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.
I find M* very useful for doing single stock research, but the website has errors way too often for a major corporation. As I've noted before, your local library may have some of the M* premium resources for free. M* has a lot of very good informati…
What's someone's estimated upside/downside? What's their risk tolerance and time horizon? I think at this point there are a number of energy names where there's more upside than downside, although downside is certainly there. Just depends on how lo…
Thanks for the info, Scott. I see that Fidelity and Vanguard both hold a lot of shares of ELS in their respective real estate funds.
Probably in part due to Sam Zell as chairman. That said, ELS is an example for me of the importance of being intere…
Hi Wilmatt72
Thanks for the question. I learned a lot too, especially from Rono's explaination of why these things run in cycles. Best I've heard.
One additional observation: You'll find some of these funds with significant holdings in trailor par…
As a follow-up, I recently purchased TOLLX (load waived at Fidelity) as a way to gain exposure to global infrastructure securities. I may supplement it with a REIT/Real Estate Income fund at some point. Thank you for the input.
TOLLX is a very good…
I will say this: a rare example of a mutual fund company actually putting out a new product for an asset class that isn't doing well rather than piling on and putting out a new product because it's doing well and a hundred other companies are puttin…
Here we go.
Draghi announced QE of €60 billion a month starting this March through Sept. 2016.
Edited to correct time frame.
....And that gave the market a nice boost for about an hour. Again, QE does not create a sustainable recovery. It bu…
When are things ever certain? If they are, that's perhaps when you sell. I don't know about the whole "Wall of Worry" business (more like "climb the wall of easy monetary policy"), but I do think the "QE tide lifts all boats" business of the last se…
Takes my breath away. He's been living on a diet of Stupid Pills or some such???????
If you make huge leveraged bets, probably not that difficult. The losses that some FX traders had from the Swiss franc de-peg were probably nauseating.
I think the most optimal outcome would be a return to a long-ago normal of 1) You don't have a rising QE tide lifting all boats 2) If you get a 5-10% return in a year, great. 3) A return to realistic volatility, whereas people don't act like the ma…
I wanted to change my insurance plan a couple of weeks ago. Same provider. For some reason, I was stupid enough to think that this would just be a push of a button. "Oh, you want to change your plan, click click, done." I call, they take down all my…
If the good doctor could ever learn how to coordinate his book smarts with street smarts he might become dangerous. He talks the talk but stumbles badly on the walking part.
This. It's a great example of someone who's intelligent, whose writings are…
They should study her. She's probably built up a defense against that Norwalk virus that always happens on cruise ships.
Two, if I was a PR person for a cruise company, I'd offer her seriously discounted long-term rates if she only goes with them. …
@Old_Joe
I think Scott has written about this before. But I suspect there are a lot of young people entering work force today that want nothing to do with the stock market, 401Ks, etc.
There's so many issues at work. You don't have financial educ…
Hmmm, is this going to come through in slightly lower expense ratios? Or just a bigger bottom line for those involved?
I'm guessing more of the latter.
Still long ICE (which owns the NYSE.)
I'm not heavily bearish, but I do believe that the problems that are being ignored by our markets will not be sooner than later. I'm not selling anything, but absolutely believe that I'll get a better pitch to add/add to things if I wait a bit. Aga…
This all will swing around and effect this market sooner than later. I'm not saying sell everything, if anything I continue to own long-term holdings that I'm not selling. However, I say really wait for a better pitch to buy anything you've been con…
Been tough going lately.
Selectively, bears and perhaps value hunters seem to have gotten their wish.
Ted recently posted similar observation, but with respect to sectors:
% From 52-Week Highs
I will be very happy to add to Archer Daniels, which…
Good article. Continues to be a great mix of people with very different viewpoints and some great insights.
That said:
I learned that Mario Gabelli is a "Man of the People" who fills up his own gas tank thank you very much and who thinks all of th…
Express Scripts (ESRX) up today. While people were understandably upset about the Gilead situation (investors and patients) recently, it seems like Express Scripts and other PBM gatekeepers trying to keep costs down are going to continue to be a big…
It's a managed futures fund - a category that has been dismal (in the mutual fund space, not so much the hedge fund space) for a number of years now. All of the sudden Pimco comes out with another one, which has managed to be quite surprising. This …
To turn around and go the exact opposite direction with no rumors or hints in the preceding days/weeks/months is not normal.
To do what they did in the fashion they did it makes me wonder what they know that we do not.
Perhaps...
http://www.zer…
To turn around and go the exact opposite direction with no rumors or hints in the preceding days/weeks/months is not normal.
To do what they did in the fashion they did it makes me wonder what they know that we do not.
Richemont -16% on Swiss index, Nestle -7.5%, Swatch -13%.
Those three names are about 15% of WGRNX.
http://www.businessinsider.com/swatch-ceo-on-swiss-national-bank-exchange-rate-decision-2015-1
Note: priced in dollars if you own the ADRs for th…
Thanks, Scott, for your experience. For HR Block, I thought I could download their software and do my taxes myself, the same way I did with TT. Is that not true? I certainly don't want to pay for data entry that I can perfectly well do myself.
I…
