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 certainly don't know where the bottom is, but international equities look cheap, especially given the outsized gains of the US dollar. I nibbled at FNDF, even though I doubt international equities will be big winners. Mean reversion is my hope.
I chat with our regular UPS driver who told me during the worst of Covid how many new hires the company had authorized. I think it was between 100 and 200K. I asked him if their union had a two-tier wage system similar to the UAW, but he assured me …
Longtime Giants fan here. Remember Frank Gifford taking a hit to the head from Dick Bednarik (sp?) of the Eagles in 1960. Gifford never was able to play well again.
The “Parent” tab in the link for WGROX that yogi provided shows current year assets for Wasatch at $12.49B with net outflows of $0.70B for 2022. You can get a sense of what each fund’s outflow is just from the M* bar charts. I don’t know for sure, b…
About 9% now. For context, the taxable account is at 42% cash, the Roths around 19%. That makes the MMFs the biggest positions if I were to count them as “active.”
BLNDX/REMIX, @BaluBalu, allocate approximately 40% to global equities, mainly via long ETFs, and some 60% to futures (long or short) contracts on currencies, commodities, and fixed income. The Standpoint web site and their monthly updates provide go…
A while back I wondered how DoubleLine got the CAPE trading symbol away from Barclays. My guess now is that it was no great loss because Barclays had no future in mind for the ETN, and agreed to use the CAPD symbol for a short time. If I were a fund…
It’s tempting to resume travel to Europe, but doing so on the basis of a weak Euro would be to overlook many drawbacks: understaffed airports and erratic flight schedules, the historically high temperatures, COVID, and the war. I have benefited twic…
Very good point, @LewisBraham. As for having stepped in other stuff while looking for wealth, that’s another analogy. Technical analysis makes no sense to me, either.
I’m with @MikeW in NEAGX/NEAIX. The latter has a TF at Schwab, while the former is NFT with a huge ER. I added to BCSIX recently after selling quite a bit a few months ago. Sticking with DVSMX despite bad slide. BRSVX is a new position, bought in Ma…
No question in my mind that lithium (LAC, in my case) may be supplanted by a more environmentally friendly product. There is controversy about LAC’s desire to develop the Thacker Pass site in Nevada and risk overhangs the stock. I’d liked to see US …
@catch22: I have have PBL, TAN, ICLN, and QCLN on a watch list, but I own none. I do have positions in DQ and LAC, both of which are indirect plays on clean energy. I keep the positions small and I take the investor’s equivalent of Dramamine before …
@WABAC: I agree with you on water. I have a decent amount in FIW, and I have stuck with it despite drops since late 2021. The fund holds companies whose business extends beyond water per se, but I think they are solid industrial companies. Lots of g…
@Crash: During our two weeks in HI in April I wondered how I could function in your time zone as a resident. Not just following the markets and trading, but also watching live sports. I rarely place orders after 4PM EST or before the markets open, b…
@davidmoran: a recent SeekingAlpha article and follow-up discussion show that some are uncomfortable with the fund's market-timing strategy while others think it's the fund's secret sauce. Apparently another fund in the Victory family, CDL, resemble…
Thanks for that link, @LewisBraham. I read the managers' reports and I was struck by the overlap in their funds. The fact that the bad apples were held in more than one fund strikes me as concentration squared or trebled. Wayfair and Upstart did big…
@Mark: The maverick senator from AZ has not said she’d vote for the bill as it’s been presented to the public. The drafters sneaked in another jab at the carried interest loophole without telling her. It’s reported she receives backing from those wh…
The value tilting funds I own have loaded up on oil since the March 2020 weird pricing, particularly SMVFX, SMXAX, GQEPX, and COWZ. I did not own any of those funds in early 2020.
@Old_Joe: I think you should hang on to ASML. Most foreign funds I respect seem to hold it and many of them also have Taiwan Semiconductor. It may be that China would like to get its hands on that company, but I pray they are level-headed enough not…
FWIIW, shortly after opinions were registered late this AM about the market being down, the whole shebang turned positive and finished well in the green.
Like @MikeW, I added to MOAT on days when market was coughing up red. I am seeing certain stocks getting pummeled after reporting decent earnings while others are being rewarded. Many would say conditions are treacherous and that Wednesday's rally i…
ISTM that the fracking industry, probably with help of lobbyists, succeeded beyond expectations in hoodwinking the public into thinking fracking is patriotic, good laissez-faire economics, and beneficial to the country. The industry seems to have su…
@WABAC: thanks for all the research you put into compiling your buy list and for sharing it here. I share your interests in infrastructure (PAVE and GLFOX chez moi), water (FIW) and green energy. GRID was unknown to me. I have added recently to BHCF…
ISTM that the interactive M* charting has once again disappeared. It used to be available in the "Quote" and the "Performance" tabs, but I can no longer see it. So many members have given up on M* that maybe I'm the only one who noticed.
I agree with you, @sma3, on Sirius. For $99 per year Apple Music offers practically everything ever recorded. My tastes are somewhat similar to yours and the only recordings I cannot get on AM are Harmonia Mundi’s catalogue. I wouldn’t know about op…
@hank: I still feel jilted by TMSRX, the first fund I ever owned in the « alternative » realm. To think that I recommended the fund to my daughter who was a newbie to investing.
Since then, I have had much better luck with REMIX, though nothing to …
@hank: the only difference I know of regarding stocks or funds in a brokerage account is that ADRs are ineligible for automatic dividend reinvestment. This is true at Schwab, FWIIW.
