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@Derf: They are not equally weighted. These are the new players. I think investing environment changed sometime in Feb or Mar this year. I got rid of those old champs like MSSMX WAMCX JMCGX.... Recruited new players, CSMVX FSCRX FCPGX OBMCX RIVSX AF…
I owned MSSMX WAMCX until the end of the last cycle. I consider them the ex-champ. In small cap space, I own 8 including CSMVX AFDVX FCPGX FSCRX, favorite 3 are CSMVX AFDVX FSCRX. Here are stat from Marketwatch:
1 week 13 we…
It is possible say which fund families is relatively good at certain sectors. Funds performance are heavily rely on concept of fund manager. Unfortunately, mangers come and go, many lasted only 7-10 years. Of course, there are some last and become g…
ARKK is not for investors, it is a pure momentum play. Investor will identify a good stock with potential to put money in. Gambler will have to know when to get in and get out. I started getting into ADNPX managed by Cathie woods 8 months ago, made …
I held AKREX from 7/2016, eventually it was my number 1 holing. By early 2020, I detected weakness in this fund. Started selling in April 2020 and nothing left on 6/29/2020. I know Mr. Charles Akre since the time he managed a small cap fund speciali…
Of course, I remember PBHG, I remember 1987. One day, I will go back to AKREX. As a matter of fact, DOT.COM was not as bad as 1987. I could get out before whole thing collapsed. 1987, no chance to escape, but after all, I had the gain within 12 mont…
AKREX is a very good fund, no doubt about that, specially for those buy and hold and check into it once in awhile. I realized that the portfolio of AKREX is very stable, extremely low turn over. In a way, that is good if the world continues in the s…
Hi Puddlehead,
I agree that we are near the mountain top, but I remember one thing the founder of American Century fund, I think his name is Jim Rogers, said years ago when I was young, don't try to time the markets. He advocated to invest 100% at …
Hi Puddlehead, you may say I am a gunslinger, but i rather call myself as a market timer. I do not, in general, time the markets, it is too hard. I did it earlier this year due to imbalance of greed and fear. When it is overwhelm, too much greed or …
Hi Puddlehead, Thanks for answering my comments. I am a retiree too at age 55 in 2001. I imagine myself as a coach, recruiting a player that can shoot. As long as they can, they are in. If not, out. I closely watch my players. I do not wait for a s…
Hi, I seldom participate the board. I am foreign, so I am afraid my English may be inadequate. I started investing in mutual funds since 1980. Had few loss year, not much. I managed 15 accounts (my and family) at Fidelity, total 6,000,000+. 1 year l…
GASFX was owned by FBR and sold to Hennessy in 2012. Owned the fund from 2010 to 2014. It was #1 utility fund during that time. It was comparable to GLFOX nowadays. Higher expense is only one factor, it is uncertain in the interest rate that make ut…
I own HULIX for LCV for about a yr. Compare HULIX to ARTLX, these are the info.
HULIX ARTLX
ytd 0.14% -1.49%
1 yr 30.97 19.12
3 yr 17.27 12.77
5 yr 27.75 …
Lost $ in 2011. It went from $15 in 2/11 to $10 by 11/11. It is only for the trader , not for the investor. It is one sided fund. When it is good, it is very good. When it is bad, you have no idea why and what is going on. When the market melt down …
FBIOX that I own up 5.22%, ytd 7.79%. FBTCX was up 4.74%, actually ytd should be 7.09%. Price on 12/31/13 was16.92, today closed at $18.12. The same to PRHSX, ytd should be 3.70%. Price on 12/31/13 was 57.8 and today closed at 59.94. ytd results tha…
I compared the performance of these two and followed them daily for few months before I did the switch. I imagine myself like a basketball recruiter, when I find an interesting prospect, I will give them a trial. If it still performs well, then keep…
I switched from SFGIX to WESNX about a year ago and never regretted that.
SFGIX : 13 wk: -0.19%
1 yr.: 2.19%
WESNX: 13wk: 5.8%
1 yr: 14.32%
Both are new funds and have no 3 yrs record.
Remember the first manager for Oakmark fund, Robert Sanborn? A very good manager. That must be in the early 80. He doubled the money in few years. As a value fund manager, at one point he could not find anything to buy. The market kept going up, and…
Bought this fund in early 2010 and sold it when it peaked out in 2011. It made me lots of money. Since then it has been going sideway until recently it is doing a little bit better. As a concentrated fund, it will hit and miss. One year record is no…
Professional money managers are-to me, just like professional athletes. When you are hot, you are in. When are less hot or lukewarm, you are under watched. If you are cold, you are dumped in no time. I believe it has a lot to do with Internet and ac…
Me too. I was amazed by the return and couldn't resist it due to fund manager's credentials: double majors for undergrad from Cal. Tech, double majors for master degree from MIT , PhD from Harvard and medical school at Harvard. Went in 7/1 and been …
