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.
-17% today as of 2:50 PM.
Genius at work.
Wasn't it "Super Genius"? No, wait - that's Wile E. Coyote. Ah, yes, he is the self-proclaimed "stable genius".
Next stop - $18.
Can he also lead an insurrection to the Nasdaq exchange - is there …
What's a "TV Guide?"
To clarify for those who aren't old, a TV Guide is a weekly magazine that kept you up to speed on the latest details for complex sitcoms such as "Three's Company" and "Mork & Mindy". TV Guides may still be available at yo…
Thanks @Edmond. I was just going take a peek , & guest I'll check on PRCFX.
DOWN .8%.
On that day, both equities and bond indices took a hit (approx. -1%). Allocation funds like PRCFX cannot be expected to weather that type of storm as well …
Started small DHAMX position - 10 years up, 2 down (but both small losses). Solid returns.
The Fund may employ hedges and other capital protective strategies when deemed appropriate and may try to enhance returns by writing (selling) out of the m…
Per the Abraham Fortress website: FORTX
Equity
40-60% exposure in equities comprised of stocks of issuers of any market capitalization in the United States, and/or outside of the United States, and derivative instruments such as futures, options o…
I can still recall the Columbia record deal insert from the weekly TV Guide. It was something like "$.01 for 10 records". You later had to buy 1 additional album per month for life at approx. $14 each - that was a lot back then. In those days, …
"Markets like this, whether held aloft by hope, euphoria, or (ir)rational exuberance, do tend to return to earth at some point. If opportunity is knocking today, we’ll answer the door with a smile. What we won’t do is join the pilgrimage to the top…
Along with MRFOX, my new Schwab Employer sponsored brokerage account allowed for TRAIX (TRowe Price Capital Appreciation) purchase - I could not believe that the transaction went through. Also bought a spot of MAFAX.
Schwab has some good mutual …
All this love for QDSNX...kiss of death. It finally had a down day. Let's see if we are still enamored with this fund a year from now. Hopefully that low SD continues via it's diversified holdings.
Thinking of pairing it with PRCFX to see if a …
As luck would have it, we have a pension plan option with Schwab, which I initiated to be able to buy MRFOX. Schwab has some of the widest fund offerings, and with low minimums.
And y'all getting squirrelly about a bullshit stock
DJT stock is a microcosm of Orange man's world. He belongs in an orange jumpsuit, but will delay trials just long enough to have a shot at immunity.
A clear and present danger.
@fred495, to add to the conversation and add to your post, which I think is a good one, I'm wondering if others, especially those near or in retirement, own or are looking at alternative type 'absolute return' funds in their portfolio. I actually li…
WSJ: At Close 4:00 PM EDT 04/05/24
$40.59
-5.56
-12.05%
:)
So much winning....
Investors will eat those realized losses (when they eventually sell) - that's the tax "gift".
And they will like it.
Among the fund I own, VSMIX, PEY, FSUTX, IYK, USFR, and VRIG had positive returns for 2022. I add that year to one of my views at M*.
Added for clarification: All of the utilities, and most of the consumer defensive funds, I monitor were in the g…
What do QDSNX and PVCMX (and BLNDX) have in common?
They all managed to net positive gains for investors in calendar year 2022, a feat not accomplished by many mutual funds. Even bonds were beat down in 2022 - only commodities were in the green.…
As a quant manager, AQR has not had the best track record this past decade. AQR stuck with their convictions during tough times, and many of their funds took a major hit, badly underperforming for stretches. They have had heavy portfolio manager …
Lawsuits filed.
The media company that Donald Trump recently took public is suing its co-founders, accusing them of failing “spectacularly” to get the company off the ground and then trying to “thwart the deal.”
Moss and Litinsky failed “at every t…
SALES: Sold various equity funds/equity ETFs to lock in gains and take the market risk down a notch.
BUYs: Starter position in PVCMX. Adding to PSFF & FBALX.
Trending towards boring and safer.
Q must be up to his old tricks again, because DJT is up today while all the other numbers on my screen have turned a deep RED. Each and (almost) every day for months now, they had appeared GREEN.
His powers are mystifying.
Down 20% today......lol
Oh, wait - maybe this is why? "...it had a net loss of $58M in 2023 on $4.1M in revenue."
When regulators inquired about Truth Social’s number of signups and users, the company pushed back, and ultimately disclosed only …
He does not belong to any party but to himself.
This.
I don't view him as a politician. If he could anoint himself King, he has made clear that he would like to do so. None of our laws should apply to him - he should have total immunity?
Ha…
Mike, it's probably a good idea to avoid politics here. But at the same time, we are having a little fund with this 1 "polarizing" figure. I don't see evidence of cruelty or bitterness. And when you pull as many stunts as this guy has, maybe he …
I think if you have a longer-term time horizon, a fund like this can pay off nicely. He looks like a champ if/when the market corrects heavily, and a chump if we just glide higher and higher for years to come.
I can respect the patience and disc…
Hi, JD_co.
To be clear, Mr. Cinnamond doesn't "time" and doesn't change. Not in decades. He's among the most rigid of the absolute value guys. He's got his standards for what's worth owning. If there is not a single stock that meets those standard…
Donnie needs DJT's stock price to be "high" six months from now in order to properly fleece the "shareholders" and start cashing out legally.......unless he changes the charter via Board action (upon which I believe his son serves). But then he wo…
It will be fascinating to watch this unfold. Meme stocks have proven resilient for periods of time, and then it often falls apart.
Purchases of DJT are really "donations" in my eyes. If you buy now and hold long-term, you don't expect to get yo…
Don't know if the bull market needs the extra cash:
"Since 1950, there have been 30 five-month streaks in the S&P 500, including the most recent one, along with another streak that ended last July. In all but two of the prior 28 cases, the S&am…
Buying DWAC in large quantities.
I want it all to myself, so please refrain from buying. Plus, what a great way to support a fella that has gone through 6 bankruptcies, though is touted as a great businessman.
I asked my advisor at Fidelity whether it is possible to make MRFOX available at Fidelity.
FWIW, I also submitted another request to add at FIDO just now.
Bears get worn down when the market moves up so smoothly and consistently.
From Nov-2023 to March-2024, the typical equities index chart is pretty much a straight line from "bottom left to upper right". Not exactly parabolic, but impressive.
W…
