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.
@hank: I think that fewer and fewer people (at least Americans) are able to read that solid periodical literature that you enjoy so much. According to today’s Times many parents are up in arms because they perceive weak reading instruction that thei…
@LewisBraham: I agree, it’s not a core international fund. What I am using now is a combination of DIVI, MOTI and FNDF, as no one international fund seems to check all the boxes. I remember a discussion here about how long Artisan seemed to be takin…
@LewisBraham: a video interview with ARDBX’s two co-portfolio managers, shows that they were former Artisan employees trained by David Samra. Each left Artisan for other positions, but were brought back 2-3 years ago by Samra to be part of the Inte…
At the risk of expressing hyperbole, I am hard-pressed to think of a single decision by a sitting president that has had such a long and negative impact as the nomination of CT. The Supreme Court, and the country as a result, have suffered terribly …
@Mark: interesting fund. I note that turnover on 307 positions clocks in at 336%. That's a lot of trading. I assume the ETF structure enables the managers to keep distributions in check.
I think OSTIX looks pretty good here and I am buying. I am clearing out REMIX, at a minor loss. That alternative fund cushioned my portfolio less than cash would have over the past 6-12 months.
The same states keep appearing on these lists, whether it be level of education or another economic or social measurement, and these have always been the states where I know my family and I would have never chosen to live. But I'm the kind of person…
@rforno: I looked at the four CGGO managers' bios and found a decidedly international bent to the team. 2 are Europeans based in Geneva, 1 a Brit based in Singapore, and 1 American working from SF. At least 3 manage(d) a global growth and income fun…
Thanks for those ideas @rforno. CGGO looks promising. I have not replaced the global growth funds that swooned in 2022, i.e., Kristian Heugh and MS funds. Do you know if the managers of CGGO run an equivalent MF strategy?
Happy for UConn men, but the women really screwed up against Ohio State, committing more than 25 turnovers. Bball and a generous state legislature made UConn into a fine university, big change from when we graduated.
@davidrmoran: DSTL would have stood you in better stead than CCOR, says he with the impeccable hindsight. Other value-leaning funds have been hurt as well recently.
Somewhat after the fact, but the linked SA article confirms what others have said here about why managed futures cannot reliably preserve a portfolio from a sudden downturn.
https://seekingalpha.com/article/4588263-dbmf-driving-through-rearview-mir…
I have read that about those funds, @AndyJ. I wonder what the difference is between momentum investing and following trends, or simply trying to outfox the markets by guessing directions of certain assets. Must be the secret sauce they use. No one g…
Thanks for your reply, @Baseball_Fan. I should have included KMLM, 2022’s star, to the list. Seems as though nothing will hold your pants up if market gravity snips your suspenders.
It's a step towards state control of the media and we all know where that ends. And how badly it ends for errant journalists. It was bad enough when Charles de Gaulle required journalists to submit to him the questions they would ask at the next pre…
@msf: I continue to be befuddled by M*'s romance with Harris, Oakmark, Herro, and Nygren. Does M* have no way to send these underperforming hurlers to the showers?
I used to get Barron’s, delivered fortunately. There was nothing quite as good at getting a fire going in the fireplace as all those middle pages brimming with statistics. Perfect size, as opposed to a conventional newspaper, and very volatile. I am…
@Mark and @MikeM: I also abandoned the Akre Focus fund after several years and holding it profitably in three different family accounts. However, the fund seems to have lost its individuality, perhaps as a result of its size, its concentration and i…
@sma3: you probably are aware of Matthews’ MEMX, which excludes China. How to screen for such a portfolio, I dunno. Maybe Premium guru Charles can help.
@Mark: An interesting choice. From my looking at the managers of some of the underlying funds, it appears that the same team runs all the Avantis offerings. Had you bought on the day AVGE came on the market, you’d be a happy camper today. One hopes …
@davidrmoran: I don't know what happened to DEESX, either. I see from the charts that it reached its nadir on 3/22/2020, having fallen some 7 percentage points more than FXAIX at that point. It never really caught up and I can't devise a chart that …
Thanks all. With respect to drug pricing, I would be satisfied if Medicare were given the mandate to negotiate prices directly with the manufacturers. European and the Canadian healthcare systems are able to able to reduce costs considerably by doin…
@WABAC and @sma3: I appreciate your responses. A few years ago, while watching my CELG shares make a huge climb upward, I rationalized that I was offsetting my rapidly increasing out-of-pocket healthcare expenses by investing in the sector. Now I fe…
@MikeM: I reduced REMIX, but still have a decent stake. Because it has a large allocation to global equities, I think it may do OK, maybe not shorting equities during this upswing. The PM claims he runs an all-weather portfolio.
