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.
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1999, U.S. District Court Judge Thomas Penfield Jackson found that Microsoft
was a monopoly and the Justice Department initiated plans to break it up.
The following trading day the stock…
The following PBS News Hour segment suggests some Supreme Court justices are questioning
the president's power to impose tariffs via the International Emergency Economic Powers Act (IEEPA).
https://www.pbs.org/newshour/show/supreme-court-justices-q…
morningstar's star rating imo is a dumpster fire.
VFIAX (vanguard sp500 admiral) is also a 5 star.
VFFSX is effectively the same pool of money. 4 star.
"The Morningstar Rating is based on Morningstar Risk-Adjusted Return,
using Morningstar Risk-Adj…
@Old_Joe,
I don't just think FD1000 is wrong — he is absolutely wrong without a doubt!
Not only is FD1000 FullyDelusional, he is also FullyDisingenuous.
It is telling that Comey's indictment occurred after Trump's social media post called
on Pam Bondi to take action against Comey and other "enemies" of the president.
A career prosecutor overseeing the investigation refused to indict Comey
and resign…
Lewandowski wrote a book?
I didn't even know he could read much less write.
Lewandowski may have relied on a ghostwriter like Trump did for The Art of the Deal¹.
Trump states this is his second-favorite book after the Bible.
C'mon now!
Trump has nev…
Every so often one finds a fund at Vanguard that one can't get elsewhere,
at least without ponying up a seven (or higher) figure amount.
Vanguard offers the least expensive I shares for many Pimco mutual funds
while the more costly I-3 shares are F…
As far as I know, Vanguard's brokerage service does not offer low minimum investments
for high minimum investment funds specifically within IRA accounts.
However, these types of funds are generally available via most (all?) Vanguard accounts.
A rece…
I have heard the name Ry Cooder for decades and never could put a song to the name before.
Reminds me of The Band, The Grateful Dead, JJ Cale and maybe even John Hiatt (a little).
I like it!
I'm glad that you liked the song.
Speaking of John Hiatt,…
Last week, the S&P 500's multiple of sales was at its highest level ever —
including the peak of the dot-com bubble.
The Shiller P/E¹ recently breached 40 for only the second time.
This portends meager S&P 500 returns in the coming years.
…
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1929, an attempt by the New York Stock Exchange to calm panicking investors backfired.
After the exchange said it would open for only three hours a day, an astounding 6 million shares
tr…
"Lewandowski said in his book that Trump's order of two Big Macs, two Filet-O-Fish,
and a chocolate shake would end a long day without eating on the campaign trail (via Business Insider)."
Trump has quite the appetite!
If you happen to be using "Mail" on an Apple computer you can read any email without actually opening it. Under "Mail / File" choose "Save As". This will convert the email format to a TextEdit file, which can be used to read and check all aspects of…
Thanks for sharing your story but don't be too hard on yourself.
Many extraordinary events have occurred this year which potentially
could — and still may — destabilize equity markets.
"The American people have a right to know the full truth about their felon president.
We deserve to see all of the evidence that Smith accumulated and we deserve to see it now!"
Hear! Hear!
John Dickerson has decided to leave CBS at the end of the year.
https://www.nytimes.com/2025/10/27/business/john-dickerson-cbs-news-exit.html
Certainly other CBS reporters will leave voluntarily or be forced out under the new regime.
Walter Cronkit…
Out of Cuba. Chan Chan. Previously popularized by the Buena Vista Social Club. (The film was produced or directed by Ry Cooder. Anyhow, he was instrumental in getting it out to the public.)
You may want to listen to Ry Cooder's Paradise and Lunch a…
The Week in Charts (11/03/25)
The most important charts and themes in markets and investing...
00:00 Intro
00:24 Topics
01:33 Buy in May and Stay
03:27 Active Managers Go All-In
08:19 A Narrowing Advance
12:12 Big Tech, Big Profits
18:50 The End of…
They for sure won't result in more coffee and banana manufacturing plants.
After Trump's actions topple the governments of Venezuela and Colombia,
"U.S." coffee and banana production will increase significantly!
The Weight featuring Ringo Starr and Robbie Robertson.
https://www.youtube.com/watch?v=ph1GU1qQ1zQ&list=RDph1GU1qQ1zQ&start_radio=1
Many Playing For Change cover songs are really good.
I need to exercize caution to avoid going down a rabbit…
Playing For Change is SO GREAT! Here, covering Led Zeppelin.
Zeppelin is one of my favorite all-time bands.
This version of When the Levee Breaks is great!
"MAGA freaks out over the removal of small town statues from the 1950s
that honor people who fought for slavery. They consider them heritage!
But, tearing down half of the WH and replacing it with this monstrosity, seems to work for them."
Oh, the…
There have been a number of manager changes at Vanguard International Explorer (VINEX).
Schroder Investment Management was the sole manager when Vanguard acquired the fund in June 2002.
AUM grew quickly and the fund was forced to close two years lat…
I like a wide variety of music — rock, jazz, pop, blues, folk, reggae —
and often listen to the various Daily Mixes that Spotify makes for me.
Songs from the following artists/albums were listened to recently.
Cannonball Adderley, Something Else
Th…
"But timing is everything and I think morningstar stated that most equity mutual funds
show Investor return to be less than NAV return over 3-15 yr periods because people
buy funds when they've already captured much of the upside over those periods.…
VOO and QQQ (or QQQM) are the only funds I would purchase.
Very liquid, low expense ratios, low frictional costs, and ample diversification.
Active management is nonsense in my opinion.
Passive funds like VOO and QQQ are tough to beat for investors
…
The red carpet is rolling out for Trump across the world — and there’s a reason.
It’s about respect and a desire to do business with America again.
You are misinterpreting events once again!
President Trump is emotionally insecure and he reacts
fav…
Hi @catch22,
It seems like Frankenstein would be a good song to test speaker placement.
Thanks for the link to Monster Slash.
Bob Rivers, a renowned DJ, created many song parodies he called Twisted Tunes.
I thought Rivers created a Monster Mash par…
Western Digital reported better-than-expected quarterly earnings.
Revenue was $2.82 billion which was up 27% year over year.
Gross margin increased from 37.3% to 43.9%.
“'Another impressive beat and guidance underscores the strong demand for HDDs,'…
