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.
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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
I, family, and friends actually have been on many of these forms, or levels, of Medicare. It can be complex, but many states have free help for that maze. It's not all that much of a maze, turns out, though I thought a few years ago it might be a cr…
Another pointed summary about Bannon's incoherence:
https://www.washingtonpost.com/opinions/bannons-origin-story-doesnt-add-up/2017/03/20/8f2ef9f8-0d90-11e7-9b0d-d27c98455440_story.html
>> a portfolio of dividend champions/aristocrats/contenders (companies who raise their dividends regularly) and are expected to continue doing so.
Seemed a reasonable comparison request of similar portfolios and construction methods.
>> Of course you don't think some flood insurance policyholders should subsidize others.
Well, of course I do. I mean, we already do. How insurance works to an extent. You know that premiums can be inexact, I am sure. The idea of insurance i…
I am not as strict as you. Many people are not, actually. I am not unhappy with how Fido does its fees, within limits. I think subsidization by the healthy and wealthy is a fine idea for health insurance. Floodplain insurance is not the same; not su…
Oh, that. Basing premiums on how much you will cost. The way floodplain insurance should be. Should healthcare costing be so set, naturally? I've never seen that argument really put forth seriously wrt healthcare. (Maybe by Rand Paul or some such.) …
MDowd NYT has a nice summary of the perils of decisionmaking based on too much TV, and the wrong channels:
... Marty Bannon, who started at AT&T as a lineman, got spooked by Jim Cramer’s advice on the “Today” show to take “whatever money you ma…
Augustana down by 10 at half came roaring back but lost to Babson by 1. (Babson is not really in the same league academically as Williams, Amherst, or Tufts.)
Tufts women are down to Amherst in the first half.
Zags beat Northwestern with some diff…
@msf
I wrote utility, not utility theory. No matter, you can pick at that too.
I suspect we are (again) in some sort of violent agreement. While I know what actuarial cost is and don't see why you would conclude otherwise, my key suggestion was tha…
same victory spread for vikings at the end, so they play babson (mass.) tomorrow night
women's is same time, and all-mass. (amherst-tufts)
go, vikings (hard to root against beavers) and jumbos (easy to root against lady jeffs or whatever they go by …
Augies up 8 at halftime, thanks to Wms heave at buzzer (else 11). I assume these are all students of prof Snowball. Augustana unranked and unseeded at reg-season end. Good game, check it out.
Sure. Mostly self-evident, seems to me. However, I have never read so much delving of healthcare in terms of actuarial accuracy and fairness, and certainly not this sort of delving. It probably would strike experts (and even lay readers) in all the …
Augustana men's bb tonight 7:30, national championship semifinals, against v tough perennial Williams:
http://www.d3hoops.com/seasons/men/2016-17/ncaa-tournament?date=2017-03-17
>> hardly seen a fund actually use it
?? Depends on what proportion and what circumstance, right? FPACX and other FPA funds are famous in this regard, but there are others, Weitz Value IIRC, Delafield a couple years ago, some others; just g…
@VF
>> I am indeed looking for funds that will go cash if manager cannot find compelling ideas to invest.
I do not think I have ever edited / rewritten an mfund prospectus, surely not many, where it did not say that this was a possibility …
>> the average premium over that period of time should be less than the replacement cost. That's what actuarial fairness means.
>> "From a consumer's point of view, an insurance contract is actuarially fair if the premiums paid are equa…
Those rhetorically handy reciprocals.
This seems weak analogizing:
'begrudge property taxes being used for schools if the only people being taxed were those living in even numbered homes. That's what is happening here',
as if in this market cap…
Huh. Must think about this re Bannon. Grover was highly displeased with Swidey's excellent profile, and the conveyed theme of violent cruelty that he himself regularly employs ('going to take government and drown it like a puppy in the bathtub' make…
>> Healthy people did not have a sweet deal, they had an actuarially fair deal.
What does that mean?
>> They just weren't getting gouged.
??
>> The ACA changed that by subsidizing one part of the population (older, sicker) on…
What is especially rich in all of this, plus you can throw in W, is the father-son pathology, neediness, dependency, cruelty, imaginary payback, blah blah. Quite apart from the investment misjudgment.
