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You are right, @MikeM. @shipwreckedandalone started a thread on CGDV in March 2022 and @yogibullbear linked the announcement of the Capital Group new ETFs that same month. @rforno expanded the discussion this year. Thanks to all.
Thanks @WABC. I find that DIVI and MOTI have a 42% overlap, way more duplication than I had thought. Further looking shows only 6% of AUM in the two funds constitute overlap, so less duplication than suggested by just toting up the number of stocks …
I would add to CGGO (thanks to @MikeM) and MOAT.
FWIIW, the Capital Group continues to roll out active ETFs, both equity and fixed income, that have a seeming chance of doing well. CGGO, CGDV and CGXU certainly have performed well during their shor…
It seems that Hewlett-Packard Packard printers may be purchased with an Instant Ink plan, in essence a subscription obligating the printer owner to purchase ink on a schedule from the manufacturer. It’s sold as a promise to make your life easier. Ho…
The right to bear arms came out of a specific historical context as @davidrmoran’s post clearly shows. The Originalists would have us believe that the reference to militias in the Second Amendment does not inform our interpretation of the text, as p…
It gets worse. WaPo reports that Ginni Thomas also received big bucks that were purposefully paid without mentioning her name. F'n disgusting.
https://www.washingtonpost.com/investigations/2023/05/04/leonard-leo-clarence-ginni-thomas-conway/
Thanks for posting this Levine piece, @Old_Joe. I followed someone’s advice here and signed up for the newsletter, but its length often deters me from finishing. Hate to think I have developed a short attention span.
Here's the WaPo article @sma3 alluded to:
https://www.washingtonpost.com/politics/2023/04/22/ottawa-county-commission/
I'm a transplant to MI, probably live in a bubble, and I could not feel more alienated from what appear to be a large percentage…
@hank: let us know when SCHW or another gored bank is a speculative buy! You keep on making money like that and you’ll be visiting another tax bracket. Best of luck.
@hank: if that's true about Templeton loading up on Union Carbide after Bhopal, he was more cynical than a PM following the "buy when there's blood in the streets" mantra.
Apparently Murdoch is quite fond of firing his headliners, for whatever that may say about the company. My wife could never understand why I disliked Lemon, who I found to be quite incomprehensible.
Brown Capital Management describes their investment approach to finding what they call «Exceptional Growth Companies (EGCs) over a three- to five-year horizon and beyond. EGCs offer products and services that save time, lives, money and headaches, o…
@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…