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.
”Two weeks ago, I hiked with a heart surgeon. He retired 10 years ago and told me that in the last 10 years, things changed and advanced so quickly and much faster than in the previous 40 years.”
It’s truly incredible. My first (of several) eye su…
Than there’s Mario Gabelli in this week’s Barron’s who, after citing a litany of ominous signs, including budget deficits and a recent 50% drawdown in the U.S. Strategic Petroleum Reserve, shrugs them off and says:
”But what does it matter? Sho…
Just a blurb from today’s FT. Gotta feel for United under the circumstances. What a mess.
United Airlines, which flies more Max 9s than any carrier, said on Friday it was cancelling flights on the plane through to Tuesday, giving it more time to …
@Crash - Feel free to ”swing away”. That’s why I put it under Off Topic..
I happen to own a CEF from Gabelli (quoted in the excerpt). Suspect he’s to the right - though I don’t know if he supports Trump or not. Anyway - he’s made me some money … …
Nicely put by @msf. I agree. Assumptions that investors as a lot act rationally are way off base. It’s interesting that we so often speak in generalities about “stocks”. I’ll leave it there. :)
@Crash. Thanks for elaborating. Technically I’m 10% cash. That’s the normal allocation. But I threw another 10% into a short term bond fund few weeks back. Took bit of risk off the table. Bought a bit of protection.
I don’t have any opinion on bal…
Agreed!
And after a partial rejigger in January, I find myself at 57 stocks 37 bonds and 5 cash. Close enough, I guess. PRNEX is more trouble than it's worth. Gonna exit and redeploy the money in that one. Too volatile, and performance has been yuc…
Thanks Joe.
Say it ain’t so, Joe!
@Old_Joe Thanks for the depth of research you’ve been doing. Hope others are availing themselves of your multiple threads on this topic over in the OT section. Some amazing graphs, diagrams, etc.
Myself? - You…
Yep - It would have to be dirt cheap for me to play around with. But here’s a limited and edited excerpt from an article that appeared in Barron’s less than one month ago. You don’t suppose that December 13 th publication date jinxed them?
Article…
+1 Glad it worked out. Great news.
On a recent flight a few days ago United “unfueled” our plane. Had been fueled for a longer flight when they swapped it for our shorter flight. So we waited onboard while they took fuel off. Aside from economy…
I may have to take a look at those shares. Doubt the govt. will allow Boeing to go under due to its defense related & NASA ties. (I agree they stink presently.)
C’MON @Crash. A wing didn’t fall off! Just a door / door plug. :)
As you probably know, when you book directly with an airline you can click “details” (a bit hard to see) and it will show you the make of aircraft for that route before you make the…
A perfect setup for Colbert
Yes. I was thinking that since there were no casualties the comics would have a field-day. Thanks for the link. Cobert’s acting ability shines through here. And a poignant look at U.S. political scene. Maybe bury this …
I’ve always been amazed at the important roles cotter-pins play in the assembly of all types of heavy equipment. On my ‘05 Silverado one holds the heavy duty trailer hitch in place. If you haven’t seen one, they’re somewhat stronger and more rigi…
I switched to stocks from mutual funds after I retired. Don't post much because of that. I have 9% of portfolio in Tech stocks having bought both AVGO and NVDA plus four other stocks in late summer of 2022.
@Art - We’d enjoy your investment perspect…
Heard comment that had the door left the plane at a much higher altitude , results may have turned in a second, & not for the better ! This happen at 17,000 ft. & believe they can "cruise" up to 37,000 ft.. I have no idea as to average flig…
True @msf
Only - it’s a “seller’s market”. The similar sized Airbus product (A-319 / 320) is from what I hear completely sold out for several years. So Boeing’s products might stink, but airlines are desperate for new product.
Apparently China h…
“As you can see, there's no "extra" legroom to be seen...”
All I can see is a big hole. Woosh!
