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.
Yesterday I discovered the following performance for the first time.
Taj Mahal performs "Ain't That A Lot Of Love" from The Rolling Stones Rock and Roll Circus.
https://www.youtube.com/watch?v=bpKPhsC9Nnw
If it's not one thing, it's another.
The corruption, sycophancy, and malfeasance in the current Trump administration is staggering.
Is it any wonder that his government can not deliver positive results
for the average man or woman in the U.S. who is…
Van Morrison performs "Into the Mystic" from the Moondance album.
Moondance is one of my all-time favorite rock albums.
https://www.youtube.com/watch?v=9_X-NI-rTco
"The newsletter also highlights a survey by the American Association of Individual Investors.
Stocks’ six-month return was highest when the spread between self-professed bulls
and bears was most sharply negative—in other words, when respondents were…
"It’s the end of an era for Berkshire Hathaway as Warren Buffett prepares to step aside as CEO.
Investors shouldn’t worry about the change—in fact, they should welcome it."
"Buffett fans might not like to hear it, but the CEO transition is coming a…
Here's yet another example of Trump helping "little guys" again!
What would we all do without his extraordinary benevolence?
"In December 2024, the U.S. Transportation Department under then-President Joe Biden
sought public comment on writing rules…
Related post from yesterday...
Excerpts from Heather Cox Richardson's Letters from an American newsletter.
"The House got down to business this morning after a 54-day break to work on the Senate measure to reopen the government. Democrats on the …
"President Donald Trump on Friday said he will ask the Justice Department to investigate Jeffrey Epstein's
alleged ties with U.S. bank JPMorgan (JPM.N) and prominent Democrats, including former President Bill Clinton,
as the Republican's relationsh…
"In December 2024, the U.S. Transportation Department under then-President Joe Biden
sought public comment on writing rules to require airlines to pay $200 to $300
for domestic delays of at least three hours and up to $775 for longer delays."
"Pres…
Great to have stuff to enjoy like this: after throat surgery, I can't speak for 5 days, coming up.
Wishing you for the best for a quick and full recovery!
The Week in Charts (11/10/25)
The most important charts and themes in markets and investing...
00:00 Intro
00:19 Topics
01:18 Why Is Buffett Holding So Much Cash?
05:18 The Longest Shutdown in History Is About to End
08:09 The Highest Beat Rate Sin…
"Trump is moving to immortalize himself with his name etched into coins,
carved into pediments, and inscribed into White House marble.
He wants to glorify himself in the most permanent ways possible."
"This is what fascist dictators do when in powe…
Excerpts from Heather Cox Richardson's Letters from an American newsletter.
"The House got down to business this morning after a 54-day break to work on the Senate measure to reopen the government. Democrats on the House Committee on Oversight and…
More good choices
A special cover of Warren Zevon - I appreciate the connection between Zevon, Vedder and Letterman
Beautiful song!
You may know that David Letterman delivered a heartfelt induction speech
for Warren at the Rock & Roll Hall of F…
Warren Zevon was inducted into the Rock & Roll Hall of Fame several days ago.
One of his lesser-known tunes titled "Mohammed's Radio" was captured live
on the Stand In The Fire album.
https://www.youtube.com/watch?v=N75XPsa6qY0
LOVE that one! R…
"ISTM Munger & Buffett liked to shift more into cash when markets seemed frothy.
A form of timing."
I can't speak for Munger and Buffet's cash strategy.
Some investors hold cash if they can't identify any investments which meet their criteria.
"FD, you came to OUR COUNTRY, used it to your advantage to make your money,
and are now enthusiastically cheering as Trump and his minions destroy everything
that this country has stood for for 250 years."
"FD, PLEASE JUST TAKE YOUR DAMNED MONEY AN…
"Interesting though, in that while some financial advisors insist that no one
should have more than a small number of funds, the M* 401k has quite a few."
Morningstar's 401(k) lineup includes Vanguard's entire Target Retirement suite.
Mr. Kinnel me…
Warren Zevon was inducted into the Rock & Roll Hall of Fame several days ago.
One of his lesser-known tunes titled "Mohammed's Radio" was captured live
on the Stand In The Fire album.
https://www.youtube.com/watch?v=N75XPsa6qY0
I previously owned RLBGX in my employer's H.S.A. plan.
CGBL is an interesting fund which is somewhat similar to RLBGX.
I may use CGBL in my H.S.A. account (now at Fidelity) sometime in the future.
But it's not really a global fund.
The following dat…
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1999, the Gramm-Leach-Bliley Act, or the “Financial Services Modernization Act,”
was signed into law by President Bill Clinton, essentially repealing the Glass-Steagall Act of 1933,
whic…
...Then you have the question of what quality is BBB nowadays.
This is merely anecdotal, but what I hear over and over is that even below BBB-rated Junk these days
is generally of better quality than it once was, particularly leading up to the GFC …
Forget about Bitcoin!
Don't bother with silver or gold bullion!
The Franklin Mint is proud to present The Donald J. Trump Sleepy-Time Commemorative Coin Collection.
Each magnificent coin comes with a certificate of authenticity and is available for …
"I definitely lean towards 'maximizer', up to the point where 'perfect becomes the enemy of good enough'".
I also tend to be a "maximizer."
I am trying to lean more towards being a "satisficer" but this is not easy for me.
LOL!
"Can he restore their credibility, reputations, or everything that they lost by committing those crimes? Nope."
This reminds me of a comment that David Brooks made on the PBS News Hour.
I'm paraphrasing here — President Trump degrades everyone that…
"Imagine anyone else blathering like him, and their supporters pretending not to notice!"
I don't have to imagine this — unfortunately there are plenty of examples!
FD1000's pathetic behavior exemplifies the situation.
President Trump has taken a liking to calling his predecessor "Sleepy Joe."
Yet, he is guilty of sleeping on the job much more often!
He's the "Dozing Don."
"He spent Biden’s entire presidency calling him ‘Sleepy Joe’. Still does.
But this guy nods…
President Donald Trump is obviously mentally incapacitated and incapable of leading this great nation.
Why has the media refused to discuss this crucial topic?
"When responding to a question about his mental acuity,
he confused a dementia screen…
