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.
The last US Navy BB was the USS Missouri,,,, commissioned in 1944. I know the shithead wants to turn back the clock but shit. Next he will have grunts carrying an M-1 like my Dad did .
He has never been a naval architect but apparently he will be involved in the design and naming of the lead ship of the class. By the way can anyone here tell the group when the US Navy last commissioned a Battleship? I can just imagine the wardroo…
@dpf749. Re : VWIAX. It has about 38% stocks and about 12.5% of the fund is tech. It’s 2025 performance is pretty great compared to the much loved PRWCX,,,, with 56% stocks and 41.5% in tech. It’s called an income fund,,,,,,, not even a growth and…
I am sure he is more than crushing it $$$$$ and will get out 3 minutes before the bond market turns. And that’s all that matters. For some the world stops at their balance sheet.
@Mona. Good Temps knowledge. Growing up in Detroit in the golden age of Motown ,, the Temps were the soundtrack of my youth. My peer group were late to the Beatles and Stones.
@Derf. “ I believe ‘25 interest will be less.” Me too. So it’s take more risk or accept less interest income. Lucky for us our home and auto insurance, Medicare Part B premiums and heating bills have all gone down. And “groceries “ are cheaper t…
@DrVenture. We had not bought ground beef in years. Generally don’t eat meat but wife was making some terrific cabbage soup. That price was shocking. I tell my wife every day that it would really be terrible to be poor nowadays. Thanks maga.
@Davidrmoran. Good knowledge. Back in the day I had a buddy who was old enough to to know better, he thought All along the Watchtower was a great Hendrix song.
We also lack a symbol of resistance to the regime. Back in the sixties the peace sign was a universal sign you were against the war. The resistance today is lacking a sound track, leaders and symbols.
@JD_co. Hope you are right. I was a part of what was called”the movement “ in the sixties and seventies. Looking backwards I can tell you that when the draft ended, the movement lost much of its momentum. Mass actions are fueled by people feelin…
Thanks for sharing that. It makes an assumption that the mid terms will be held. With the king using his made up emergency powers are just plain expanding the power of the crown ,,, how unlikely is it the elections get cancelled? The emergency: tha…
Is it common in the corporate world for the CEO of a large Insurer to have a second job as a portfolio manager? I get that both his gigs were under the BRK but still,,,,, was he just another ambitious gig worker? Did he drive for Door Dash on the …
@yogibearbull. Thanks for this report. I am curious about your use of the adjective “ambitious.” The dude isn’t a young guy right out of B school. What is the implication here?
@Crash. You nailed it. The collective “we” are getting the leader we deserve. Half the country voted for him. Twice. That’s the big story. It’s not the flawed Dems ,, it’s not even shithead,,, the real story is half the voters voted for him,,,, …
It is entirely possible that those who follow him will be less clownish and more capable of leading the country towards a vicious dictatorship. As bad as things are we should be careful of what we wish for. Today they are banning books, tomorrow the…
All these outrages, all the lawlessness. All the grift. And 40 % of our fellow Americans and 98 % of the repugnant party support it. Shithead is just a very bad dude but he couldn’t get away with with anything if the people, the professionals repug…
@hank. You know many smart people think the president of the United States is in a full blown frenzy… freaking out. Out of his mind. Of course he might or even likely will do something to impact markets in a bad way. So yes. This thread is ABOUT …
@crash. Take a look at Charlie Garcia at market watch today and a listen to the recent Thoughtful Money episode with Stephanie Pomboy. Similar theme. I don’t know if the markets can handle chaos and insanity at the top for much longer. The best ne…
@ Crash. Today’s market is the perfect metaphor for what’s going on in the orange regime. It’s frantic, it’s unglued, it’s beyond logic and IMHO ,,, it can’t go out much longer. An implosion, explosion is coming.
Back to the question; is good enough good enough? Or; what are we trying to accomplish? Hanks definitions of what doing great means to different types of investors is excellent. Or; what does winning mean?
@Junkster. If trump pulls out all the stops to keep stocks and bonds afloat before the mid terms, think how that might work out. It would be easier to make life better economically for his base to protect maga in the mid terms but he is doing EVERY…
@crash. I babysit our daughter’s portfolio. I have to remind myself that she is 34 and not 76. She is both a highly paid busy professional and profoundly disinterested. Makes my role very awkward.
