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.
Thanks, Ben. I'm in good company with those two!
NOT for publication: I have a couple of pairs of very old Jocky boxer shorts with "paramecium" prints (really a Paisley pattern, I think). My favorites. :)
OJ
@hank- Well, my aviation credentials don't extend to multi-jet engine aircraft, so I'm reluctant to comment on an area in which I don't feel qualified. I will venture this, though: from the comfort and safety of an armchair it's pretty easy to disse…
@BenWP- Well, if you can't be as cool as Catch, you can be cool with links.
Very easy to do:
1) • type in your link title: VanEck Vectors Morningstar Wide Moat ETF
2) • use your mouse to "select" (highlight) that title.
3) • Go up to the top o…
Boeing Didn’t Make Any Commercial 737 Sales in March
The Wall Street Journal is reporting that Boeing didn’t book any commercial orders of its 737 jetliner in March, the first month without a sale of the aerospace giant’s best-selling aircraft in a…
Angle-of-Attack Vanes
The "vane" itself is a small wing-like airflow surface. Airflow passing this vane causes it to deflect and rotate in one direction or the other. Internal sensors detect and measure this deflection, which then becomes a ra…
And now this, from a current article in the San Francisco Chronicle:
The pilots of Ethiopian Airlines Flight 302 performed all the procedures recommended by Boeing to save their doomed 737 Max 8 aircraft, but could not pull it out of a flight-syste…
Wait... wait! I guess that "one party" figured that they need a bit more practice before tackling SS...
Attorneys General Sue Trump Administration Over School Nutrition Rollbacks
Here's a report from NPR:
A coalition of state attorneys general is…
Now that you guys have sorted all that out, maybe you can help me figure out what being a "Gold Priority Investor" at American Century might mean in the way of anything remotely useful.
Considering the information in the final five paragraphs of the above Washington Post report, I find the headline for Ted's "The Closing Bell" to be quite ironic:
Dow Rises 100 Points, Led By Boeing
Washington Post Article, Part 2:
A spokesman for the FAA declined to say what the agency has learned about the source of the erroneous data in the crashes. “We continue to support the NTSB on both ongoing investigations,” the spokesman said, referr…
A massive current article in the Washington Post is providing many new details of the 737-MAX situation. Following are selected excerpts from that article. Unlike my previous posts here, I have not attempted to edit these excerpts for brevity becau…
@LewisBraham- Right on, bro! But let's be fair to the "one party"... it's not as if they are amateurs trying to gut Social Security... look at all the time, work, preparation and practice they've put in on Obamacare as a warmup.
@Rono- Your post prompts a reprise of my comments of November 2018, after the first crash:
"Let's make some major changes in automation, allow the aircraft to override pilot control during critical maneuvers, and let's not tell anyone about all of …
Pilots Split Over FAA Chief's Claims On Boeing 737 Max Training
An NPR business report today describes a disagreement between the FAA and a major pilot's union regarding the much-maligned Maneuvering Characteristics Augmentation System (MCAS).
In …
Lou Rukeyser was a mentor to many of our cohort. To this day I can visualize Frank Cappiello mournfully shaking his head at the perceived foolishness of some element of "Wall Street", and predicting some imminent disaster or other. I was also fond o…
"There would be a modified version available to online subscribers"
Maybe so, but this WSJ subscriber can't find any version, "modified" or not. They seem to have "modified" it right out of existence.
"the rest of the portfolio can be more aggressive since you have given yourself time to recover any market-drop loss"
@MikeM- Yes, that was the way I looked at things also. While working, our "cash bucket" was mostly insurance against a protracted …
@MJG- You've just touched on a subject that has been a bugbear of mine for many years: the inability of some persons to simply say "I don't know". For whatever reason there seems to be a whole lot of people who would rather waste everyone's time wit…
@MikeM- Your way of looking at the situation is very similar to mine. But I have to concede that @hank has a couple of good points too. We've been told that we could have done much better over the years had we not been so conservative. Probably true…
@hank- Yep. I wonder how many more roaches will be crawling out of the darkness? Sounds like all hands thought that a "cheap and dirty" 737 rework shouldn't be a big deal. How "cheap" it will turn out to be remains to be seen. But "dirty"? No questi…
Yes- and when I checked out all of the best long-term performers it turns out that virtually all of them are closed to new investors in one way or another. That's a good thing for those already in, and I have to admire the various funds for that.
Following are selected excerpts from a current comprehensive article in the Washington Post:
More than five months after a brand-new Boeing 737 MAX 8 commercial jet went down in Indonesia, the manufacturer is still working on a software fix for th…
