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 have to put in a plug for Honda vans which I have owned continuously since 1999. Way more capacity (i.e., 4x8 sheets of plywood) than an SUV, easy to get into, and no teenager or 20-something kid of mine has ever asked to take my car. As for Mom's…
I have also been reading about the possible SC revival. With respect to the indebtedness of many small companies, I am persuaded by the managers at Distillate Capital, whose SMID fund, DSMC, purposefully avoids stocks of firms that carry excessive d…
We long-term investors all know that what we really need is for a fund company to lock up our money, throw way the key, issue no quarterly or annual reports, and tell us after 10 years or so how we made out. We just don’t recognize when someone has …
Bridgeway Funds, at least judging from their very straightforward and honest shareholder reports, are not renowned for betting the house on a single issue. However, in 2021, the one stock owned by BRSVX that got the fund its outlandish gain was none…
DIVI, VIGI, and CGXU, three international ETFs I track, all list Japan as the country with the highest percentage of their respective assets. FMIJX holds almost nothing in Japan, OTOH.
Investing in lithium stocks or funds seems like a slam dunk, but the ETFs LIT, BATT, and WBAT have trailed the overall market badly. M* rates ALB and LAC as most under-valued, and LTHM as under-valued. Extraction firms face an unusually uncertain re…
I have bad memories of trying to find an apartment to rent in SE MI in 1970. Coming from CT and more recently from Chicago, we were not prepared for the oddly colored shag carpeting that greeted us in every unit we visited. I also recall with horror…
I have been tempted to invest in areas or funds based on valuation analyses, usually to my detriment. EM is the most obvious example. One factor mentioned above is that information is now available to all the market players, as opposed to just the a…
I recall North Korean terrorists blowing up a KAL flight from the Middle East to Seoul in 1987. The apparent motive was to discourage attendance at the 1988 Olympics and to disrupt the South as much as possible. A Korean diplomat (whose sister I wor…
@Old_Joe: thanks for this article. If Toyota do have such a battery that they can make as early as 2027, it does explain the company's apparent foot-dragging while committing to hybrids for the near term. Compare Ford's pushing of "Electric Now."
@msf: I also appreciate your contributions. At times I have thought you ran a research firm with countless assistants at your beck and call. Other than that explanation, my mind could not account for your depth of knowledge. Keep on keepin' on...
The announcement of a passenger list so soon after the explosion would seem to indicate intimidation is at play. No subtlety with Putin, who may have been fearful for his power. "Uneasy lies the head..."
Way back when biotech had really hot streaks, CELG grew so much that it paid for a wedding and still occupied way more than 5% of our Schwab account. Then biotech cooled off and BMY bought the company and screwed the shareholders out of some rights …
I have used TDA and Schwab for almost all the assets that I manage myself since the early 90’s. On occasion, I have bought funds directly (Bruce, Walthausen, Bridgeway, and Grandeur Peak) without difficulty. I no longer hold any of those positions. …
@hank: Page is not the first voice out there talking about upcoming opportunities in small caps. I maintain a healthy exposure to SC, so I hope the predictions come true. I also have been told that some predictions for positive outcomes are contrari…
I also add my thanks to @Old_Joe for compiling these lists. There are now so many charges against DT and his merry band that a gullible person might give credence to their claim that it’s all a government plot to get them. They acted like gangsters,…
@Derf: thanks from all of us for reading those 206 pages. Where would we be without you? I was organizing some files yesterday and almost threw out all my statements from GP, now on the chopping block awaiting the fall of the blade.
@hank: I’ve never built a Treasury ladder and I am loathe to let PLW do it for me. It went to the top of M*’s class by losing 3.76% in 2021, 19.97% in 2022, and 0.99% YTD. It must be a tough racket, that Treasury stuff. How much did the middling or …
@WABAC: I agree that bonds are like children (at least those of my parents’ generation). They should be seen, but not heard. Send the kids off to bed early. Similarly, buy an allocation fund so as not to be distracted by contradictory talk of durati…
@davidrmoran: the article made (im)perfect sense up until this line: "The obvious answer is the end of Long Transitory, ie recombobulation...." Do you really read this crap and understand it? I did read it and I don't understand it. Are you putting …
