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.
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…
Cheer up. David writes in the November observer that T. Rowe Price plans to open a crypto fund pending SEC approval. No word on whether or not they have consulted P.T. Barnum.
Greene might be vying for a cabinet position. Rubio on Trump 2016
"Donald Trump has been perhaps the most vulgar — no, I don't think perhaps — the most vulgar person to ever aspire to the presidency in terms of how he's carried out his candidacy,…
Great write-up everyone. I too long for the days when a President could read and understand 3 pages. Just invested 0.7% (portfolio weight) in TROW Friday. So hoping their new crypto fund (if approved by the SEC) bails the firm out of its funk. (TR…
Fascinating. Good to see FAA doing their job. Properly maintained I’d think a plane can safely fly almost forever. But maintenance becomes more complex and expensive as they age. I’m wondering if the rules (frequency of inspections, etc.) are stric…
Except for gasoline prices which have likely been held stable by the adaption of hybrid and electric vehicles, Trump has little to brag about on the price front. Traveling and arriving late at a Michigan hotel several days ago I called about having…
Off topic - But one wonders how the popularity of online gaming of every sort (dice rolls, roulette wheels, sports events) is affecting the finances of these lower income workers? I was briefly addicted on an off-shore site several years before it…
"Will the U.S. say that aliens exist this year?"
Robinhood Markets clients can currently guess "yes" through their brokerage app, paying $4, plus $2 in fees, to win $100 if they're right. Don’t call these bets. Robinhood prefers prediction …
Glad you liked it. I’ve not known FD to reveal his holdings until after he has cashed out.
The real laugh might be when checking past performance of some of these stocks. While Newell Brands (NWL) rose slightly today, it is down 65% YTD. Caesa…
Clinton did some unethical things in his personal life, but I can’t believe he was vile enough or stupid enough to mess around with teen-age prostitutes!
My new BARF portfolio was my best performer today. Bought in about 30 minutes after open. Picked up NWL @ $3.29 and it rocketed up nearly 4% from there to close at $3.42. Overall the 7 holdings gained 1.14% after I bought them. However, for the f…
Thanks for ringing his bell. I’ve had a question addressed to him in another thread for a week. Still waiting to hear whether he personally has contributed to the ballroom as well as how I might contribute a small sum. The list of donors, correct m…
Created a new “BARF” basket with 5% of assets today. Will dollar-average potentially up to 7% if values decline substantially from here. Holdings: NWL, CZR, FLO, AJG, BATRA, ESRT, TROW
Well, the guy thinks small. Were I to sue somebody I’d probably go for $10,000 or in an extreme case $100,000. $1B? Maybe he’s jealous of Musk’s $1T pay package?
Pretty sure the issue is over an audio presentation - possibly a broadcast special…
"ISTM Munger & Buffett liked to shift more into cash when markets seemed frothy.
A form of timing."
I can't speak for Munger and Buffet's cash strategy.
Some investors hold cash if they can't identify any investments which meet their criteria.…
ISTM Munger & Buffett always liked to shift more into cash when markets seemed frothy. A form of timing.
By all accounts Berkshire’s cash stash is at a record high today. That’s in nominal dollar terms. As a percentage of AUM it might not be a…
I have a UPS delivery (an Amazon purchase) that was supposed to arrive Monday. It has been rescheduled 3 times and now projected for Friday. I thought this worth posting because the tragedy referenced in the post & grounding of some of the fleet…
Looking at the Empire State Building (ESRT) @ $7.29 per share. Why off 33% YTD?
Is Mamdani planning to convert it into a homeless shelter?
Funds to replicate Trump induced chaos?
As an etf BARF
OEF version HEAVE
Michigan just reset the state liquor commission controlled “minimum price” that merchants can’t sell below. It’s a weird system with the state grabbing off a 65% markup on package liquor sales.
I was struck today by how steep the recent price rese…
One of my “go to” sites is Yahoo. PRSIX is an excellent fund. It only lost 20.38% in 2008 and gained nearly all of that back with a 25+% gain the following year. A bit over half the ‘08 loss occurred in the final quarter of ‘08 when it lost nearl…
Thanks for adding the substance guys. ISTM that “global” funds, unlike international, do normally have significant U.S. exposure. Some as high as 65-70%. Not to argue, just to be sure we’re on the same playing field.
The whole concept of a singl…
@ Hank. It’s gotta be someplace. Seriously,,, what’s riskier in the next five years, tech or financials? I don’t have FOMO and won’t regret leaving money on the table.
I wish I could answer your question Larry. I’ve been spending too much time re…
”Meanwhile, Trump called controllers who took no time off during the longest shutdown in U.S. history "GREAT PATRIOTS" and said he would recommend giving them each a $10,000 bonus.”
Would that be some excess tariff money? Or what’s left over from t…
am missing something here regarding timing of the shutdown\shutup. how many days will private jets not fly at those airports?
and why did this come after the substantial cuts already affecting public flights?
You don’t suppose they read @Mark’s po…
Really sad news. And the Guardians (if memory is correct) fielded a pretty decent team last season. I know how to lose money the old fashioned way - by placing dumb bets. But it doesn’t help any when your team’s pitchers are intentionally servin…
At 6 PM Sunday CNN is reporting that a deal has been reached. (Flight cancellation mess caught me while traveling. Sure would be nice to get home. :)
Please post additional details if you come across any.
Thanks for sharing @Sven. Yes, your description of the O’Hare incident sounds about right.
Thought I was an avid flyer until I met a gal on a recent flight who flies often due to her work and is also a very nervous flyer. She knew a lot more about…
Tragic. The MD-11 (a later derivative of the DC-10) has been a real workhorse for the big shippers like UPS. Here, or elsewhere, it was noted that many have been converted to cargo from passenger service. You see a lot of them (UPS / FedX) at some …
PYLD isn’t much of a “plunge”! Yeah - I prefer to invest in baby steps too. There’s plenty of different ways to lose money.
I’m tracking a hypothetical basket of 10 stocks I threw together 10-15 days ago just to watch. 0 invested. It fell for s…
"Gosh, the way Republicans are carrying on about Mamdani, you’d think he had been convicted of 34 felonies, had a trail of legal penalties for various frauds, and lost two civil rape trials or something."
LOL
He’s probably taking a wrecking ball to …
Anybody watched Springstein’s “Western Stars” video? Thinking of buying or renting at Amazon.
@Dr. Venture. Thanks for the helpful suggestion. I’m traveling and the VPN kicks on if using what Norton deems an “insecure network.” However, I cannot …
