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Personally I don't think you need an advisor for college investing.
West Virginia's Smart 529 Select Plan is using DFA as the investment managers and funds.
http://www.smart529select.com/cs/Satellite?c=Page&cid=1150848439567&page…
Good story on the Yacktman Fund Family from a year ago if you missed it...
http://finance.fortune.cnn.com/2012/12/13/yacktman-don-funds/
What's also exceptional is Yacktman's dedication to his family. Six of his seven children have followed him fro…
MAPIX has substantially more developed markets exposure than MACSX and SFGIX and so that's why it's up more this year. Take Japan as an example which has done great this year and in which MAPIX has a sizable allocation to.
2 very good EM funds w…
Tweedy Browne has also produced a study on this topic ---
http://www.tweedy.com/resources/library_docs/papers/TheHighDivAdvantageStudyFUNDweb.pdf
So with that they also have a Worldwide High Dividend Value Fund.
And of course I also like the Va…
An interesting SPDRs etf is WDIV (SPDR® S&P® Global Dividend ETF) but barely noticeable on the radar with only $10M in assets.
https://www.spdrs.com/product/fund.seam?ticker=WDIV#
Fact Sheet
https://www.spdrs.com/library-content/public/ETF-WDI…
I guess what I mean is that he is back to ramping up his MF managing action with the new fund family he's starting because he sort of semi-retired so to speak by trimming down his bread and butter funds he used to manage and down to only 1 now (Legg…
I'm just going to keep the Grandeur Peak Global Reach Fund which will have a sizable chunk allocated to EM stocks and overlap quite a bit with what's in the EM Opportunities fund.
Picking a good Micro-cap stock is tricky though and you have to be really really patient.
I don't think OBMCX would be something for me - extremely streaky. 5% annual returns the past 10 years and since 1998 to today - about 15 years - the Vangu…
GMO’s Inker Sees Losses for Stocks in Coming Seven Years
http://www.bloomberg.com/news/2013-11-18/gmo-s-inker-predicts-losses-for-stocks-over-seven-years.html
davidmoran: Doubters of Romick and his colleagues should ponder Tillinghast over his many decades (oh no, too big, how can he thrive and continue to find smaller and midsized companies, etc.?)
- David, I wouldn't say doubting his ability but quest…
Sven: "The risk profile of Steve Romick's fund is the opposite compared to Bruce Berkowitz's FAIRX. Many investors (I believe these are hot money) left FAIRX during 2008 bull market after FAIRX lost 30% and another 33% lost in 2011; and fund went fr…
Reply to @scott: People thought the same thing too about North Face a few years ago as just another short-term name-brand high-priced fad but it has really done well over numerous years. They continue to get exceptional reviews despite being price…
Reply to @scott: Lululemon appeals to the upper-middle and upper class who need to look great in fashionable high-priced stretchy clothes when they attend their 3-5x per week Yoga and Pilates classes in affluent or trendy neighborhoods.
Supposedly…
Thanks for that!
Also this recent thread is somewhat related around this topic.
http://www.mutualfundobserver.com/discussions-3/#/discussion/8651/weitz-to-yacktman-hold-cash-as-managers-find-few-bargains
I'll piggy-back on my own thread but with respect to stock-oriented funds - who has started the re balancing process in light of the fabulous returns ytd? I am now or very soon will take steps to start re balancing or in other words trimming some p…
Q&A very recently with Steve Romick...
Stipp: I want to talk to you about the strategy of the fund and the fund operations itself. Your fund has seen pretty tremendous growth [in assets] over the last five years. Has that changed at all the way…
New brochure for PQIDX also just came out featuring the new management team:
https://investments.pimco.com/MarketingPrograms/External Documents/Dividend_and_Income_Builder_Fund _Overview_PO4086.pdf
Reply to @Charles: Why not? For many years or decades the US have been quite vocal in telling the Emerging Markets to get their act together but for the past 5+ years the tables have been reversed. Are we too arrogant and proud to take a bit of o…
But smoking isn't an illegal activity. We make a big stink about those that overstay here and work illegally and label them as law breakers and so forth. So I don't care if a Fund Manager smokes or spends some weekends at the Gun Firing range or D…
Jordan Belfort: Confessions of the Wolf of Wall Street
http://www.telegraph.co.uk/news/features/3635727/Jordan-Belfort-Confessions-of-the-Wolf-of-Wall-Street.html
Wall Street Escort Wishes She Could Tell Clients: "You’re Really Small And You’re Bad…
Reply to @Sven: Yeah but I would say that most that are doing better than the EM index YTD are only doing a tiny bit better so far this year. For example - an EM fund that a lot of investors have liked over the past 5+ years has been the T. Rowe Pr…
CEFZX is different than FTEMX --- CEFZX is a pure EM stock fund but FTEMX is an EM Balanced Fund, that's why it was never mentioned. Noticed that David Snowball mentioned the following:
Still Fidelity Total Emerging Markets (FTEMX) has made a reall…
"One historic fact about MAPIX is that it has not had as extreme a downside of other funds in the emerging markets."
-Yes, consider that MAPIX isn't as pure of an EM fund as many others. It has considerable allocations to Asian *developed* markets…
The Matthews Emerging Asia fund also seems to like the consumer story:
At Matthews, we aim to introduce new strategies when we identify compelling investment opportunities in the region. This led us to launch a fund focused on Emerging Asia, which r…
I had also made a couple of posts in this thread that talks about Vanguard's unique structure --- the Mutual Fund investors collectively also make up Vanguard's ownership. Therefore why would you raise fees on yourself? They're not trying to raise…
Reply to @STB65: I'm not sure if you realized this but Gurufocus asked readers to send in questions beforehand. I'm not sure of the format of the Q&A --- I think it was done via email in written Q&A format rather than a person to person in…