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 want to get an opinion, I read it from one of the best in business, David R. Giroux, the guy who runs PRWCX, T. Rowe Price Group Chief Investment Officer, + more who publishes his thoughts a couple of times annually.”
“MFO monthly issue i…
The 2 recorders? Dunno. Out of my realm. But the ipad I’m typing on right now is 3 years old with near daily use over that period and 500-1000 full discharge / recharge cycles. Still performs admirably for 5-10 hours on one charge. Assuming those …
"Didn’t a cockpit crew member survive? Able to talk?"
@hank- No sir... both of the two survivors were cabin crew who had been seated in the tail section- about as far back as possible.
Thanks for the info.
Thanks @Old_Joe
That’s an excellent summation. Still lots of unanswered questions. One possible reason for gear retracted and flaps not deployed is that would have significantly increased drag. Depending on AS they could also have induced stall. …
”David Giroux’s 5300 is a 14% drop from here. So many members of this forum are invested heavily with David.”
It Giroux is right, I’d expect he’ll be on the cover of Barron’s shortly thereafter.
If he misses by 25% …. ? ? ?
Fame is a fickle f…
Thanks for all the comments. I’ve edited the thread’s caption slightly since I am no longer considering the Manning & Napier fund that prompted my inquiry.
Regarding my other comments in the thread -
There were a couple different spec pla…
I did not fully understand this concept when I posted the topic. Your comments have made it a bit clearer. No - @Crash - this is not a “black box” in the sense we normally apply the term. I have no idea if this move to non-public (apparently secret…
$2500 for one hour for your time...(offer ends soon)
Anytime I try and do something in a hurry it ends up backfiring - sometimes badly. They say haste makes waste.
Good one @Old_Joe! But “an hour”? More like 3 minutes.
Siri is useful but has its limitations. We speak into it to find specific contact for driving direction; useful in the dark after pick up a rental car.
Agree. Siri can read a map frontwards and backwards. I was totally impressed by the assistan…
Probably fixed now. I don’t keep a portfolio there, but tested a few funds on the M* site (7:30 PM) and it appears to have correct prices.
Since @Art posted at 12:58 PM, he must be pricing ETFs or some other securities, as the OEFs aren’t priced u…
Wow. Is that ever right on.
Yeah - That last line really hit me.
(Somebody posted it in the Q&A on Fleckenstein’s board yesterday. How I happened upon it.)
+1 Good luck. Hope it works for you.
I wasn’t trying to persuade anyone not to invest in these funds. It’s the overall trend across fund managers and the financial services industry that concerns me.
https://www.mutualfundobserver.com/dis…
Carl Sagan’s Prophecy …
”Science is more than a body of knowledge; it is a way of thinking. I have a foreboding of an America in my children’s or grandchildren’s time—when the United States is a service and information economy; when nearly all the …
Oh they'll still claim it alright but a rational, informed citizen will have no part of it. However, as we have seen lately, that may be a tall order for 50% of the electorate.
Ya wonder where their brains are … ? ?
Puts me in mind of Nixon’s inflation reduction act. Except he went further. He “froze” it. Back when a full sized automobile with V8 / automatic cost around $3,000.
Andy has it right. Nothing new. He’s always kissed-up to motorcycle gangs, cops, truck drivers, & anybody else he perceives as “tough guys.” Albeit, some cops won’t agree with the pardons. But from a purely emotional “gut” point of view (how…
Calamos has been on a tear the past couple years launching new funds - probably doubling the number over that period. I’ve long held slugs of two of their more established OEFs. But am in the process of exiting one completely based on the kind …
Interesting. I’ll stick with DraftKings. You can achieve something similar wagering on the favorite and then hedging with a smaller bet on the underdog (which pays out more).
As much as I like David Giroux, I never liked PRWCX bonds; after all, PRWCX expertise is in stocks. Their bonds are mainstream, and probably what they care about. PRWCX AUM = about 66 billion. That's a lot of money in bonds. I love much smaller bon…
Thanks @FD. A lot of that is true. Note that @Observant1 actually put quotation marks around “Expert” in the thread’s title - intending perhaps that the term be taken with a large grain of salt. When I worked as a kid at a filling station / garage …
Hmmm …
I once encountered similar issues with an Elan credit card. That, it turned out, was traced to my incorrectly imputing the 3-digit security code on a purchase which thereby caused an automatic account lock. But I didn’t realize the account …
Thanks for the warning @yogibearbull. My intent is to use the feature exceedingly sparingly. Was just curious to see if it worked.
Most here are obviously quite wealthy and have profited greatly from all the information shared here. So, ISTM …
Since bond funds surfaced in the discussion, I’ve attempted to utilize a share option in my Barron’s subscription to link an article. I hope it works. This one on bond funds I found interesting.
Barron’s - Actively Managed Bond Funds Outperformed…
If it costs more for a vehicle built in Japan, Mexico, Canada or China (due to tariffs), won’t companies who build similar vehicles domestically just raise their prices to compete? Why would domestic manufacturers not raise their prices to whateve…
Thanks Ben. I’d always figured a lot of them fooled around with the nice looking female flight attendants on those layovers. Shows how little I understand about flying.
Unfortunately, I think @JD_co & @Observent1 are correct. Better in OT. The real problem is the country is fractured politically, and in many ways socially as well, to the point where rational discussion of a President’s policies (either par…
I don't pay attention to any "experts" only to my system.
He moves in darkness as it seems to me,
Not of woods only and the shade of trees.
(Robert Frost)
@bee / To pull up the limited available stocks M* carries just type in the ticker symbol in the same field where you would normally enter a fund’s symbol. When I’m logged in it’s near the top of page. Says “search for investment…” I just did a…
