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.
Oh, I have always advocated paying for the New York Times; everyone here would benefit from that
If I think there is content there that would be of interest to this group, how do you think I should proceed or handle that?
Bless your heart David. I'…
I could explain yet again how to read a given NYT piece using a privacy session in one's noncustomary browser, but don't want to seem more condescending than usual.
Bless your heart David. Learning how to circumvent paywalls erected by content cre…
@WABC. my dentist also told me his individual stocks and asked me if I followed the motley fools. I can’t make this stuff up. But he is a skilled practitioner. I fired my home repair guy who told me why he is MAGA.
@larryB. I"ll long remember th…
My dentist worships musk. If going to the dentist isn’t bad enough I have to listen to him singing his praises.
I think I'ld rather be quizzed about my flossing and brushing habits than deal with a dentist talking about anything but teeth, or the…
"IHDG"
Going from un-hedged to hedge. Why change of heart?
You make better choices than I do and so curious.
Hi @BaluBalu. There is an un-hedged version of that fund which I never owned. Mainly bought it for the track record and the emphasis on…
Sold TCREX today. Maybe it will go up some more. But that will be without me. It didn't act as an inflation hedge. And I'm leery of what will happen to real estate after Santa is back at the North Pole.
Proceeds will likely go into IYK, maybe a lit…
I think Musk is closer to Howard Hughes than Davinci or Edison. But so what?
What is the case for investing in Tesla? No matter how thin you slice it, it's still just a car company selling a consumer durable run by a guy that can't stop talking.
…
About half my wife's retirement portfolio is at at TIAA from two different institutions. About 33% is in their "traditional" accounts, or whatever they call them. I moved most of the rest to money markets back in June. But I know that isn't a sensib…
hi @BaluBalu. It's an ongoing evaluation. There are plenty more things in the IRA to sell before I get around to XMHQ. I killed a lot of flowers and fed a lot weeds when I rebalanced in November 2021. I might just keep it.
Just ran one of my screen…
I’ve been looking at mid-caps and I came across XMHQ, a promising candidate. When researching the « quality » factor for this fund, I found the following description:
The Invesco S&P MidCap Quality ETF (Fund) is based on the S&P MidCap 400 …
Sold TCREX today. Maybe it will go up some more. But that will be without me. It didn't act as an inflation hedge. And I'm leery of what will happen to real estate after Santa is back at the North Pole.
Proceeds will likely go into IYK, maybe a lit…
Why?
Inker's marketing wryly amuses me. I'm amused he thinks quality is anomalous. I'm amused when he compares stocks to battleships. I'm amused he can't find paragraph breaks. My amusement is not worth beating to death with semantics.
Maybe some…
As GMO launches its first ETF, it seemed like a good time to share my thoughts on the market inefficiency that the strategy seeks to exploit – the quality anomaly.
Thanks @Mark. But what are those "quantitative and fundamental techniques" that sets QLTY apart from FUQIX or QUAL-- just to mention two large blend funds that have quality in their name.
As of this morning, I find 54 US equity funds in the MFO pr…
Interesting concept... good junk vs junky junk. Of course I poke fun here, but there actually may just be something to that.
Do any fund managers claim to be looking for the cra . . . crummiest assets they can find?
If you were going to have one permanent bias
Interesting choice of words.
And how does one define quality in equities and bonds? Is it the way we understand pornography, we know it when we see it? :)
T Rowe Price has posted more information about PRCFX on its website. Although detailed holdings are not yet available, the asset allocation is posted. Currently, it’s holding 51% in domestic bonds, 40% in domestic stocks, 5% cash, 4% foreign bonds a…
I don't know about Baseball_Fan, but I try to avoid funds with more than a token appearance of Amazon due to their labor history, among other factors. If it shows up in an ESG fund @ 5% I just laugh, and keep on moving.
@Mark,
Isn't it possible tha…
@Baseball_Fan, excellent points on the portfolios of many "ESG" funds. They're shaky on the E, and often cra crummy on the S and G.
Sure, BIAWX had a good year. But you're paying 79 cents for the same old stuff that has created a good year for lot…
@MikeM, not trying to be critical, just exercising my curiosity, and my weird sense of humor.
And I agree with you about putting cash back to work that was formerly invested.
But I wouldn't buy something I haven't looked at. My grandfather would…
Let's look at the possible investing thesis. Let's take our AI overlords at their word that they will be "water positive" by 2030. And then refer back to Mackintosh's thesis about environmental investing. ISTM that we are talking about large levels …
See my second link above for more detail. Some of it does go back, as industrial waste water.
This is just one example of the E in ESG being about more than what kind of light bulb you are using.
If your main goal is winning an argument, define the thing you want to beat to suit your argument.
James Mackintosh sounds like an able representative of the Journal's long-standing point of view.
On the news side of the financial press . . . Whe…
