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.
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STB65
Is RNCOX worth holding?
After looking at the M* 1 and 3 year numbers on this fund with its ER of 2.22%, I wonder if it's time to give up on it. It was once recommended as a core holding, but I'm not sure it's worth its cost.
Is anyone holding it with confidence?
Decided to go with the CAPE or PE10 slopes and sold most of my recent mutual fund gains while keeping the base positions (probably should have sold more, but I can't make myself leave good funds). I didn't sell the L/S funds, but I may reconsider t…
For a comment worth even less than 2 cents:
Having ridden FAIRX & FAAFX down and finally up and having an AIP for FPACX, I have to believe that the CAPE or PE10 numbers mean something at the current market values, which (to me) is that one shoul…
Couldn't help noticing that almost none of my funds gained as much today as they lost yesterday, which I've also noticed on other occasions when big gains followed big losses. The DOW and S&P both finished at or slightly above previous levels. P…
I used "its" properly here once, but I admit to having felt embarrassed. (I even parenthetically said something snarky like "Yes, that's correct"). It's just the peril associated with having a country schoolmarm who was a stickler on grammar.
We al…
The bond funds were up a penny, but the surprise was WGROX down over 2% while my other small caps were down a fraction over 1%. Then there is DODGX, down about 1.5%. Thought those guys were somewhat protective (oh, yeah, I forgot about 2008).
Seems entirely logical, but I've said this before.
Only reason I buy bond funds is when I think they will diversify into foreign markets or are "go anywhere" funds, essentially seeking capital gains or safe high yields.
If one's porfolio is large e…
I admit that I didn't read all the links, but I did read the initial "editorial."
I'm pretty sure that I will be paying taxes on my SS, whenever I decide to finally collect it, and I haven't favored any tax cut since the first one by Ronnie R, and I…
"The definition of insanity is doing the same thing over and over and expecting different results."
I know it'll be different this time.
Please, Ted, pick me a few good indexes. There must be some advantage to fragmentation, even without active man…
Perhaps I'm out of date (no surprise), but I thought Vanguard had the least costly annuities of the major firms, (This is the time for any posters with good recent data to advise me otherwise - I'm getting a bit old) and I was planning to use them …
After reading the link, I assume this was posted to show what Jerry Springer's audience was posting during commercial breaks.
I don't think one needs to use the verb "painted" about Rand Paul. He may not be "an obstructionist nut-job", but not every…
What is the mechanical explanation for that last sentence? I can understand that driving an engine beyond its performance parameters may cause it to blow up, but the sentence seems to ignore a cause and effect relationship, implying that it runs "be…
As a city attorney in a boom town told me when I was on the city council "tenements are the cheapest form of housing." .
This is the perfect business model really: buy cheap, invest the minimum, do the minimum, depreciate whenever possible, sell to …
Thanks to whoever initially mentioned PMHDX on MFO. Its M* chart is far better than WBMRX. Everyone may regress to the mean, but look at the 2008-9 slopes, and it has even beaten the S&P at times lately,while WBMRX ranks 41%tile for the year in …
Well, Cinnamond had a longer mutual fund record at other places than TDVFX seems to have. He finally is positive, fortunately for my son's IRA. GRT Value was negative for the past year according to their latest letter. Those principals had strong pa…
I wish Grundlach had selected a few funds or bonds in which I might invest, if there are 8% yields out there. Guess that's why I invest in his funds - hoping he is correct and can make much more than his ER. The rest of this is so far off topic that…
While I have invested in SIGIX from almost the beginning (account number under 20), I have had much better return from the Grandeur Peak fund(s) perhaps because they are more small and microcap oriented. I added to SIGIX when it became available on …
Shifted to GPROX largely because "it was the fund we always wanted to run" or something similar, and it would have a smaller asset base and I thought a somewhat broader mandate, so one wouldn't need to decide which sectors were out of favor, if one …
I got in early with SFGIX (my account number is under 20 - never been that low before) and I've made $20 - up less than 1% on $2500. (Not a lot of $$ in, but I also put my son's 401K in , and I have some non-403b money in a private account.) Bough…
OK, I'm confused as usual, here. The only 20 year fund I see is TPINX and it doesn't seem to rate "5"s across the board. DREGX looks very good for 10 years and Kiplinger touted it this month.
Have you a chart limited to the "70 or so" 20 year Great …
Bought Wynn Macau and Nestle from the last video posted here and sold his fund. Worked out well so far. KO does has a 3% dividend. Might be worth a flier mid-week, after checking out market direction. Richemont yields 1%; little protection even thou…
i know I'm missing something here, but "Thank God for Janet Yellen" would have been my title.
I agree that the current events are not how democracy should work, but Themosticles was banished and Socrates was condemned, so Sir Winston was correct tha…
This may seem off topic, but the Republican resistance started with their distaste (or the perceived, or perhaps induced [do some of these people think linearly?], distaste of their base) for the ACA, which was a flawed attempt to bring this nation …
I agree with the gold agnostic article that selling gold now would send a complex, probably unsettling message, and there's not that much of it anyway. OTOH, if the proceeds were used to buy US Dividend Aristocrats (a patriotic drum roll and fife tw…
Despite having been burned a few times by not having bonds in funds for relatively short-term needs, such as college tuition, I can't see the logic of even a small bond percentage for someone 15 to 30 years from retirement, regardless of expert opin…
While I admire an octogenarian who hopes to work another 30 years, I would go with a good team or ayounger competitior.
Gaffney and a bigger stock allotment should win the short race. I suspect Mr. Fuss has no long race.
Can't argue with the costs and the ratio of world vs US seems right. May not have enough EM exposure, but the quants may select large companies with good EM components. Based on my Tweedy-Browne hedged vs unhedged performance, unhedged has won for t…
First. The people running the health funds have more time and access to insider information than we do to invest. The funds will probably do fairly well; there is a lot of business to be done.
Second. The law is less than ideal because it was not bi…
I realize one doesn't want to lead the audience too much, but those of us who have relatively little time to examine the multiple offerings on MFO could benefit from some rating system for these posts of the importance the poster attributes to the p…
Nope, didn't know the questions were from different people.
Didn't sell either, but didn't add more. Held D&C, too.
Still, I respect the guys who do well and 'fess up' at times more than the ones who ignore mis-steps. They will continue to coll…
I lack the technical ability and intellectual capacity to compare L/S funds against BBALX (for what looks like a good example); but, considering the ER of most L/S funds, how compelling are the L/S funds? Druckmiller's comments are frightening; he'…
I think I'd have respected this interview a bit more if Nygren had said that his biggest mistake was buying so much WaMu vs not buying enough Apple. This would seem to meet his desire to not lose his investors' money being more important than his co…
Read the post on SPIVA. Buy the cheapest large value index fund (presuming you are in for more than 5 years) you can find. Move when you find something cheaper. Try to ignore all the noise.
Thanks, MJG. Next downturn, I'll put some onto large cap value.
Currently, I'll add to emerging markets.
So far as the Pony Express is concerned, if he's so smart, where is his multi-billion dollar mutual or hedge fund? Maybe he has trouble selecti…
Counterintuitive, yes. Logical, entirely.
I really need to see if anyone convincingly rebuts this. If you are underfunded for retirement and have to take risks, this isn't your aproach; but, for adequately funded individuals, it makes sense. It did…
Correct, of course.
Dodge and Cox did it to me, as did Tilson Focus (gee, "former hedge fund manager" and Kiplinger columnist [I think] - should be prudent, right?). Oakmark Select was already gone with WaMu.
Of course, I'm still pursuing the lepre…
