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.
Might be worth building a small short on Trump Media. Markets so crazy I’ve actually got smallish short positions using PSQ & SDS. Under 2% of holdings, but allowing me to stay invested in some less frothy areas (including David’s pick - LCO…
Nice to know you’re still staying atop of Boeing @Old_Joe. I’m following the news, but visit the board only infrequently. You don’t suppose Ted’s still following your posts from ”wherever” he may be. :)
Thanks for all you do.
”I particularly enjoyed a recent read of Morningstar’s analysis of Neuberger Berman Long-Short Fund (NLSAX) which I own, although I’d rate it higher than they do (Medalist Rating Bronze ).”
Just wanted to note that Morningstar raised its rating of N…
I don't trust fund managers that goose their funds with stocks that are unrelated to the category, or the thesis. What's the point of owning an "EM fund" if the returns are driven by stocks from North America and Europe?
You say you don't care. OK…
"I'm happy to let my funds hold MAG-7s in controlled quantities. I don't need more of them!" indeed, and they pop up in unexpected places. They are a top holding in Rajiv Jain's international and EM funds for reasons I've yet to hear an explanation.…
On the same note, a prominent MFO member recently wrote:
“You have no reason to envy my investments. I have no reason to envy yours. I don’t know how much my brother-in-law’s portfolio made. I don’t care whether I beat the market, I care about whe…
Just used Fido’s portfolio analyzer.
”The level of stock (equity) in your retirement accounts (38%) is generally not associated with someone your age, which may mean an inappropriate level of risk.”
Being alive is also generally not associated w…
Here’s a 2013 Story. References to “today’s market” are dated and not applicable. But they seem to have the story of Gail Dudack (the “odd duck” among the weekly elves) correct. Being a “elf” was a permanent position, whereas the panelists rota…
Is the question about Mag or Gail? @Crash
Gail Dudack was one of the weekly “elves” who was consistently bearish on the markets week after week while all the other elves (6 or 7) were steadfastly bullish (1999). Rukeyser himself was also bullis…
A few stocks I have to go along with WABAC 's list. All YTD. MKS +21,VST+18,URI, PH, and EW all up 13+. Thats TECH, Utilities, Industrials and Health Care. Not all about the MAG 7.
@Art - Good show!
And I’ve now deleted my earlier reference to th…
”If it's all about the Mag 7, why is XMHQ up 11.24 YTD? Why is GRPM up 8.18? “
I have absolutely no idea. A few of us were just grousing among ourselves quietly over in the quaint OT section (which resembles a dark alley) and somebody had the br…
I can confirm today's market is entirely range-bound. All indices are trading in a very, very narrow range today .... practically miniscule. :)
Thanks @rforno. Was getting worried. Thought it was all in my head. :)
This is the first time I can remember what started out as an “Off-Topic” thread (February 8) being moved to “Other Investing” (10 days later) after many had posted.
Thanks. Nice analysis. Mentions the role of war in keeping Russia’s industrial machinery / economy running. Possibly applies to many other economies including our own.
A (perhaps misguided) college Prof’ once explained it this way:
”War is …
The market concentrates around Mag 7 is concerning. Are we riding on a bubble or this time is really differs? Except for US, the economy across the globe is slowing including China.The past week UK and Japan are officially in recession. Is US the …
From today’s WSJ - “The ban on borrowing could have the greatest impact, lawyers said, because most large U.S. banks are registered or have charters with New York.”
Sounds a bit like the financial markets...
Yes. Come to think of it … Some of CNBC’s lighting, sounds, characters and stage-sets do somewhat resemble a casino.
Thread reminds me of Kurt Vonnegut’s “Ice 9” from his cataclysmatic novel, Cat’s Cradle
Am near fully invested mostly in alternative and balanced type funds. Some exposure to high yield, though those in the know say spreads are too tight. Bold e…
The stuff on Shatner was fun. Just kept transitioning from one video to another. / SNL’s 1986 style humor - a nice throwback to a gentler time.
(Reposted from @msf’s earlier comments) And get a life (Shatner, SNL):
https://www.dailymotion.co…
Photo & Article from this Week’s Barron’s
“Last week’s Investors Intelligence sentiment survey showed the highest percentage of self-described bulls since the summer of 2021. Market strategists have been raising year-end price targets for t…
@Anna - What I have trouble doing is learning to speak such that every word out of my mouth is an unmitigated lie.
It’s the circus effect … You pay to go see the “fat lady”, the 10’ guy on stilts, the lady in a cage with a tiger, and clowns - …
Watching some interesting CNN analysis. Several knowledgeable guests. Says one: The family is now officially a “crime family” as the two sons have been fined as well. Also “money begets money”. The more you have (or pretend to have) the more you …
Nice. +1
I read a lot of the M* Analyses and they emphasize stewardship often (perhaps using different terminology). Stability of management across the organization is something they often mention. High turnover is a negative. If managers invest …
”And yet I have had nothing but the best opposite response and results from Fidelity. Go figure.”
Thanks @Mark. I was just about to leave Fidelity and move to Schwab based on all the glowing testimonials. :)
Glad @Crash now has some resolution …
Today I received a UPS package with about 5 pounds of forms - EVERY MONTHLY AND QUARTERLY STATEMENT SINCE 2013 - BUT NOT A SINGLE 1099-DIV!
When they say "Invest with Confidence" they must mean with someone else!
+1 / Somewhat similar to the issu…
@Crash- I'll tell you what- when you find the perfect broker who meets each and every one of your non-negotiable demands, and has a record of perfect service for at least ten years, please let the rest of us know.
Ain’t that the truth? 90% success …
Red as far as the eye can see. I did open the day with a small position in SPDN which, of course, gained. But sold it later in the day. CVSIX is a good bond substitute. Only off .14% today. Probably my best performer aside from cash. Also opened …
Like others say, each has attributes. Both Schwab & Fido command a lot of respect. Today I put through 2 different OEF “buy” orders at Fido (same fund) in the last 15-20 minutes of trading. Than I subsequently cancelled each and put through y…
Crash - I’m sorry to hear of the inconvenience you suffered with T Rowe Price today. But are you sure it was Pershing they had to speak with? No wonder it took so long.
”These questions were very subjective.”
For sure. Just for fun me thinks. I went back & looked at #1 again - Would you rather have a smaller govt. or a larger one providing more “services”?
Well … What services? Port facilities for the supe…
:) You owe me one!
I don’t know if anybody else does the free annual Medicare “Wellness Visit” for folks over a certain age. Mostly, they try and determine whether your mind is still lucid. Counting down backwards in 7s is one I recall recently. …
I’m afreaid @Low_Tech is “behind the curve” however. Fixed income was in vogue a year ago when money market funds hit the “astronomical” 5% mark. Today we’ve moved on to the “Mag7” - some of which have tripled or quadrupled over the past year…
