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.
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LewisBraham
Hi Hank,
Your satire came across very well. Don't worry about the user name.
Best,
Lewis
It reminds me of Cisco, Intel and Microsoft back in 2000. I remember looking at Cisco back then and thinking if this stock ever misses an earning estimate, watch out! Bellwether stocks are always like that though, particularly as bubbles begin to pe…
Believing that making money any way you can no matter the consequences is also a political ideology. It's called libertarianism. So even if you just index without thinking of what it means to increase the market value of, say, tobacco, gun or oil st…
@MJG
I submit that our Declaration of Independence would have been a failed document assigned to the dustbin of history without a volunteer army of citizens who almost without exception leaped to support it. Something like a 100% of men did volunte…
I hope you enjoyed these songs that pay respect to all our military branches. Actually, I salute our military each and every day. Their acknowledged power alone keeps us safe.
So much for diplomacy with other nations, democracy and individual right…
Isn't being rich a moving relative target? So if most Americans had $2.4 million in personal net worth, wouldn't that amount cease to be the one necessary to be rich? Then being rich would be $62 million. The article also of course--like most financ…
Another Samuelson quote:
What then is it that, since 2007, has caused Wall Street capitalism's own suicide?At the bottom of this worst financial mess in a century is this: Milton Friedman-Friedrich Hayek libertarian laissez-faire capitalism, permitt…
But if per capita more blacks and other minorities are poor than white than statistically they are put at a disadvantage to whites in general. You know that though. You're playing with semantics saying poor white to poor black. Poor people in genera…
Money and time and fear of government authority figures who time after time have incarcerated them and shot them in the back. But mostly it's time. If you don't have a driver's license, you've got to show up during the day and wait on a line at the …
It's not getting to the polls. It's getting to vote in the polls without official state issued ID. Meanwhile, there is report after report showing the instances of voter fraud are minuscule to non-existent in many areas, but again facts don't matter…
@BrianW An analysis by the Brennan Center for Justice at New York University's law school found that 11 percent of Americans lack a government-issued photo ID such as a passport, driver's license, state ID card or military ID. Nine percent of whites…
@BrianW
What the hell is this: 'Republican governments have made voting more cumbersome, in order to winnow out the disproportionately poor and minority voters who such restrictions would discourage from the hassle.' Black, White or whatever, we sho…
@BrianW You're assuming an awful lot, and remember that old saying about people who assume. You define prejudice--to pre-judge people--with such comments. I can see though it's a waste of time.
So you are saying you have virtually no bank savings or cash? That 99.5% of your liquid investable net worth is in stocks, bonds, mutual funds and ETFs? That is aggressive.
@BrianW The sad thing is Crash is talking about one man and the problems he's caused. You are talking about people who account for half the nation. Do you not see the difference?
Vanguard is strong in many areas, but ESG investing is not one of them. Anyone who truly cares about such issues as climate change, income inequality, workplace discrimination or excessive executive compensation should look elsewhere:
https://axios.…
There is no easy solution, but one thing I would do is actually prioritize refugees seeking asylum by genuine need, including looking at the conditions they are seeking to escape. People actually escaping violence and starvation from nations prone t…
@DavidRMoran
I am genuinely sorry I hurt your feelings, but you are misinterpreting me. I'm criticizing Ferguson not you as a reputable source as he generally makes my skin crawl. And I honestly think he lives up to that reputation in this article…
@DavidRMoran Niall Ferguson is the intellectual equivalent of a British football hooligan:
nybooks.com/articles/2007/07/19/the-question-of-empire/
https://nytimes.com/2003/04/27/magazine/the-empire-slinks-back.html
nybooks.com/articles/2007/04/26…
Doesn't matter to me what we call it. The U.S. has let in a total of 11 Syrian refugees in 2018. When a country is suffering from genocide and millions of refugees are displaced--many of them women and children--that shouldn't be a time when our nat…
And now this:
https://nytimes.com/2018/06/26/us/politics/supreme-court-trump-travel-ban.html
Even though there's this:
https://reuters.com/article/us-mideast-crisis-syria/syrian-observatory-says-war-has-killed-more-than-half-a-million-idUSKCN1GO…
If I'm China and getting fed up with tariffs, the nuclear option would be to sell large amounts of U.S. Treasury bonds and de-link the Yuan from the dollar: https://investopedia.com/articles/investing/080615/china-owns-us-debt-how-much.asp
Interesting mutual fund, although the expense ratio is too high. The name--the BS Post Fund--might be a little on the nose, too. Ticker symbol is ROFLX.
@rono Amazon already charges sales tax in most states but not Wayfair or Overstock and not for independent sellers on Amazon which account for 50% of retail sales on Amazon.
@Art Bear in mind my original first post on this thread was:
The original non-pirated story: https://barrons.com/articles/this-junk-bond-fund-shines-bright-1529585687
For posting that, Ted told me:
Get off this intellectual property BS. In the over …
@Art My bad attitude towards you? You basically told me to shut up and stick to the OT threads without any knowledge whatsoever about the specific situation of someone misappropriating my and my publisher's work. I know you're "not backing off of an…
