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The private-equity-backed company has no assets or operations yet, but its chief executive, Mark Papa, was one of the most successful executives in the U.S. shale-drilling boom.
@TSP_Tranfer OK, I get it, but who is the private equity that is backin…
p.3:
Despite the municipal bond CEFs dominance during the month, only one of the five top-performing individual CEFs in the fixed income universe was housed in Lipper’s General Municipal Bond CEFs macro-classification. At the top of the group was MF…
My my my, heaven's sake's alive. Wasn't it as late as last summer when several financial scribes were advising that MLPs, given their "attributes," could be considered for inclusion in portfolios as bond substitutes, as protection from rising intere…
For those wondering why the dvd distribution of LSBRX has become so paltry of late--- despite the fund holding 35% of assets in HY bonds--- I suspect this is what's at play, and is having a significant impact:
HOW DO FOREIGN CURRENCY LOSSES IMPACT F…
ah yes, another Super Bowl, and more "memories for the Ages." And to acknowledge the 50th milestone, let's return to Super Bowl I and have a chat with Willie Wood, whose interception and return changed what had been a contest into a rout.
Willie, t…
"Ironically, the popularity of factor tilts (Smart Beta ETFs are now a half-trillion dollar category) may be the strategy’s biggest risk – the premiums for premiums are being compressed now that everyone is betting on the same attributes to outperf…
AHahahahahahahahaha. Right when the sad song appeared to have run out of verses, another verse is found; and what appeared to have been just another sad story of investment woe begins to enter the Land of Allegory. This show is gettin' some sizzle!
I see a pony. A little girl, sitting side-saddle, with dimples, big curls, and a fluffy white dress, like Rhett and Scarlet's daughter in Gone With The Wind.
Oh, wait! She fell off and snapped her neck, didn't she? Hmmm.... maybe better to go with …
@Crash
Junkster said:
The moral is be you a trader or investor is always have an exit point. So much thought goes into when to buy yet so little on when to sell.
To whom do you think he is addressing this advice?
I see no evidence of insider sellin…
Some interesting questions from the blogspot of a Brit who's been around a few financial blocks:
https://notayesmanseconomics.wordpress.com/2016/02/02/will-the-spread-of-negative-interest-rates-lead-to-a-ban-on-cash/
pension obligations
insurance co…
HA! I thought my wild-eyed dream would last a little longer than a couple of days--WRONG
http://www.bloomberg.com/news/articles/2016-02-02/rates-less-than-zero-is-bank-stress-fed-wants-to-test-in-2016
To get some ideas about what might happen, perh…
Interesting note from M* commenter, bchalmers:
Quoting Kevin Carter of Big Tree Capital - what to do with broad emerging market ETFS?
Carter: Avoid them. I have come to the conclusion that the largest emerging market ETFs (EEM & VWO) have signi…
Voila--- terrific, Andy, and not exactly what I expected! It does have the ST redemption fee, and its subsequent is $500 (which makes it a little problematic for the small retail investor to "trickle it in"). But if it has been able to perform as it…
Yup. Race to debase, cont. Here's a Bloomberg Q & A on it:
http://www.bloomberg.com/news/articles/2016-01-29/boj-q-a-on-adoption-of-negative-rate-policy-full-text
Looks like Lisa got ahead of herself. Half the bars in her graphic are not assigned to any specific fund (although you can see which fund is represented by rolling the cursor over the bars to get the pop-up). Someone forgot to complete the far-left …
These jobbers are scary! Caveat emptor!
http://blogs.barrons.com/focusonfunds/2016/01/22/barclays-issues-post-crash-postmortem-for-oil-etn-exercise-extreme-caution/
Is Big Venture Formula Over?
http://techcrunch.com/2016/01/24/the-end-of-the-big-venture-formula/
A list of recent commentary on VC, posted by Tada Viskanta @Abnormal Returns:
http://abnormalreturns.com/2016/01/26/startup-links-a-new-vc-model/
@vk…
@rlyke12
Indicators of size...hmm, that's a toughy. And I would agree with msf that unrealized CGs (and, for that matter, unrealized losses) aren't very useful either. However, there is a situation where you can tell, if you notice sizeable CGs buil…
"A man's got to know his limitations" Dirty Harry
Sorry, but I believe this line was pilfered from Wise Blood, Flannery O'Conner's masterpiece. In the wonderful film adaptation by John Huston, the line is spoken by Brad Dourif's, playing the charac…
Kent, Kent, Kent. There you go again. We must have been trained to read tea leaves differently.
FSUTX 1-yr return = -13.15% (dial it back one day to exclude Friday's 2.26% pump, and we're lookin' at -15.41%)
Defensive?
@davidrmoran On top of everything else you have to do, you also have school administration duties to cover on the side? Where do you find the time? Truly, a man of many talents! :)
On Monday, Vanguard Chairman Bill McNabb will speak about the future of financial advice. His talk follows a panel discussion on fundamental indexing, which includes speakers like Schwab’s Anthony Davidow. [my bold]
So, they weren't able to get Anth…
Be sure to read the nearly worthless transcript that has been automatically generated, even though it "may not be 100% accurate." Pretty amusing "software mis-hearings" in many places.....
It isn't all armchair musing at Davos. Sometimes, corporate titans and movers-and-shakers will block off a chunk of time to address, "amongst themselves," some things having a more global reach, and the framework for moving off the dime gets put in …
@AndyJ Yes sir, there is a way to know. You go to the horsey's mouth, click the statistics tab, then--- as things are currently configured--- you have to scroll all....the....way....down to the bottom, where you will find the allocation. I think th…
@vkt @InformalEconomist
Regarding FMIJX, do you know what they are shorting and how they are doing it? Have they said? Any clues/hints to that? I've been considering similar placement in my conservative collection of MFs and what-not, for the same …