 3 hots and a cot. And not the country club prison - no, she deserves wor…
Wow! That cartoon is deeply moving @msf. Succinct too. Thanks
(We're still above water here.)
There's an old expression (Franklin I think) that if slightly altered reads, "He that is of the opinion that the market can do anything may well be susp…
I just asked Google's AI how many computer engineers have extra-marital affairs in a years's time?
"Based on data suggesting a high prevalence of infidelity in the information technology field and general statistics on workplace affairs, a signific…
"Anthropic's new Claude model blackmailed an engineer having an affair in test runs"
The headline could be taken 2 ways:
1. Does the prepositional phrase "in test runs" refer back to Claude (who was being "tested")?
2. Or does it refer to the …
I've owned both LCORX and LCR in the past and agree with @ducrow 's sentiment. They take a very unique and well thought out approach. And at the time I owned them, I learned a lot from Ramsay's commentaries and how the fund worked.
Others had more t…
True to Chauncey Gardiner's promise that seeds will sprout in the spring, I dumped some $$ into my 5 biggest losers in the stock basket. Essentially brought them up to neutral weight. AJG is by far the worst of the lot. Owned it years ago with much…
Might this laser / drone story just be a cover for some more sinister weapons system which they don't want to talk about? Imagine being in an aircraft overhead when a discombobulator is being tested right below.
I'd like to install one of those latest AI Apps. If so smart, how do we prevent it from stealing and selling our data? Or is it dumb in that regard? Can you buy a "dumb" AI that wouldn't think to steal anything?
If my broker was like 1968 Teri Garr, I'd go to the office in person for visits!
+1
I don't remember her. '68? Working my butt off last year in college. Rarely watched TV / films. But the voice & delivery remind me of Marilyn Monroe. O…
"Can one bet on the min/hr/day outcomes on Draftkings or similar?"
Yes @Mark. I looked this up for @Derf this morning (re different thread) with a Google AI query. DraftKings now facilitates betting on investing in financial assets:
"DraftKings…
@Derf - Have you considered placing a wager on rare earth at DraftKings? (From Google's AI):
"DraftKings has introduced 'DraftKings Predictions,' a specialized platform allowing users to trade contracts on financial, entertainment, and sports even…
I'm usually at least 25 years behind the times. Insurance provider hasn't changed in 30+ years. Stood 100% behind me when a truck driver who didn't speak English ran a red light and totaled a rental car I was driving in Florida years ago. Have use…
Thanks @Mark and @TheShadow for linking 2 comprehensive articles. Call me old fashioned, but I prefer OEFs for many reasons. There are significant structural differences Too numerous to try to summarize. However, I do understand that for some invest…
Could anyone explain to me why a company would do this? ISTM they'll likely earn a lower management fee from the etf. And may forfeit some of the (presumed) stability that comes from long term buy-and-hold mutual fund investors (Frequent trading pe…
