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.
“'We conclude that States may disqualify persons holding or attempting to hold state office,' the Supreme Court said in its ruling Monday. 'But States have no power under the Constitution to enforce Section 3 with respect to federal offices, especia…
"At the heart of the Trump legal team’s filing was the extraordinary contention that not only was Trump
entitled to absolute presidential immunity, but that the immunity applied regardless of Trump’s intent
in engaging in the conduct described in th…
The fraudster just launched a new sneaker line.
He hopes sales will be golden to defray recent judgements.
The Never Surrender High-Tops sell for a whopping $399 and are rather ostentatious.
They're too expensive, not my style, and regardless, I wo…
[snip]
Saw this one LIVE here, last night. A great evening.
Money is not everything.
Visited Pagliacci here, last night. A great experience.
No clowning around!
Pizza is not everything but...
https://www.pagliacci.com/order/products/113
“I said, ‘You didn’t pay, you’re delinquent?’ He said, ‘Yes, let’s say that happened.’ No, I would not protect you. In fact, I would encourage them [Russia] to do whatever the hell they want. You’ve got to pay. You’ve got to pay your bills.”
This i…
Many firms are responsible for managing only a fraction of a fund's total assets.
There are several firms which manage 100% of assets for one or more Vanguard funds:
Baillie Gifford (1)
Ninety One North America (1)
Primecap Management (3)
Wellington…
I periodically review the list of Vanguard active portfolio managers.
There are a few select firms which manage three or more Vanguard funds¹.
It may be beneficial to focus on these firms.
Data as of 12/31/2023
Baillie Gifford (6)
Primecap Manageme…
I checked the link just now. "Data is unavailable at this time. Please try again later."
Must be time sensitive !!
Received HTTP 502 error (bad gateway error) when attempting to access the web page.
https://en.wikipedia.org/wiki/HTTP_502
The Week in Charts (02/11/24)
00:00 Intro
01:31 Topics
02:42 The Longest Inversion in History
07:01 More All-Time Highs (S&P 5,000)
15:44 Nvidia Now Bigger Than Entire Energy Sector
29:56 No Rush to Cut (Fed Policy)
44:14 Profitability Matters …
I have no experience with Schwab.
Whenever I've read articles rating online brokers, Schwab always performs well in the ratings.
I've been with Fidelity for many years and am pleased with their service and offerings.
I have a few Fidelity accounts.
Cash reserves are automatically swept into Fidelity money market funds.
Perhaps you're thinking of Schwab advised accounts?
IIRC, customers who use Schwab advisory services are asked to keep a fairly large
amount in "…
These questions were very subjective.
I did not strongly agree or disagree with quite a few.
My best fit was "Establishment Liberal."
After reading the typology descriptions, it seems that a combination of
"Outsider Left" and "Establishment Liberal"…
GSIHX was mentioned in Morningstar FundInvestor (February 2024).
"Led by manager Rajiv Jain, Goldman Sachs GQG
Partners International Opportunities has continued to
build upon its strong record. Over the 12 months
ended January 2024, the fund’s…
Hank,
I also remember the dot-com bust and preceding period well.
Tech stocks were bid up to extremely high levels and exuberance was off the charts.
Many "investors" believed it was easy to mint money and some even quit their jobs to become day tr…
Back in the late 1990s, most Internet stocks had no earnings and no viable plan on how to turn a profit. So it was really a unique situation where valuations didn't seem to matter. Traders just bid up any old garbage with ".com" attached to the nam…
@PRESSmUP
GQG Partners was founded in 2016 and had $120bn AUM as of 12/31/2023.
Total assets for the GQG Partners International Opportunities Fund accounted for $34.46bn.
Rajiv Jain has performed admirably as an investor.
I considered investing with GQG but "key person risk" in Mr. Jain is a real concern for me.
Also, the firm's AUM has grown tremendously over the past few years.
The Week in Charts (02/05/24)
The most important charts and themes in markets, including...
00:00 Intro
00:20 A Blowout Jobs Report
02:45 Say Goodbye to the March Rate Cut (FOMC Meeting)
06:54 A Year of Central Bank Easing
08:38 Money Making Machin…
This decision really depends on the individual investor.
Actively managed funds may underperform the broader market
for several consecutive years and returns could be "lumpy."
For example, VPMAX lagged the S&P 500 and Russell 1000 indexes in 201…
This was a good interview where I learned more about the Primecap's team operations and philosophy.
Thanks for posting!
I completed a Vanguard survey earlier today and the firm apparently is considering reopening
the Primecap and Capital Opportunit…
I don't think any country will be exporting deflation to America in the near future.
Recent nearshoring and onshoring trends are inflationary (and not just for the U.S.).
The combination of an aging labor force and short-sighted immigration policie…
The Week in Charts (01/28/24)
The most important charts and themes in markets, including...
00:00 Intro
00:17 What Tends to Follow All-Time Highs?
05:15 Will Small Caps Have Their Day in the Sun?
10:28 New Member of the Trillion Dollar Club
17:17 T…
"Dropping off the mail into the mailbox minimize the risk of stolen mails"
@Sven - be aware that in a number of major city locations, including the San Francisco Bay Area, thieves have acquired keys to many of the local drop-off mailboxes. They hav…
I seldom write checks anymore.
My average annual number of checks has been ~6 the past few years (property tax, vehicle registration, dentist).
An online bill payment platform is used to make the vast majority of payments.
I purchased Uniball "207…
I've been contemplating down markets as we make new highs in some areas of the market.
[snip]
Long term treasuries have historically appreciated during periods of equity down turns. This was not the case most recently as we witnessed both equities …
The Week in Charts (01/21/24)
The most important charts and themes in markets, including...
00:00 Intro
00:24 Is the War Against Inflation Over?
03:30 Signs of Cooling Inflation All Around
05:16 Early Read on January CPI
09:59 Is the Fed About to M…
No matter how you tweak it, it seems to me the key is to have enough $ in stable value investments ( ie cash and/or short term bonds) to avoid having to sell during a prolonged down market just to get money to live on.
[snip]
I totally agree.
The …