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.
Peter Lynch’s Magellan returned 29% from 1977-1990, double the 15% for SP500.
However, the average investor in Magellan returned only 7% while the fund returned 29%. This is frequently cited by Morningstar and was discussed by Lynch himself in h…
Good time to check a house with subzero temperatures though. Easy to check if windows and roof are holding up. Good insulation wasn’t installed until 1970’s, so older homes need updating.
Windchill hit 40 degrees the other night, had to crank the…
Job market for new grads at top schools such as Stanford and Harvard is not great. Offer at graduation rates have likely fallen from ten year average of 75–80% to current ~55–65%. For schools outside top 20 schools you can be sure offer at graduat…
Low inflation if you this meal plan for month:
25 bags of rice and kidney beans at Costco are down about 1-2% from last year for about $65.
Add in 10 pounds of cabbage for $8. Add in some carrots and onion for $10. Oil, salt, spices, multivitamin…
Morningstar has a list of The Best Balanced Funds and ETFs - Jan 2026
Gold
T. Rowe Price Capital Appreciation TRAIX
American Funds Moderate Growth & Income RBAFX
T. Rowe Price Balanced RBAIX
Vanguard Wellington VWELX
Silver
T. Rowe Price S…
Msf,
Joel and Theo have been managing VPMCX for 37-40 years with 13.7% return, about 2% over index. For a $75B fund that’s acceptable.
VGHCX has returned 15% since 1984, but that was mostly due to Ed Owen’s performance that was 16.4% vs 10.7% for…
Appreciate the comment. But you did omit the article's last sentence which read "For those not inclined to devote the time and energy attempting to uncover strategies that fit this description, indexing beckons."
fwiw.
Thanks again for consider…
“Instead, investors would be better served focusing on the attributes that our research has found are more closely associated with long-term success—the prudence of a fund’s strategy; the depth, breadth, and continuity of its investment team; the in…
Will this be in next week’s headline?
“Sen. Tillis is being investigated for allegedly not paying $200 in payroll taxes for babysitter in 1990.”
Note: If you never filed the return (which is the case if one didn't file the payroll tax forms in 19…
Powell should have hired trades people from Craigs List. I hired cousin Eddie and saved 35%. I mean the slope was 2% sloped into house instead of 3% away. That’s not a big deal is it?
The Federal Reserve Buildings aren’t historically protected b…
As noted, DepositAccounts is a good resource for local banking info.
https://www.depositaccounts.com/banks/rates-map/
Also be on the lookout for unusual terms, 11 month, 17 month, etc. FDIC watches banks that routinely appear on the top CD rate lis…
Gemini AI answer seems logical
Banks like United Fidelity often set their rates intentionally to be #1 on comparison sites (like Bankrate, WalletHub, or NerdWallet).
The Logic: In the digital age, being the 5th best bank gets you very little atten…
Big gotcha from all banks:
You have a 10-day grace period following your CD’s maturity to submit the form and make any changes. If no action is taken within that window, your CD will renew automatically for the same term on its maturity date, and t…
Haha. No it was a 2001 Honda Accord, the more I think about it. So was the early 2000's actually. Probably, it still running somewhere!
If it ended up in a buy here pay here lot, someone is still making payments on it!
GQEPX was down almost 5% in 2025 because they sold tech and bought defensive stocks like ATT and Verizon.
CIO Rajiv Jain and his team wrote that they were "wary of late-cycle credit and tech valuations." They believed that the economy was late in …
Dow Theory gave a buy signal on Jan 6 when Transport index closed above 17,754.
SP500 is also above its 200 day moving average, so we have two buy signals that have a good record for big downside protection. Will hold on making any big changes.
It would be ill-advised to expect anything but subservience from SCOTUS. Let's get that inflation roaring!
Media was all caught up with Gorsach’s tough questions in the first hour but they missed his final few minutes where he bailed out the flai…
Letting the tariffs stick would ipso facto be an acceptance of the "National Emergency" The Orange Large One declared right out of the gate--- when there was and is--- no emergency. How about THAT question?
They will either completely ignore that q…
I’m predicting a win for tariffs, even though it is prima facia losing case.
Jonathan Adler States that when a statute is ambiguous in the realm of foreign policy and national security, the Supreme Court typically applies a "strong deference" to t…
I would be cautious with "one manger" shops like Pinnacle, whose performance rests on just one brain, unless it is in an IRA where you have no tax consequences to sell.
Yes, maybe Oberweis Small-Cap Opportunities Fund OBSOX would be better since …
Seems unnecessarily complex, and very expensive. If you held this mix in a $1m portfolio, you would be paying at least $10,390 in fees each and every year (or more if portfolio grows). But if that is the price you wish to pay to SWAN, so be it.
The…
Does hind sight & fore sight come into play here?
MRFOX, SGOVX, PRPFX, and PVFIX have consistent management style for at least 15 years. JAAA is only 5 years old, but seems like a solid risk/reward choice.
The others are hindsight plays.
I wouldn't put them in my IRA. But if they help you sleep at night I guess they're working for you.
Why?
Only MRFOX and SGOVX are tax friendly, the others should be in tax sheltered funds because they are not tax efficient.
Some high active share funds
90%+
Note on Data: Performance is based on data available as of late 2025. "Active Share" data is typically reported quarterly.
| Fund Name | Ticker | 5-Year Return (Ann.) | 10-Year Return (Ann.) | Sharpe Ratio (5-Yr) …
"Capitol Hill Kids"
“I’ve been to the Washington zoo
Filled with the reds and blues
Wearing their Savile Row suits
They don’t give a freak about anything
Running up that debt 'cause they cannot lose.
You go to fundraising, fundraising
You go to fu…
I just won top ranking in 15 year ranking list from Hulbert Market Timing. I sold some stocks in April 2000 and April 2025. Oh, I won the worst market timer award.
My return was 8%, against 15% from SP500. Could be driving a Ferrari in many colo…
Warren always said he wants businesses that could be run by a mediocre person or dummy, if you will. Think very high moat or addictive- railroads, insurance, See’s Candies, Dairy Queen, and Duracell. Even a dummy like me couldn’t screw those compa…
Listened to Bloomberg Balance of Power show when they had on Cornell Law Professor. He said Alito and Thomas vote will vote in favor of tariffs - no discussion needed. Kavanaugh asked questions and made comments that he was 100% in favor of tariff…
Top 10% of residents in US own 87-93% of total stock market. That’s why top 10% control 50% of consumer spending. The stock market is irrelevant to over 80% of residents. They are more worried about rent and beef prices.
On CNBC a few weeks ago he mentioned that today is like Oct 1999, and everyone is “partying like it 1999”. “Remember, Nasdaq went up 88% from Oct 1999 to Mar 2000.”
Here, he is saying that we may have a dip in next few weeks and then may have a …
Yes! On Monday 1/3 of the cash goes to Crypto and 1/3 to Private Equity and 1/3 to private credit. I hate being looked down on by smart rich people like FD1000. I wanna be a smart rich person too.
Joe,
You can only be rich or smart.
At least most …
Wonder what aspect of DFA’s case that overcame the earlier SEC’s objection on Vanguard’s case?
Maybe the SEC took away Milton’s Swingline stapler and The “Disapproved” stamp.
