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.
Can a moderator (for example, Prof Snowball) of an online messaging board (for example, this one) be held liable for violations of copyright law by a contributor? If yes, I'd be interested in being directed to case law in this area.
Other co…
@MikeM After some years of purchasing mutual funds during periods that a manager is outperforming his benchmarks then being indecisive during the often inevitable underperfomance, I've decided that, rather than worry about whether my fund will deli…
@ MikeM I agree that YAFFX would be a good candidate to provide consistent returns with downside protection. However,
YAFFX has underperformed (using my arbitrary S&P 500 benchmark) over the past few years. Assuming newer shareholders hav…
Mr. Gundlach and a friend of mine both formerly lived in the same Buffalo neighborhood. I wish he (Mr Gundlach) would buy the Bills franchise. He'd probably do a much better job than the current bidders.
@Ted I agree, a mix of active and passive funds is best. But, my problem is that the active funds that I choose almost invariably underperform their related indices.
@AndyJ Are there better indices (superior to market-cap) to use "on the way d…
Thanks, JohnChism The Schwab funds look good. The PIMCO funds are often "backed" by some type of fixed income instruments. That's what I like to call the PIMCO "special sauce" which I don't understand but seems to add considerably to volatility
@JohnChism No need for an apology, it happens to many of us (including me) :) Do you have an opinion on the new PIMCO Low Volatility RAFI funds which may use the same RAFI index (developed by Arnott, I believe) as the Schwab funds?
@JohnChism Depending on which Arnott funds you are talking about, you may have not liked them for the past 5 years (March 9, 2009) or so, up until a few days ago.
@BobC +1 Problem is, though, many of these unconstrained/strategic funds/managers/strategies weren't around during periods of substantial interest rate increases. Makes due diligence difficult
@Guido I agree 100%, but would bump your 70% to something much higher, especially over longer periods of time. I use a variety of index ETFs and actively managed funds. Index ETFs for domestic holdings (including REITs) and actively managed funds f…
Most of these portfolios have merit, if one sticks to them for a long period of time and does not get "rattled" during market downturns. I follow discussions on Bogleheads regarding suggested portfolio compositions of investment advisors such as…
My intention is not to hijack this thread, but I've run through these thought processes with my equity fund holdings. In most cases, I've resolved similar questions by replacing equity fund holdings with similar index funds. I may not "hit a hom…
@Scott Not familiar with Bob, so I'll reserve judgment. I don't follow Warren Buffet too closely for two reasons: I don't have access to many of the investment opportunities that he does and, anecdotally, I've heard that his investment performanc…
Has Uncle Art been replaced by Bob Doll on this board? I found Art's platitudes to be not especially useful. N.B. Why couldn't my grandparents think of a "cool" last name like Cashin or Doll? Thanks again, Ted, for your postings.
