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.
I don't think anybody has a real handle on the numbers. All we know is what we know at the moment. Big duh there WABAC. But the rest is speculation driven by a gamut of motives and emotions. Big duh there too.
But knowing what we do know. What woul…
I don't know enough to fool with any of the default settings.
These were the standouts.
GLFOX hits 7.03% at the 10th percentile.
DODGX at 5.36. Which was better than VDIGX 2.51 or VEIRX 2.65. Shoot. DODIX is at 2.82
NBGNX at 5.26%
FDFAX at 5.…
And, for equities, you should expect to see a 50%+ price decline a couple times a century, a 30% decline once a generation, and a 10% price decline at least every other year.
Feels like we're ahead of schedule for this century.
So many parts of the elephant to grab there.
Here's one:
around three-quarters of those laid-off workers "receive benefits that exceed their former wage," Goldman says.
Places like Amazon and Walmart worked because tax-payers paid for everything th…
Hi @WABAC, On the MFO Quick Search Tool ... Main Search Criteria(Category, MFO Rating, MFO Risk) from there some of my sub search criteria is APR%. Yield & MAXDD. Why yield? Income never goes out of fashion.
Got to have some yield.
It will be interesting to see who the category leaders are this month for my standard screen.
Indeed, the rapid reversal makes me wonder if there could be a feature that would allow one to filter on returns to a specific end month. I doubt that wou…
Lipper rates Janus small cap value as a "core" fund. And it has spent most of the last five years in M*'s "blend" box.
It currently holds nearly as much in mid value as in small value
I don't think "style-drift" is unusual for a low-turnover fund…
Good point. I'd never have thought to express it that way. We are so far from where "fundamentals" would put us, it's insane. We are light years from a supply-and-demand Market. Everything not only being propped-up, but well-greased. Of course, coro…
If Buffet was buying, he would be ignoring the indicator he has said is his favorite. So you have to ask what does he see that makes him thing the market isn't over valued?
The way people are buying, I suspect he sees rather more greed than fear in…
My WAG. Get enough of them in a sector and you are no longer betting on particular stocks. Could be closet indexing. Could be a plain old sector bet.
There are probably better explanations.
I think you were right when you quoted Heraclitus.
If he was alive today he might have said no one has stepped in this cow flop before.
However. I find this claim from M* to be . . . fraught:
About 70% of GDP is from businesses that are exempt fr…
So how does a liquidation of an ETF like this work since they don't own any of the shares they are tracking?
From reading the communication posted, it looks like they're going to get totally screwed if no one cares to buy their shares. And why woul…
While the 70's stock market did not drop as much as the Great Depression market, it did creep to an end with Business Week proclaiming the death of equities, before bottoming out at a PE ratio of 6.68 later that year. If you had invested near the pe…
I had a neighbor once tell me that stocks had to go up because everybody's retirement depends on it. I've started to wonder if that is a goal of all these emergency actions taken by the Fed and Congress. They're not backstopping stocks yet, but indi…
How the heck do you put an accurate price on anything if the Fed is just going to step in and buy everything?
Sounds to me like too much money chasing to few (known good) goods.
Another maybe bullish sign... This article from the NYT says it's institutional investors (aka smart money) driving this one while Mom and Pop investors (like me) wait it out.
I have also read that some of the buying has been driven by funds with…
Isn't the calm bond market because of the feds actions of buying everything everyone else doesn't want?
As I understand it, they can't buy junk until Congress passes a law, and the President signs it. So it will probably get more exciting when some …
I was surprised to see the content on a web-site geared to financial advisors. Shouldn't they know this stuff already?
I felt like showing it to my wife. But she has already conceded that there's no good point in paying somebody to tell you about, …
From the link:
“There is an excellent opportunity to gain additional yield if investors are willing to give up liquidity,” Dow says.
Now they tell us. But seriously . . . didn't people generally know this?
I guess not.
The era of investor complacen…
