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.
Typical of M* to leave up instructions for something they no longer support.
There is a at least one free tool to find similar/overlap in etf's at the dinky linky. I have often linked to it, but maybe it will be new to someone reading this thread.
@bee. It took me many years to convince my spouse that there is no point in paying for advice that should more, or less, boil down to a few funds covering equities and bonds if you are dealing with someone reasonably honest.
Thanks for the link to …
If MINT piques your curiosity, consider VRIG as well. For that matter, one might also compare its performance to USFR, PULS, and FLRN. All have a lower expense ratio than MINT, and they made a little money in 2022, which MINT did not.
VRIG is activ…
My memory of the first such major incident of that type was the Oakland Hills firestorm of 1991. Ashes from that fire rained down on us out by the ocean in San Francisco. Prior to that, the Oakland Hills had never had a major fire either.
Not just a…
It's a bad case of higher for longer. Feels like Mr. Market has had a little tantrum every month the Fed puts off a rate cut. Except this time, the AI euphoria seems to be wearing off. And longer is looking longer all the time.
Can each of you please send me your mailing address so I can send each of you a free Trumpinator Bobble Head to put on your bookshelf.
Thank you,
Baseball Fan
LOL. Not much on bobble heads. How about a gnome for the garden?
Nobody gets to crowd …
All he may be trying to say that as the largest bank in the US (TBTF, SIFI, etc; also largest globally by market-cap but not by assets), he is prepared for all eventualities.
That is a good place to be.
It's also a welcome relief from rate-cut mong…
@Crash- Unfamiliar with the designator "WTF"... is that an airline or a destination?
It's what you say when parts start dropping off the airplane you are on.
It's useful at other times too.
WABAC,
My plan penalizes rollovers for those under 59 1/2. -- The punishment is 6 months of no contribution (which means I pay more taxes this year) -- which also means 6 months without a 7% company match.
Thanks. I was jumping the gun. You still…
What do QDSNX and PVCMX (and BLNDX) have in common?
They all managed to net positive gains for investors in calendar year 2022, a feat not accomplished by many mutual funds. Even bonds were beat down in 2022 - only commodities were in the green.…
For what it is worth, an M* article on AQR, and its strategies.
I did not read anything that encouraged me to spend a lot of time learning about the funds underneath the fund.
From the metrics tab I would also look at the Treynor and Kalmar numbers. Along with Sortino, they can help make a little more standard deviation a little more palatable, to me at least.
Now I'm wondering how hard it would be to add these calculati…
Lawsuits filed.
The media company that Donald Trump recently took public is suing its co-founders, accusing them of failing “spectacularly” to get the company off the ground and then trying to “thwart the deal.”
The lawsuit filed in Sarasota County…
@wabac I think the exercise can be pushed a lot farther. There is no points for perfection. If the fund doesnt prove itself useful through a simple lens and with enough history, then there better be good reasons.
@Devo, I wouldn't begin to know how…
why is that i am not able to open your PV links?
It's nothing personal. :).
I really have no idea. I don't have an account there. I'm using the free access features. That hasn't been a problem in the past. Maybe there is new fine print?
I'm not sure I understand what you're visualizing, but most people probably shouldn't be fiddling with their positions all the time.
I enjoy the process of replicating a portfolio--as you described it-- because at this stage in my life I have becom…
MStar. Currently showing: 0.11 / -4.48 at 5 / 10 y for VSMIX, which is a notable improvement in just a couple of days. One might say that m-stars are moving in your favor...
Thank you for the info. I forgot they have five and ten year numbers under…
@yogibearbull above you said, "No point analyzing the results in hindsight, just as it's pointless to analyze races that have been run, or games that have been played.
I agree on the first part, but from just as it's pointless to ..... I'm of the …
The difference between the value funds in my accounts and PVCMX might be the commitment to the value stocks identified. I don't see how a value oriented stock fund can make much progress if it is unwilling to back its best stock picks past 17% of ho…
Cambria is doing a similar thing with its shareholder-yield thesis. They now have a micro/small cap version.
IDK. Maybe you should just focus on the best stocks in the thesis, rather than splitting them by cap boxes.
I have always invested in value funds. I hold several today between the taxable and IRA accounts. They are a large part of my holdings. I go by the style box, or Lipper classification, rather than M*'s generic classification.
The difference betwee…
To achieve "absolute return" PVCMX relies on discounted cash flow (DCF) analysis. I learned that on their home page.
Turns out that DCF is the formula behind absolute value investing.
Does any other fund employ DCF analysis? MOAT does, for one:
th…
PVCMX quacks like an allocation fund to me. The fund has never held more than 17% stocks.
The stock sleeve just happens to be in SCV. The bonds are in T-Bills, and then there is a MMF and some gold and silver. So it came through 2022 in the green.…
What would be a bull market without speculative plays? Meme stocks, SPAC M&As, IPOs, ODTE options, cryptos, gold?
It would be nice for my IRA if some of the animal spirits could spill over into miners and bio tech.
Thanks again @Observant1. I always forget about the library option. I'll have to see if ours participates. M* used to have a fund similarity tool that was useful.
@Observant1, Thank you. Much appreciated.
I remember when M* used to have a one page report, but I don't remember seeing one lately.. Is it a subscription feature?
@BaluBalu, DIVO offers monthly commentary.
From an options standpoint, we were active and tried to capture premium as volatility picked up periodically throughout the month. We sold new calls during the month on Apple (AAPL), Caterpillar (CAT), Cisc…
