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.
I saw that top 25% of AUM were the huge high-flying tech stocks too. It makes me hesitate to add-to this ETF at this time (I did buy a few shares on the 2nd day to more easily monitor it's progress). All, except GOOGL, have 14-day RSI scores around …
.@yogibearbull: I admire your work from which all the members here benefit. I also wonder how you get all these data and links out so well and so quickly. The answer may lie in your experience with your new dishwasher. From my reading of your tale I…
ISTM you’re being a bit overly harsh Lewis. It’s a sensational story. Five guys get bolted into a tin can and descend to unimaginable depths to see the fabled Titanic. It’s really dark and dangerous and cold down there. I think that’s most of the …
I sometimes wonder what would have happened if Peter Lynch didn't retire in 1990. Could he have kept it going, or would his magic touch disappeared? Over a 13 year period, he put up 29% annual returns. I don't think it would have lasted, even if…
@LewisBraham Spot on. But what’s new? It’s all about grabbing eyeballs, amping-up the ratings and making more money. We could disparage the networks for operating that way I suppose; but to an extent they’re forced into the game by the need to co…
Nice link @Derf & Thanks
”Carbon fiber composites can be stronger and lighter than steel, making a submersible naturally buoyant. But they can also be prone to sudden failure under stress.”
Reading the Smithsonian story it sounds like they put…
You can find Buffet quotes to support almost any approach, ISTM. I thought @FD1000 made some good observations (for a change). I like Buffet’s saying about “not swimming naked” the best. When “the tide goes out” you may become suddenly “over-expos…
Someone on Big Bang! recently started a thread titled "How can we match or beat PRWCX?".
Looks like Berkshire has managed to beat it. I’m getting average annual returns for 10 years as follow: +11.53% for BRK.A / +11.43% for BRK.B / +10.79% fo…
This isn't the only board where folks are fond of PRWCX. Someone on Big Bang! recently started a thread titled "How can we match or beat PRWCX?"
Cheers!
”If the Federal Reserve follows Summers’s advice and keeps raising interest rates until the economy hits “five years of unemployment above 5 percent,” then millions of people will suffer for absolutely no reason other than as human sacrifices to a d…
Trap door market coming soon? AI bubblicious? Tax receipts way down. Ukraine Russia war getting even bloodier? Waaaaay overvalued stonk market? Hmm
@Baseball_Fan - You made a wise call start of 2022 in choosing HSGFX. Hussie’s not doing so w…
My preference is to look for buys when sentiment is negative and hardly ever when bullish unless we're coming off a blowup to the downside.
I agree @Mark. I suspect however the bullish sentiment is still in the early stages. Hell, Barron’s just wen…
Thanks @Crash.
Brave is very highly rated from my recent reading. I think your warnings about Bing (Microsoft) were accurate. I’ve finally come around to deleting any apps or links to them.
Trying to compartmentalize now. Chrome for everyday …
Reading through the various discussion forums at mfo one gets the sense the mood is improving.
I’ve noticed the same thing. A year ago there seemed much more discussion of the approaching recession and the duel bear markets which were ravaging bo…
There are now several favorable comments on 60-40 including in this week's Barron's (Joyce Chang, JPM). 2022 was a horrible year for bonds and hybrids (also for stocks, but nothing historic). It should be better/good going forward.
Yes thanks Yogi. …
Thanks @catch22. I’ll work on this advice first opportunity. Just home from a 8 mile bike ride. First warm day in awhile. Sorry everybody for the rant. Guess I’m behind the curveball on this internet security stuff. Been using DuckGo directly a l…
Related issue if anyone has suggestions.
Google seems to be tracking & storing every web-page I visit. Even with DuckGo the “default” browser, when I go into google or safari and click “History” all my recent searches come up. In addition, …
From @msf - For anyone who "may add it during the next selloff", I wish you good luck but also wonder whether one might have done better by having already bought.
Here’ s the best assessment of gold I’ve ever come across. It’s the ending to Mark Twain’s short story, “I Find Fool’s Gold” (From Roughing It):
“Moralizing, I observed, then, that ‘all that glitters is not gold.’ Mr. Ballou said I could go furt…
LOL - All those newbies piling in today are causing the Dow & S&P to rise over 1%. MFO has become a big “market mover”.
There’s at least a couple stocks I’d buy / add to first, if inclined to invest more …
The preliminary list of holdings in TRP link above looks like a plain vanilla USLCG fund to my eye. In the event, Schwab is not trading it as of 1:09 PM EDT. The holdup is due to one of our enthusiastic MFO traders who is tying to buy all 500,000 sh…
If you want to try and understand gold / gold miners I might suggest subscribing to Bill Fleckenstein’s “Market Rap.” That’s something he knows a lot about and frequently addresses in commentary or in answer to questions submitted by readers (see “…
I hope this is pertinent to the discussion. Clipped from Bloomberg today.
Ken Griffin, whose hedge fund churned out a record $16 billion for clients last year, is increasing his focus on credit trading as he braces for a potential US recession.
…
“As for selling TF funds, there is no transaction fee whereas Schwab charges the full transaction fee as buying.”
Thanks @Sven. It never even occurred to me that anyone would charge for selling a fund you already owned. What I’ve learned in the p…
DODGX and DODWX transferred to Fidelity without issues. However, cost to trade is steep at 75 bucks. Not a problem for me since I just leave them alone. If they charge me for distributions I'll be on the move again soon.
Yes, That’s my thinking. T…
Has this in-kind transfer happened or are you thinking about it?
Thinking about it. Quite sure from past posters here that it is possible. Some have alluded to a reduced fee at Fidelity for adding shares to a D/C fund in a systematic manner - at l…
Good point @Sven. CPI data release Tuesday. Maybe I’m just paranoid, but I’ve suspected in the past this sometimes gets leaked in advance. That might explain the abrupt turn in some markets late in the day if the numbers are favorable (showing slo…
The traditional VIX gained 8% today which is a big move. And the 1-day VIX galloped ahead. Very unusual day for sure. NYMEX fell 4% to $67 - a possible recessionary warning. That on the heels of Barron’s bullish call over the weekend. Don’t laugh…
Thanks for weighing in Ben. I finally have been able to turn off VPN on my Norton anti-virus and it has stopped the issue for now. And I too have set DuckGo as the default browser. VPN is a smokescreen some protective software throws up to disguise…
@LewisBraham: I had a similar reaction as you to the Barr comments.
I must have missed something. Not sure what comment @BenWP’s referencing. . Perhaps a reference to the WP article I couldn’t access? Barr was a great disappointment as AG. But he…
No bull
Oh, The market? I tend to think Barron’s has the overall picture right, (no pun intended), perhaps a year out. But I don’t think they meant to say markets won’t go lower first. Nor do they mean there won’t be a recession sometime in t…
From the Politico story -
”Trump is not legally prohibited from running for president from prison or as a convicted felon. But such a bid would nevertheless provide a massive stress test for the country’s political and legal systems …”
No kiddin…
I’ll make a bold call here and predict that at some point he pulls out and gives his support to DeSantis. I think Barr’s comments on FOX yesterday may be the first nail in the coffin. There will be more. But it will take months to play out. Notice …
