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Is anyone aware of any funds or ETFs focused on Asian healthcare? I did some searching on M* and google and although I found some private equity funds with minimums much higher than my net worth and a few indices that seem to focus on Asian healthc…
@JohnChisum, thanks for your post, that's very interesting and helpful insight. Considering your location, do you have any thoughts about the relative opportunity in healthcare in emerging markets vs. developed markets? In some basic way, with mor…
The simple answer is I don't set stop loss orders so I couldn't offer any experience regarding whether its more often better to buy them back or not. However, if the stop loss is set based on technical indicators, I would expect the answer depends …
online.barrons.com/articles/president-obamas-3rd-year-is-bullish-for-stocks-1412249228
Well if you believe Hulbert's analysis the 3rd year of the presidential cycle is much better than the others, and although he doesn't go into the details of who …
If we consider the implications for a minute... are we really sure we want the Republicans to control Congress for the next two years? They will be blamed for all lack of progress and could make the Presidential election more difficult, whereas Oba…
I hold HQL and PRHSX and several other funds that are significantly overweight healthcare both in the US and in developing markets. I think HQL does perform just as well as the Fidelity funds over time. Its equal to FBIOX and a little ahead of FSP…
@BobC, M* does have all the answers. Every single one of them. They argue every side of every question, they contradict each other, they have one rule for one situation and different rules for another situation. Amazingly, they're always right to…
@JohnChisum, of course everything is temporary but the impact of the US releasing crude from the SPR may not have just a temporary impact. The quantity of excess oil in the reserve, even just considering the IEA mandates, is enormous because fracki…
And most of those Vanguard funds are sub-advised by Primecap. I think Primecap has every fund, or possibly missing one, that they manage on this list. Its really amazing and I'm very happy that I invested in POAGX a few years ago. The performance…
Of course Warren would never buy a mutual fund. He's essentially the largest mutual fund on the planet all by himself and his expense ratio is probably better than most Vanguard index funds. He has his own managers that he hires away from hedge fu…
I don't think Warren's following his own advice because he has outright purchased more companies than 20 and he has a large number of reportable minority holdings as well. On the extremes of no diversification are many small business owners who hav…
I'm not sure I would sell a fund if its AUM grow beyond what I think is reasonable, but I would certainly not buy a fund that I think has too many AUM, and I adjust how I analyze a fund's performance when the assets grow higher than I'm comfortable …
If we close where we are now it will be great! Volume is light but yesterday there was massive volume in the last 10 minutes so hopefully the same will happen today.
We opened well and considering the news overnight I think that's surprisingly good. Let's hope it can stay this way and even better would be some news from NY that limits the fear associated with the Ebola doctor.
Interesting... the Dow failed to close above the box but the S&P barely did. Both closed on enormous volume, although I don't know maybe its normal for such big volume right at the close. It was something like 20% of the days volume in the las…
Very interesting but of course on a per capita basis there isn't much equal in these comparisons! The 3 cities listed for Los Angles have a population of 4.6MM while Turkey has a population of 75MM.
How ironic is it that he compared Washington DC …
@hank: True enough, and the threads about what you're buying/selling/considering tend to illustrate that trend as well. I like those discussions and I would like ones that focused on what's your favorite investment right now, regardless of whether…
I agree good news would be welcome, and I think much of the news currently is related to earnings, but the PMI numbers from Europe today were a bit better than expected, the Chicago Fed Activity Index was very good, the US PMI was a little disappoin…
@scott, thanks for your comment. My private equity investments are direct investments in a few start-up companies whereas it sounds like you've invested in a vehicle/fund that invests in private companies. Although I think you're completely right …
I was taught by my father a very long time ago that I shouldn't even take his advice without doing my own research, considering my own style and objectives and making my own decisions. After all, I wasn't making decisions with his money and he wasn…
@Old_Skeet, thank you for sharing your insights and your approach, not just on a regular basis but also in specific responses to questions I've asked you previously. I very much appreciate your insights and wisdom as well as several others who post…
@00BY, thanks for posting the very interesting study!! The numbers may be a little surprising but not too much. When I think about the SAI's I've looked through, its not very often I see a pension plan or endowment on the list of 5% owners. It's …
This paragraph confused me a little. "Nevertheless, BofAML's chief investment strategist, Michael Hartnett, cautions that the robust flows into small caps may be "ETF creation for new shorts," which would suggest that traders are buying into an are…
While I think there are probably some reasonable economics behind being able to get rid of cable, the biggest problem I see is that its mostly the cable companies that own the infrastructure that brings the internet to your home. So if content prov…
@Charles, I think you're exactly right! If they need to disclose it in the summary prospectus, presumably because the SEC wouldn't let them get away with less, then not disclosing the information where the general public tends to gather is a clear …
I would love to be able to subscribe to tv over the internet so I can watch the sports I want and a couple of shows that aren't so important. Radio managed to make it possible to listen to US stations anywhere and some tv, such as NFL.com, has done…
Well I was thinking more that as the stock market has fallen a bit and bond yields are now unbelievably low, that at some point money has to start rotating out of bonds and into stocks, pushing rates and stocks higher rather than any specific action…
I think the "bear capitulation" in this case are the bond bears, so the fierce volatility yesterday and the big rally in prices was partly due to the bond bears giving up and covering short positions. You also posted an article from Barron's Asia t…
@MJG, thanks for an interesting read even if I find myself depressed. I'll admit I dream every day of beating the S&P 500 with my collection of investments and convincing myself that even if I don't I would hate to go through life without tryin…
I think its a difficult question to answer because, in my case, the exit strategy would be based on the underlying beliefs that lead to the investment in the first place. If its only poor relative performance for some period of time, then my exit s…
Its interesting that the lower than expected data out of Germany was listed as a negative. I would tend to view that as a positive because the Germans are the key force slowing down European QE by the ECB and to whatever extent the German economy i…
And just like magic, I received a reply today!! In simple terms they said they don't expect to be hedging currencies. The details were valuable I think, on the one hand currencies don't have a clear correlation to the stock market so hedging effec…
David, the map is indeed fun and scary. My favorite, though, was the attack on the UK coming from Switzerland. Considering the number of Russians living on the (extremely) expensive shores of Lake Zurich and Lake Geneva, even that one might be the…
I added to PRHSX just yesterday and have been trying to be overweight healthcare for the last 3 or 4 years. @jerry, I think you're right, everyone already knows about aging baby boomers, but the rest of the developed world is getting old too. I al…
Well 5 days with no answer from Matthews. I find that disappointing because even if they weren't willing to tell me whether they had an thoughts about hedging currency they could have at least just written and said so. Maybe the turmoil in Hong Ko…
It won't be long before an HVAC drone will fly around us at all times with our own personal energy settings to keep our personal space just how we like it! The most expensive drones might even come equipped to deactivate someone else's drone if the…
Frankly this is just shocking if true. I guess I hadn't made the specific connection before but I have a Chase credit card and I'm going to do some checking and would plan to close my account if there's some risk I've been affected and they're not …
Thanks @bee, this is very interesting! I'm not sure why they would be betting so big on that because I think the fundamentals support a stronger dollar and the technical situation is not bad either, although it wouldn't be surprising if there was a…
