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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
Tough day...base metals (slammed), precious metals, industrials, financials, tech, most bonds...at least energy stopped falling, today anyway.
Light volume, if that's any consolation.
An opposing view, if you can stomach it...
http://www.alphaarchitect.com/blog/2014/11/17/does-doubling-down-work/#.VG0iofnF_5M
I do like Wesley's description of window dressing...
Under the pressure of career risks, mutual/hedge fund managers tend…
Thanks man.
Interesting to see an exit from COP and PSX, while establishing position in XOM.
From what I've seen, XOM is surprisingly less correlated with oil price than I would have thought. While APA, on other hand, is hyper correlated.
Hard to…
Good stuff bee.
Hey, attached is link to spreadsheet of SP500 companies by state (HQ resident in UsA)...
https://docs.google.com/spreadsheets/d/1zQLGEjAd-gf19k5eMr46im_wsg19zahFd1pNOcO6ssE/pubhtml
or
https://docs.google.com/spreadsheets/d/1zQLGE…
Hey. it only took three days, but M* status of my 1 star fund is now current...
Although I would have thought Friday's jump should have earned it a 2nd star...
Sorry man.
Here's our forecast for the week...
Although honestly, we need the rain.
One day, a great national project. Move water from anywhere in the country (or maybe the continent) from places that have too much to places that have too lit…
Really cool.
Hey, Powers of Ten has been a favorite of mine for years. Believe it was Professor Philip Morrison that first introduced me to it.
Thanks!
I think this is good news.
Been worried actually that daily reporting for active ETFs puts them at a bit of a disadvantage to traditional mutual funds that require only quarterly reporting of holdings.
Thanks Brian (and Ted) for calling to our att…
Investment gains in 2014 were partially offset by a third quarter after-tax other-than-temporary impairment charge of $441 million related to our investment in Tesco PLC common stock.
Interesting day for couple issues, like SHLD.
Oil continues to recover.
Lighter volume, maybe cause of holiday weekend.
Actually, nice to have a week without volatility...
It's the worst. Drives me crazy. I've complained to them about it, but as usual with M* never seems to do any good.
You're absolutely right. It's Saturday morning and M* still showing FAAFX, which is in my portfolio, at Thursday's close.
@Maurice.
Sounds to me it is the volatility associated with Fairholme Funds that has made you wanting to seek alternatives.
FAIRX this decade is certainly more volatile than FAIRX last decade.
Serendipity or change in style?
@Maurice.
Maybe it is time to sell.
What other money managers do you think will make more money for retail investors than Bruce Berkowitz, over say 3-5 year period?
I'm almost afraid to ask... =).
@Scott.
Berkowitz was buying Sears over the last couple of weeks and that is probably not reflected - that may have contributed.
I certainly liked the result today.
But it almost seems like insider trading, no?
The bottom line is that if you want the convenience of a supermarket, you'll either pay a transaction fee for it, or pay an ongoing fee which could easily cost you more. And if you buy direct, don't buy a fund that can be purchased NTF at a supermar…
I enjoyed great interview with TTFS Portfolio Manager Minyi Chen at the recent M* Conference. I'm not a fan of AdvisorShares, so I was skeptical going in. Hope to have a profile on TTFS soon.
GE had an especially good day, which is always nice see. Lately starting to look at GE as a sort of forward indicator for world development.
HCP retreated 3% after reporting strong earnings yesterday. I picked up more.
OAK and HCP now my two bigge…