Actually - On second look, there appears to be no leg room. Something seems “off” in that photo. Just a guess - but with the evac door installed, those…
I don’t know if it’s been commented on yet, but it’s remarkable there were only 3 or 4 unoccupied seats on that craft. And just by chance, 2 of those happened to be next to the door that blew out. The crew must have done a fantastic job reacting a…
Just taking a look at the investment implications here -
- ”Analysts, Unfazed By 737 Max 9 Grounding, Say Spirit And Boeing Stock Are Buys”
https://www.investors.com/news/boeing-stock-spirit-still-a-buy-with-analysts-unfazed-by-737-max-9-ground…
I had never eaten fresh tuna (only canned stuff) before someone on this board mentioned how good it tastes several years ago. Tried it. Liked it. Now a regular part of diet. I don’t eat fried foods, so broil it. Aside from some smoked salmon and c…
+1
But I hasten to add -
There are short term dispositions (mainly about market direction) to which Catch alludes. There also longer term ingrained dispositions regarding how much risk one is willing to assume and the types of investments he …
It is hard to believe I’ve been around longer than man has been in space. Still remember, as a 8-10 year old kid, the night they broke into the early evening TV programing to announce: Russia has just launched Sputnik, the world’s first artific…
”If one wants to maintain 10 investment positions (10% each) in a portfolio, I feel one pure area should be some form of technology (not a single issue), but an etf or fund with at least 30 holdings.”
- I beg to differ Catch. Depends on your own d…
@catch22 - Why not hold on to your technology marbles and wait for SpaceX to go public?
Perhaps as early as 2024
In keeping with the football motif here, were I inclined to play this one I’d probably employ an ”End-around” (indirect route) an…
Nice article @Mark -
Plenty of room in the universe. But the most used near-earth orbital paths do suffer from debris accumulation - endangering astronauts as well as expensive equipment in the area. And the exhaust from launches poses environmen…
For some perspective …
When I was a lot younger (under 40 or 50), during roughly the period from 1965 to 1995, it was common to have 1 or 2 fatal crashes of domestic flights every year. Sometimes more. We more or less took them for granted. Now …
.....But I did not move this thread to OT. :)
SOMEONE did... As noted by @Old_Joe, the INVESTMENT implications here are pretty obvious, thus I originally put the thing into the "other investing" category …
@Crash. I just assumed you had changed …
Boeing is a component in the Dow Jones index and widely held in many funds. Yes - First thing I did this morning was to look at my holdings for Boeing exposure. Appears to be minimal. I recall that after the 2 fatal crashes (2018 / 2019) there we…
@hank - did you mean Norah O'Donnell?
Thanks for the correction Mark. Should have checked name / spelling before posting. Kinda tired from travel today.
@Old_Joe -
The quality and depth of your several posts on this subject are truly impressive and greatly appreciated. By contrast, much of the media seems confused. CBS led off its national newscast this evening with Laura Norah McDonnell O’Donnel…
”She added that the airline restricted the plane from flying to Hawaii in case it would need swift landing, and that a later request from Alaska Airlines for a deeper look had gone unfulfilled before the incident Friday.”
Knowing that might keep me…
Not to rain on your parade. I’ve hauled in 30-35 pound salmon with heavier gear trolling deep water in the great lakes and have landed 2-3 pound rainbow, brook or brown trout hooked on light tackle in shallow streams and ponds. For sheer enjoyment …
Thanks @Observant!
Hard to make sense of. But it appears that more traditional income funds (2) might be becoming more attractive to investors. There are 3 income funds on the list that suffered outflows. But 2 of them are of shorter duration.
M…
” … its new, smaller version of the 737 Max airliner”
I think it’s called ”The Mini-Max”.
Thanks for the story OJ. Nuts! (or bolts) - Some serious safety concerns.
Bring back the McDonnell Douglass MD80s.. fast planes, flew greatWhatever happened to if it ain't Boeing I ain't going?Not sure if I'd feel comfortable on a dreamliner 787, lot of composite parts on that one and lot of outsourced sub assemblies..…
