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.
"Your kidding right? My wife could beat these returns! with no help from me and her own picks from 5 min.looking over Funds! "
It becomes what is the purpose of these funds. Is it to hit home runs every year and take a lot of risk or is to try and …
When you guys treat physical gold as though it has a value greater than paper are you implying that ultimately there are two totally independent pricing mechanisms hidden below the price?
I suppose the idea is that there is "financialization" of e…
Sears considering forming REIT to help liquidity:
http://online.wsj.com/articles/sears-considering-forming-reit-to-boost-liquidity-1415362718
Same store sales down again but not quite as bad as expected. Says looking to push towards a smaller, "as…
LONDON, Nov 07, 2014 (BUSINESS WIRE) -- Intercontinental Exchange ICE, +1.15% the leading global network of exchanges and clearing houses, today announced that following an extensive selection process facilitated by the London Bullion Market Associa…
I guess the thing in terms of CEFs is that, if one were to go buy physical, you're paying a premium from the dealer. CEF (which is gold and silver) is still trading around a 10% discount to NAV. If you believe that there will be a rebound in the met…
The "paper gold" far exceeds the actual bullion that has been mined. Some feel if things were to go bad the holder of the paper might default. If there was a run on GLD next week, at some point someone would have to come in and either bail them or t…
I went to Publix for Groceries, they wouldn't take Gold as payment, but they took my Stock dividends (cash).....just saying
Just saying what, that Publix does not have scales and an effective hedging strategy with the CME to transact in gold? This "…
Indeed, bullion ETFs are purely PAPER bullion. CEF is an exception - or Sprotts stuff.
rono
Rono or any MFOers,
What are your concerns with what you are calling "PAPER bullion", such as GLD?
You're not doubting that shares in GLD are backed b…
What about Sales/profits?
You mean the enormous losses from wrecking the core business by doing just the bare minimum so that the stores on said "valuable" real estate don't fall apart completely?
My question then is, if this property is such a goldmine worth billions and billions, why is there no other interest besides Berkowitz?
That's my question as well. The other thought that I've had - especially at this point - is that why not just tak…
I wonder if that helps somehow against front-running?
I don't know, but this really does shape up as an interesting battle with Berkowitz and Lampert (and some other noteworthy odds and ends, although no one to near the degree that Berkowitz has) on…
Do you know why the sale?
59,800 Indirect Sale at $36.54 - $36.61 per share. 2,187,0002
Dunno. He sold and bought about a month and a half ago, as well.
Oct 13, 2014 BERKOWITZ BRUCE R
Beneficial Owner (10% or more)
50,000 Indirect Purchase at $25.…
I'm not. I don't have anything against it at all, but personally I have ideas I'd rather explore in terms of stocks and continue to get that dividend income. If I were to buy metals, I do think CEF is a tremendous deal trading at a 10% discount to N…
"He's much less kind to Amazon (AMZN -1.2%), asserting the company's latest numbers are especially disappointing since they suggest the growth used to justify a dearth of profits is slowing, and in doing so is yielding higher losses.Einhorn: "One of…
The interesting sort of side note is Post Holdings, whose famed CEO is a huge HLF holder and who hired away a positive HLF analyst. POST is down quite a bit - I don't think there's any HLF holdings in the company itself, but that's sort of an intere…
If someone can explain to me how this shift in Washington may impact the economy and thereby help me make better investment choices going forward, I'm eager to listen. So I wouldn't close the thread as long as it remains civil. There will be economi…
@JohnChisum, you're right about the aging question. Japan is probably in the worst shape of the whole world in terms of aging but much of the rest of Asia is not.
I don't own it, but Parkway Life is a healthcare REIT with hospitals and other fa…
Republican wave. Maybe a full tide. I'm going to go vomit now. But Big Money will be happy. I suppose our portfolios will benefit. Of course, many of you others will actually welcome the news. Understood.
It'll just be the same end result of a remar…
Well, at least GTAA did not fall during 4 years (it hugely underperformed other global funds). But his new global fund GVAL plunged down 13.5% during the first 8 months of its life. I do not know what is wrong with Meb as a money manager. Having his…
I like Faber's writing very much, but GTAA was underwhelming. Correct me if I'm wrong - I've only briefly skimmed the prospectus - this fund does seem like GTAA v 2.0.
I should have mentioned it would be in an IRA. No K-1 that I'm aware of.
CTF is trading at a nearly 20% discount to NAV.
Some have suggested it should be restructured:
http://seekingalpha.com/article/2569765-nuveen-long-short-commodity-total-retur…
A good idea. Any suggestions for a diversified commodity managed futures ETF?
Be VERY careful with any of the futures ETFs, as many/most of them end up resulting in K-1's. If you want commodity futures, I'd go with a mutual fund instead, such as one…
@ Charles - I suffered similar fates as you described, with some of the attending emotions, until I happened upon dividend growth investing and incorporated it into my plan. Now, for the most part, I don't care what the market values my holdings at …
I'm long a very small amount of MBLY.
Absolutely not the kind of thing I usually go for, but the product actually serves a real need and they hold a majority of the market share.
http://www.bloomberg.com/news/2014-09-03/mobileye-gains-as-morgan-st…
Is anyone aware of any funds or ETFs focused on Asian healthcare?
EMDD and ECON are EM consumer names, but unfortunately offer little (EMDD) or nothing (ECON) in the way of healthcare. Abbott Labs (ABT) in the US is a very boring way of playing hea…
" but I do have difficulty understanding why these folks seem to believe that they have a right to introduce intentionally derogatory labels into an otherwise civilized conversation. I've long noticed that they also seem to have difficulty understan…
Great quarter, good place to be (long-term, I do think the exchanges and some of the asset managers are worth a look, like TROW and maybe WETF (but not up 20+%), decent dividend (I figure around 2% at current levels), but over 20% higher seems rich.…
@Scott Well said. I was told a story about Buddha a while back, which is simple but illustrative. When asked about how Buddha can be completely undisturbed after an
angry man kept throwing insults at him every day, Buddha said -- I choose not…
So Scott, if you got something actual, let everyone know.
msf, sorry for misrepresentation.
I was merely adding a little lightness.
"I am sure he must have been wrong at some point."
"So read the links. Or not. I would sugg piping down if you …
That "left wing do-gooders" crack has been kinda sticking in my craw. Personally, I'm completely agnostic.
Uh huh. This board is so left wing it's
http://simpsons.wikia.com/wiki/The_Leftorium
But so what? I don't care either way.
Ted said somethi…
Therefore, in one sense Krugman is wrong when he delays any possible cuts into the future.
Saying Krugman is wrong? How dare you! Davidr (or should I call you Paul?) will be happy to inform you via a Ted-like number of links about the wonders of K…
Again, I'm all for different ways of investing.
Personally, if I own something, there's a thesis/theme as to why and the intent is long-term with reinvesting dividends. I don't set stop loss from the standpoint of the only reason why I'm selling i…
This article goes into workplace use of wearable tech. They don't mention the obvious though, the ability to track employee locations and movement. Privacy issues?
http://www.entrepreneur.com/article/239114
There has been much discussion of the "in…
This "stuff" is more thrilling than the rides at Ohio's Cedar Point. 'Cept, at Cedar Point; one does know when and where the ride will end.
The thing really becomes you have a country that has to import just about everything (I've looked up the n…
I don't think the markets will react much to the elections. If anything they will look ahead to 2016 to see who will replace the "emperor" although it is still early for that.
I'm starting to have a feeling it may be the empress in 2016. The fact t…
