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.
A huge problem during the GFC was the CDS (credit default swaps) sold by insurance companies and institutions. When the underlying credits collapsed, the CDS skyrocketed. At its worst, AIG had a liability of $150-200 billion - it was literally bankr…
Funny, I just read a noted manager state a few weeks ago that Large Cap is dramatically over valued and small cap is the pace to be.
In other words, nobody knows anything....
... and if I continue following the advice of my Magic Eight Ball and/or …
I've been looking at GQHPX as well. One thing I noticed, however, similar to all or most of his funds - is the large Nvidia position. NVDA is not an emerging market stock but its large presence in the fund spikes returns relative to its peers.
I …
Thanks David. I agree completely on the LCV call being the place to be over the next few years (and I'm there already, currently very heavy in energy, utes and infra myself.)
In terms of models, I had to chuckle. First they say models are meaning…
The only REIT I like (but don't own yet) is CDP because of its unique client base and facility requirements. (I've been in many of their buildings over the years for work). Getty is another one I've considered as well.
I've held off buying them …
CGDV and CGGO are on my watchlists and would be the ones I would move into if/when needed. Knowing what I know now, I would go with ETFs versus their OEFs with loads and 12-b-1 fees.
CGDV performing similar to the American Fund that my 403(b) is in…
PFE is cheap enough to be on my "throw some $$$ and forget about it" mental map @ the moment, but I've not pulled the trigger....also, the div payout ratio is 116% so that's a red flag when 'analysts' and pundits say to buy it for the fat dividend a…
I'd be curious what Choi from Parnassus has to say - I've always liked their Equity Income Fund despite the WFC issue some years ago. I bailed out a few years ago when the fund was getting more growthy than I wanted. (Would be nice if they made an …
Yup. My overall PV has fluctuated in the same general range for months. Annoying, sure, but I'll take "not losing money" and/or "making money" versus "just loosing money."
DJT down 14.56% today after sharp losses Tuesday (-8 %) as well. Brings up the question - how many worthless DJT stock certificates can you stuff into a Tesla pickup and drive both into a permanent landfill?
LOL. I'm sure CEO (and retired GQP Congr…
If they don't want people calling, shut down the call center completely -- to force customers to think "will this time be the time I get fired?" is not a good strategy, period. They are a BROKERAGE and exist to SUPPORT and SERVICE their customers r…
Is there any ... OEF that has decent volume along those lines?
Why should volume of an OEF matter? Perhaps availability matters, but why volume?
Regarding availability, what that seems to be saying is that S&P 500 funds are a poor person's su…
Go with the crowd because the crowd makes self-fulfilling decisions? Lots of people buy because prices go up because lots of people buy?
By that reasoning, the S&P 500 (TR) should be outperforming the S&P Top 50 (TR), and yet ...
…
This almost feels like the moment when PRWCX announced closure and I snuck in before building a sizable position that's done okay by me .... I'd be inclined to get a toehold in it now, but not thrilled about having to create another account just for…
Relatedly, I'm a likely long-term buyer of INTC if (er when) it drops further should rumors be true that NVDA will replace it in the Dow.
NVDA seems more like a momentum stock these days, so not interested in it.
All these changes, big and small. "New and improved." And it accomplishes what? Nothing is routine anymore. The machines are in charge. And the machines don't do what they're supposed to do, because the humans gave them faulty, incomplete informatio…
Does anyone sign the back of credit cards these days?
I bet you could sign "Mickey Mouse" every time you're asked to sign and never get questioned. Nobody ever looks at them. Total waste of time. IMHO
In the past I've signed my credit card. 'Sign…
Been using debit cards since the mid 70's. I remember that some even dispensed coins for a little while. I don't think we had credit cards til the early 90's.
and besides I prefer not to let retail companies have my checking account information.
Y…
Been using debit cards since the mid 70's. I remember that some even dispensed coins for a little while. I don't think we had credit cards til the early 90's.
Can't think of the last time I used my debit card to buy something in the past 30 years. …
I miss plastic cards you could cut up and dispose of yourself, not the new metal ones that require an envelope from the vendor to return the card in.
On the upside, I have used expired metal cards as ice scrapers, so there's that. :)
Chat conversations are very much with a human and the service that I've gotten from them has been just fine, thank you. You talk about people as if they were your personal servants. I'd surely pity anyone unfortunate enough to have to work for someo…
@rforno- why don't you try using their "Chat" service to ask someone directly? Hard for them to ignore that. Another possible option- we've been assigned an account poobah, but have never had any traffic with him. If you also have a "dedicated" acco…
quick Schwab update: In 2024 I've sent several messages to CS' customer service for various and fairly (basic) enquiries ranging from why I couldn't DRIP something to asking them why some income wasn't showing up on my Projected Income page. On a…
@WABAC - The other way around. "Musk had redirected about 12,000 Nvidia H100 graphics processing units originally shipped to Tesla (TSLA) to two of his other companies, X and xAI."
Talk about a conflict of interest and/or corporate malfeasance.... a…
I was reminiscing about STU-3s, CIGs, and PRC-77s with a friend a few weeks ago and stopped midsentence, going "damn, I'm getting old...."
I trained/schooled for intelligence/national security/foreign policy, but was a good geek, and found a ca…
Having said that may be PRWCX will perform better than its peers in June if the Tech trade and market takes a breather and the overweight HC outperforms. What stumped me was it underperforming. TCAF that much.
PRCWX traditionally lags its peers …
”I recall when Steve Jobs returned to Apple as interim CEO in late 1997.
Apple's stock price was very low at the time and Jobs brought a lot of energy to the struggling company.”
Recently spent a pleasant day wandering Central Park - but it might w…
@rforno what's the basis of the prediction? I dont have a long position in NVDA but I wonder if there is a specific thing you are seeing or a generalized sense of anxiety (if so, the line is long ;)
@Sven and I use the same crystal ball..... (se ab…
Some great discussion here! I thought my comments would've just been another thimbleful in the maelstrom here, i had no idea it would take off as it has. Interesting points are being made in this thread, which I appreciate.
I predict NVIDA is going to crash hard very, very soon - like 90% crash overnight into NOTHINGNESS!! Sell while you can still profit from it!! :)
/ducks
This SEC has been a disappointment. They are just entertaining themselves with small stuff and missing big stuff like SBF. The whole Alameda and FTX complex was allowed to continue until market forces took them down. One may say prior SECs were n…
“highly sophisticated” investors = what a joke of a concept to describe inestors. Most of 'em aren't any better investors than MFO regulars, except that they have deeper pockets and play with OPM instead of their own.
Bought 1000s Spire-A shares for income ... callable in October.
Bought 500s TRP following yesterday's shareholder vote on Southbow spinoff. Not sure I'll keep the spinoff shares but I like TC's pipeline footprint.
(I may move PBA and TRP over t…
