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 recently added to RPGAX and don’t own or contemplate buying DODBX, so I am not a neutral observer. I agree with @hank that the “global” label does not make an allocation fund much different from a “domestic” one, although another allocation fund I…
Thanks for those links, @davidmoran. Views differ on what the Ark people are doing and how qualified they are, to say the least. How do you find this stuff?
I don’t know what to make of the “religious” influence cited by Cathie Wood. I have read th…
Two summers ago we traveled to the Seattle area where we took a harbor cruise boat trip. We motored through the Port of Seattle, watching cargo ships being off loaded by land-based fixed cranes, and sailed within a few yards of a ship. I can’t site …
I filed my daughter’s return last week using TurboTax. She worked only part of the year full-time, having just graduated from college, and she had not received either payment #1 or #2. TurboTax computed her refund and added $1800 to the total. It am…
@LewisBraham: thanks for those links. The anti-union stuff reminds me of the lengths Sears went to keep unions out. FedEx is not unionized, while UPS is; I would like to see a comparison from both management and labor perspectives. We are a union ho…
@JonGaltill: I started my 300ZX convertible for the first time this season. What nut has a sports car in MI? This is unpaved road country, ill-suited for those who have chrome under carriages and who like clean cars. If you are in the market, I prob…
FWIIW, @bee, auction results on the collectible/exotic car auction site, Bring a Trailer, are giving off a strong whiff of inflation. I’m not in the market, but my sense after lurking there for a few years is that car nuts are throwing a lot of cash…
@hank AND @Derf: here in SE MI we are deluged with offers of "free" cash for use on the newly legalized online gaming sites. I love sports, but have never considered waging on them. I'm probably out of it as evidenced by my failure to hear anything …
@Sven: I have the largest slice of our assets with TIAA because of my employment. My current plan is to move what’s now with Schwab and TDA to a brokerage account at TIAA so that my family will have only one wealth manager to deal with when I can’t …
@Sven: thanks for reminding me about the two different types of TDFs at TRP. In my retirement account at TIAA, my former employer’s choices determine the funds I can use. The Vanguard funds you allude to are what I have chosen, while I use TIAA inde…
@Catch: I have been pondering the same question, i.e., whether or not to put more ex-bond cash to work in an allocation fund. I have kept a relatively small percentage of the portfolio (whose earnings, like you, I do not need for living expenses) in…
As of 12/31/2020, the largest holding of BRSVX was GameStop. Not a stock I would expect John Montgomery to buy, but what do I know? M* claims the stock has gained 6,500% over the previous year. My experience with Bridgeway funds was that some years …
@Sven: our largest and longest held EM fund is ARTYX, very much growth and the one that's dropped the most this year. We have a small position in MEGMX and a bit more in MASGX. I hope to be able to say in time that we bought those "early." Value? No…
Today risk-on is back and the Ark funds are rising. What dismays me is that the fortunes of EMs, at least with respect to the ETFs (IEMG and NUEM) I follow, appear to be correlated. I’m dismayed because I had hoped my moves into EM we’re done on the…
Thanks for these obits, @TheShadow. Driehaus died much too young for my comfort. I’m an NU alum and have always felt a connection to Chicago. Also a very satisfied shareholder.
I have been watching ARKK, ARKG, and ARKF in recent weeks, after I cashed in a small position in ARKK. Whatever Ms Wood owns these days is obviously out of favor and there has been a rotation away from the stocks that were goosing her returns. Even …
I have previously mentioned that my choice for SCV is the ETF, CSB. It's fairly concentrated at 103 positions, so it may not suit investors who want a larger slice of the universe. The other candidates I reviewed are DES and VRB. CSB throws off a mo…
My entrant is : Garrett Van Wagoner, who made his name managing Govett Smaller Companies Fund. It all went swimmingly well until 1999. Mr. Van Wagoner then struck out (sic) on his own and by 2008 had compiled the worst 10-year record among actively …
These ideas of Shiller's, especially about how we can be influenced by the beliefs of others, might fit into the other discussion going here, the one on the ARK portfolios.
I have heard two interviews, one on “Sixty Minutes,” with Bill Gates regarding his recent book. I have not read “How to Avoid a Climate Disaster, “ but the ideas Gates has and the resources he’s putting into their realization are quite impressive. I…
@msf: I knew which shares I had previously sold, and I had good records, but when BRUFX issued its 1099 this year, the fund had combined several of the sold shares into amounts that I did not recognize immediately. It didn't take forensic accounting…
I sold BRUFX in 2020 as part of simplifying and consolidating various accounts. Previously I had sold some HCFO shares, picking the ones I wanted to sell, a method that required me to do likewise with other sales, even though I was closing the accou…
The two Driehaus funds I own are DVSMX and DSMDX, both run by the the managers who have made the closed Driehaus Micro Cap fund a success. These funds are volatile, dropping as much as 4% per day when the markets nosedive. I have no clue as to their…
Good points, @hank. I do like the deep bench and the research at TRP. RPGAX has done well for me and I am committing more former bond dough to TMSRX. Both funds utilize the managerial skills of a range of strategies, so they are funds-of-funds. I t…
@davidmoran: thanks for the MacInTax memory. I got my first Mac in 87 and started using the software the next tax year. It evolved into TurboTax, under the Inuit umbrella.
@Old_Joe: I thought you were making a fortune on passion fruit juice futures. Where’s Joe D when you need a hero? The baseball cards I remember from my childhood were all scuffed up from tossing them in playground competitions the object of which wa…
See @TheShadow’s posting today about Matthews combining Emerging Asia and Asia Small Companies to create a SCEM fund with world-wide coverage. This discussion has pointed out that there are not many such funds extant. Others can let us know what’s g…
That’s very helpful, @finder. I was referring to the same 19(a) forms and with your explanation I now realize that a more precise tabulation of ROC will be required. I hope Schwab does it right.
I hold some IOFAX at Schwab and since the disastrous fall in the share price last year, I have received an email referring me to the monthly AC details on the distributions, with the ROC clearly identified. Unfortunately I have not archived or saved…
Regarding being late to the party in buying the stocks of vaccine makers, consider the example of one high-flyer, NVAX. This company, started about 35 years ago by Johns Hopkins scientists, had never produced a successful vaccine until the current e…
