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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
I'm officially in ARIVX.
Purchased ARLSX too and upped holding in AQRIX.
Here's current fund portfolio, heavy to light:
RNSIX, AQRIX, SFGIX, WBMIX, DODIX, ARIVX, ARLSX, FAAFX, DODBX.
So much for my dream of a four fund portfolio...thanks MFO =).
Thanks fundalarm.
That's great news for this young fund. In fact, I love just about everything about this shop, but I just tolerate its EP. With SFGIX starting to find its groove, perhaps it will attract more attention...the lower the EP the better…
Thanks Max!
Here's why I can't...see yellow boxes:
Your recommendation certainly has high potential, just look at 2009. I like the Matthews' fund family, of course. But I already own a heart-attack fund in FAAFX...still waiting for my 2009.
…
Many great funds discussed in this post.
Glad to see the folks at AQR getting some love. I personally own AQRIX and am increasing my holdings in it today.
Let me add a couple others to the those mentioned so far: BERWX, another favorite on MFO, as…
Hi again MJG. Thanks for good words of encouragement...a lot of this stuff is your doing!
Hey, my bad for not reiterating on this post, but the results presented here are based on life-time only performance from fund inception date, similar to the …
Ha, no, I computed them from monthly returns. Once a year, I pay for the Steele database that goes back to 1962. I always seem to want some measure that nobody is publishing. That said, the folks are Steele are pretty responsive. Here is link to the…
Hi Ted. You are right of course, certainly about the last few months...ARIVX has under-performed. But since inception, it has done OK. Here's M* chart:
It has a good risk-averse manager in Cinnamond, as pointed out by JimJ, and has been reviewe…
Reply to @bee: Thanks bee. Mostly, I hope you enjoy reading the results as much as I enjoy posting them. Very much appreciate your feedback...and learning from your threads as well.
Cool.
But you know, some folks, like Mr. Redleaf at Whitebox Funds, are shorting small caps while going long equities, because they believe small caps are over valued.
That said, I may very well own ARIVX, finally, by tomorrow night...will let you…
Hi Ted. I know what you mean. Eric Cinnamond has 49% in cash and his fund ARIVX charges 1.42% ER. My only defense is that we pay folks like Cinnamond and Redleaf to assess markets and effectively time our investments, as active fund managers.
If WB…
After Shadow's post recently...
Effective after net asset valuation on Friday, January 18, 2013 (the “Soft Close Date”), the ASTON/River Road Independent Value Fund (the “Fund”) is closed to new investors until further notice...
...thinking of getti…
Thanks catch for the book recommendation, The Millionaire Next Door. I like it. Will add to my list and give a copy to some younger folks I know. It reminds me of an interview I heard on NPR a while back, believe it Scott Simon with James Taylor. Wh…
I suspect that BB cares first and foremost about whether the stock is deeply under valued compared to its book and earning potential...the rest is just chaff in his business.
Thanks catch.
You're right, looks like a lot more at news highs than new lows, like 25 times more. The site does not give full list option for the highs, like they do for the lows; otherwise, I would have screened for oldest share class, which woul…
Hi Bud. I missed this and just re-posted...I apologize.
In any case, good to see T. Rowe Price Capital Appreciation PRWCX back on top with David Giroux leadership.
Reply to @Ted: Thanks Ted. I enjoyed it...and will blame MJG for egging me on.
Thinking a bit more about this last post...
There are 9 money-market funds that actually out-performed SP500 over their life times, and 8 these were lucky enough to lau…
Reply to @andrei: Outstanding andrei. I was thinking same thing this afternoon. And, it reinforces the point made earlier by BobC about the WHO.
In 2008, TGLMX was managed by Jeffrey Gundlach, M*'s Fixed-Income Manager of the Year in 2006. Accordin…
Thank you sir, my pleasure. Yes, I agree, there is a very broad mix in the batch analyzed.
Honestly, I'm just scratching a itch started by MJG...hopefully, will not fuss it too much and trust further due diligence will come from the very capable re…
Hi chip.
I noticed that the Archives Pull Down is not working for me on the Discussion home page.
No matter what date I pull up, keeps coming back with Dec 1, 2012 issue. And, Oct 2012 is not listed in menu either.
Principally, my browser is Chro…
That's good. I think you are both suggesting that the surviving funds from this apparent "golden period" may skew the result, since by definition they had to be strong enough to weather the tech bubble.
Just to be clear, all funds in this evaluatio…
Yes, trend continues.
But to help put in perspective, I believe there is something like $18 Trillion in US equities, and $36 Trillion in equities invested world wide.
As for US bond investment:
According to SIFMA, the total value of all outstandin…
Tough to sell short in a bull market...even a reluctant bull like the present.
For example, I think Staples, Inc. SPLS has NO long term future, but I suspect even it it will rally like everything else, if a settlement is reach with fiscal cliff.
I suspect that most on MFO hold actively managed funds, because of the very nature of the site, but thought it would be interesting to ask...please see poll.
Reply to @MJG:
“Investing and soap share a common trait; the more you handle the soap, the smaller it gets.”
I like that!
"Studies demonstrate that nobody has the talent to select future “hot” managers, nobody effectively times the market, nobod…
Thanks Ted.
Makes perfect sense to me.
"ETFs, in contrast [to MFs], give investors the same kind of liquidity that they get by owning individual stocks — they can be sold at any time of the trading day [and without redemption periods/fees] — while…
Thanks Scott.
"He continues to worry about the U.S. debt load, but he doesn't think interest rates will surge anytime soon."
"He also argued that student debt is a major and growing problem in America."
"And as for trades, he thinks now's the tim…
Reply to @Desota: Hi Desota. It was a while back and you were part of discussion: A Tale of Two Fund Giants
Again, the issue for me is the way they prey on unsuspecting young professionals who are trying to do the right thing...save for the future.…
