For 10-yr, (1.1301/1.1150)^10 = 1.1440, or 14.40% difference in final value.
For 15-yr, (1.0987/1.0743)^15 = 1.4006, or 40.06% difference in final value.

To say “Over 10 years, it leads DODBX by only 1.5%” annualized and assume that is a small amount I would suspect misunderstands the power of compounding. But I haven’t done the math in this case.

For 15 years PRWCX outperforms DODBX by 2.44% PER YEAR, that's a substantial difference.
9.87% vs 7.43%.

One of the things I’ve noticed on MFO Premium and Morningstar results is anything with technology held up well in 2020 and has skewed volatility rankings when searching for something less volatile lately. It’s probably skewed things for 10 years, but doesn’t look like it will work going forward if this trend continues.

:(

PRWCX down -1.16% today.

I don’t care if PRWCX is up or down. Just tired of Giroux being worshiped at the alter!
Over 10 years, it leads DODBX by only 1.5%. The gap has been narrowing for a year or more. And DODBX did slightly better today.
10 year performance from Lipper as of yesterday:
PRWCX +13.01%
DODBX +11.50%
Not to trash PRWCX (I own it). Just don’t believe in hero (or fund) worship.

I have not been paying attention (again). Somewhere in the mid 2010's, Janus' INTECH funds dropped the INTECH part of the name. There are at least four remaining Janus Henderson funds submanaged by INTECH. Their status is now apparently in limbo:
The current supplement to the prospectus of those funds reads in part:

Janus Henderson Investors US LLC, the investment adviser to the Funds, and Intech, as the subadviser, are assessing options with respect to the continued management of the Funds and will announce to shareholders any proposed changes regarding the Funds at the conclusion of such assessment. Intech will continue to provide subadvisory services to the Funds in the interim.
https://www.sec.gov/Archives/edgar/data/277751/000119312522026446/d306619d497.htm

:(

PRWCX down -1.16% today.

If a mutual fund drops by a big surprising amount, one should look for possible distributions. But that didn't apply today. Here are some large declines in LC-growth mutual funds today:
IALAX -6.49%
MSEQX -6.40%
TRBCX -5.40%
FCNTX -5.23%
etc
Compare: SP500 -2.44%; Nasdaq Comp --3.74%, Nasdaq-100 -4.22%
Some of these losses may be recovered tomorrow as futures and after-markets actions are very positive following AMZN good earnings news.

@sma3…. I agree that the duration of WWINX is all wrong for the near future. My current non equity holdings have a duration of about 1.5. Just short tips and bank loan funds. But if I let the equity allocation drive any one fund solution then duration will be too long. The price of simplicity I guess.

Mr. Giroux’s 2nd largest holding, Amazon (AMZN), is down 7% today. (Maybe in sympathy with Facebook?) Lipper lists AMZN as 5.5% of his portfolio.
“Too smart by half” is an old saying that might apply. :)

AMZN is up 15% in the aftermarket following earnings...

I use almost exclusively Apple products. I have had no performance issues since 1986 when I bought a Mac+. Currently I am using an 11-yr old MacBook Pro that is slowing down when web surfing but the new model(s) have no issues. Yes, I finally upgraded.

I agree VWINX is a conservative choice that has been hard to beat, but with stocks at an all time high (VWINX PE is 15) and interest rates so low ( VWINX duration is 8) , both of these allocations may be bad places to be in the near future. In the past the bonds have saved VWINX during market crashes. Maybe not so much in interest rates shoot up
Most people who are left with money to manage without any experience or interest should probably hire someone, even if it is expensive

I think golub1 is correct. The only way to get there is to build your own. But it sure would be nice to have 1 well managed international balanced/allocation fund doing the work for you.
Still unbelievable to me that a 60:40 balanced type fund using international equity and international bonds exclusively doesn't exist. Seems like that would be something easy for Vanguard to market using their index funds. Would it ever match PRWCX? Oh I doubt it, unless that cloning Giroux thing hank mentioned pans out.
A few very good world or global funds mentioned in this thread seem to be the closest thing available.

Vanguard does offer the Global Wellington fund.
The fund invests in international equities and international bonds.
Its allocation is approximately 65% stocks / 35% bonds.
Edit: You were referencing international balanced funds but I provided a global fund.
My mistake!

Buffett’s original advice (quoted by @bee) was initially offered 8-10 years ago as I recall. Go back and check the major indexes than (much lower). But I won’t dispute that he probably still adheres to the recommendation made when he was a youthful 82 or 83.
And we did “bat that one around” quite thoroughly here 8-10 years ago when it was first announced. Geez - would have been sometime in the first 2 or 3 years of MFO’s existence. Thanks @larryB for posting the question. All of us can reflect / learn from this.
For continuation of thread …

Gentlemen: Thanks for the thoughtful replies. As far as using WB as a model that has to be a non starter for most seniors. A 90 % equity allocation ? Everyone has a different set of circumstances. As for us, our withdrawal rate is essentially zero and I have no need to maximize returns. I do, or will have a need to simplify our already simple portfolio at an equity position close to our current allocation. Thanks again for responding.

Powell referred to the yield-curve, and especially to the 2Y-10Y spread as being "normal". That spread was only 72-76 bps on the FOMC days. The spread fell further since (i.e., yield-curve flattened further, as it has been since mid-2021) and seems to have stabilized at 62 bps. It won't take a lot to invert it.
https://stockcharts.com/h-sc/ui?s=$UST10Y-$UST2Y&p=D&yr=1&mn=0&dy=0&id=p63701978388

+1.

M* JR has an article today on falling dominos: ARK, SPACs, meme stocks, SC-growth. Next? Some LC-growth. https://www.morningstar.com/articles/1076351/the-stock-markets-dominoes-are-falling

Thanks, YBB for your reply. I'm mutual funds or ETFs only retiree. I just completed the 14-day full access trial phase & considering a subscription for one Yr. I thought it Updates as daily data and now forward-looking data is for only with Paid members! but wasn't aware that it's Monthly data only for any tickers! Thanks again.

Thanks for all the data @bee. Since you quoted my humble words, I want to add here:
1. I’m not Warren Buffett.
2. To roughly paraphrase Christine Legarde today, “I don’t make unconditioned statements.” So note that I began my response saying “Depends so much on somebody’s situation.” In Larry’s case that would include (among many other factors) the age and health of his spouse as well as his legacy planning.
Aside from the above, Warren Buffett is the “perfect” investor to quote in this thread. Two ways to view it: (1) At 91 he himself may be in cognitive decline and an unreliable source or (2) at 91 he’s testament to our ability to continue making good decisions as we approach the century mark. I have a friend who’s 92 and her mind is sharp as a tack. Unfortunately, it’s the other parts that are giving out.
Would love to hear others debate the pros and cons of Buffett’s advice. All ears.
BTW - Most fiduciaries today allow seniors to designate a responsible individual to make decisions for them in the event their cognitive abilities fail them.
https://www.cnbc.com/2018/05/15/advisors-are-asking-their-clients-for-a-trusted-contact-choose-wisely.html

I charted three approaches:
100% VWINX (larryB Portfolio)
90% / 10% VFINX / VFSTX (Bufffet Portfolio)
100% PRWCX (Moderate Allocation Fund)
If we are at high valuations VWINX would provide the best downside protection, but over the long term not the best choice for capital appreciation.
I tend to like the historical performance of a fund like PRWCX. Historical performance doesn't repeat , but I tend to think it rhymes.
1988 -2022 (starting with $100K and a 4% WD rate):

200-2022 (from Tech High) (starting with $100K and a 4% WD rate):