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Charles
Thank you sma3! We are spending this summer in northwest again. I have no quiet place I can be before noon eastern (9 am here). Library opens at 9am! I've set up a session for Friday, 2 pm eastern ... posted on board. But, if that does not work, just call me at 805 468 9599 ... if I can pick up I will. Hopefully, can pick a day where you can attended from noon on. Very happy to do! c
@stayCalm. I know. It's killing me. Made mistake of trying to add new ratings based on SubType (eg., U.S. Equity), which has delayed month-ending July ratings! Will post message to board when live ... soonest. c
Just posted ratings update to MFO Premium using Lipper's 28 July data file.
Descent July! If things hold today, I think we're about 1% of getting back above water since beginning of this Great Normalization cycle in January 2022.
Morningstar has never reconciled its Manager of the Decade award for Bruce with Fairholme's stewardship.
Here's its Fairholme Parent Rating "Q" assessment:
"Fairholme has a ways to go to become an industry-standard steward, resulting in a Below Av…
When it came to fame, the 1st decade of century, FAIRX was a much more docile fund ... relatively low vol. That changed in 2nd decade. Good to see the fund and its long-time believers rewarded.
One of the recommendations suggested at end of webinar was for David and contributing writers of the commentary to hold a brief telecom or Zoom session to answer questions about the issue. Perhaps, too, occasionally have one of profiled money manage…
Ha! Yes, 7.6% net gain (0.69 * 1.56) over 18 months ... or, 7.6% per month gain since January if you were lucky enough to apply the strategy.
It's easy ex-post.
All ratings have been updated on MFO Premium site through June using Refinitiv's data drop dated 30 June. Tools include MultiSearch, Great Owls, Fund Alarm (Three Alarm and Honor Roll), Averages, Dashboard of Profiled Funds, Dashboard of Launch Aler…
@Sven.
@yogibearbull.
@Junkster.
Finally had chance to review the "longest bear market since the 1940s" statement in NYT and Barron's. Had several of us questioning.
I believe this declaration works if what's being measured is the time between the…
Posted May inter-month ratings update from last Friday's 11 June data drop ... it actually drops Saturday morning, but is labelled with date of last performance update. The update includes David's latest profile(s) on Leuthold long funds. See Profil…
The 8 June WSJ article mentions:
"U.S. stocks rose Thursday, ending the S&P 500’s longest bear market since the 1940s and marking the start of a new bull run."
That caught me a bit by surprise. Will update this table in July and see if I can u…
Link below from WSJ. May need to be subscriber.
https://www.wsj.com/articles/global-stocks-markets-dow-news-06-08-2023-ef63fc60?st=6qf1dz2migdmgme&reflink=desktopwebshare_permalink
I left my heart in San Fransico.
My kind of town ... Chicago is.
Covid seemed particularly hard to San Fransico. Schwab's departure. Many long-time restaurants closed, including some of our favorites like Parma. Hotel Drisco though remains a jewel…
Granted. Value has lagged. Yes, NASDAQ is up 30%. Europe (STOXX 50) up 40%. Germany (DAX). And BRKA is up more than 20%. So is Japan (Nikkei). Rest of World (ACIXUS).
I just find it remarkable. Despite the skepticism. Russian invasion. China US ten…
The S&P 500 has been generally climbing since October or 8 months ago. Month ending data only has us still 2% shy of new bull market. But if you include MTD, the S&P is up 21%. Yay!
All ratings have been updated on MFO Premium site through May using Lipper's 2 June datadrop. Tools include MultiSearch, Great Owls, Fund Alarm (Three Alarm and Honor Roll), Averages, Dashboard of Profiled Funds, Dashboard of Launch Alerts, Portfoli…
Posted April ratings update from last Friday's 5 May data drop. You will also find two new display periods: Month-To-Date (MTD) and Weeks-To-Date (WTD), essentially YTD plus MTD, for return and drawdown metrics, APR and MAXDD, making them current as…
In early morning hours, we updated the MFO Premium site through March using Lipper's 28 April datadrop. Should be able to use same datadrop to compute performance through April. Will post when live.
PS. March was a good month for BRKA ... up 8%!
All ratings have been updated on MFO Premium site through March using Lipper's 14 April datadrop. Tools include MultiSearch, Great Owls, Fund Alarm (Three Alarm and Honor Roll), Averages, Dashboard of Profiled Funds, Dashboard of Launch Alerts, Port…
Thanks stayCalm! Good catch. The variable name for Alpha Ratings was updated recently for consistency, which messed-up the search. I've added a month to your subscription for the hassle and the feedback. If you see anything else, or have suggestions…
All ratings have been updated on MFO Premium site through March. Tools include MultiSearch, Great Owls, Fund Alarm (Three Alarm and Honor Roll), Averages, Dashboard of Profiled Funds, Dashboard of Launch Alerts, Portfolios, Quick Search, Fund Family…
All ratings have been updated on MFO Premium site through February. Tools include MultiSearch, Great Owls, Fund Alarm (Three Alarm and Honor Roll), Averages, Dashboard of Profiled Funds, Dashboard of Launch Alerts, Portfolios, Quick Search, Fund Fam…
We're about 6 days late, unfortunately. My apologies!
We've converted all of our programs to shared functions, which will ultimately enable faster updates, while helping to ensure accurate calculations. It will even enable expansion of tools.
But,…
