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.
@Scott: "political discussions on this board rarely ever go well." That's exactly why politics and religion should not be part of a Mutual Fund Discussion Board. There a plenty of social media websites for that.
Regards,
Ted
@John Chisum: I own Apple through two funds, SPY 3.94% of fund, and QQQ 14.22 % of the Fund. As I stated in a previous message , don't get to excited by their watch, search engine 'Spotlight' or music app., APPL is still all about phones.
Regard…
@VintageFreak: Managers acquired Fremont in 2005, and then AMG acquired Managers. PIMCO is located in Newport Beach CA
Regards,
Ted
http://www.thinkadvisor.com/2005/01/24/managers-acquires-fremont-funds
http://www.prnewswire.com/news-releases/…
@Lewis: I simply was quoting from your article which I believe is generally true about the attitude of many Greek's toward work and leisure. I believe I'm entitled to my opinion !
Regards,
Ted
P.S. Please stop calling me a cyberbully
@MFO Members: I couldn't agree more with Lewis's article link.
Regards,
Ted
" The Greeks are lazy. Like their neighbours, the Italians and the Spaniards and others in southern Europe, they prefer leisure and fun to hard work.” “The Greek worker sh…
@noeld: Rainier Funds home base is Seattle, SA Funds located in San Jose, and San Francisco, close to Silicon Valley, is home to Dodge & Cox Funds, RS Funds, and Parnassus.
Regards,
Ted
@joJo26: Suggest you direct your question to Old-Skeet who is attempting to get in the Guiness Book of World Records by owning the largest collection of mutual fund sleeves in the history of mankind.
Regards,
Ted
https://www.youtube.com/user/Guinne…
@MFO Members: Let's wait and see how U.S. Markets react come Monday morning. I venture to say there will be little if any impact. Greece is a side show , and as I stated in a previous discussion on the subject, should not impact your investment …
@Shostakovich: You should be happy they didn't return your call. A peer-to-peer CEF is the last thing you need. If and when the fund ever gets off the ground, it will be only a matter of time before it appears on Ron Rowland's ETF Death List.
R…
@MFO Members: Chinese Stock Plunge Leaves State Media Speechless !
Regards,
Ted
http://www.bloomberg.com/news/articles/2015-06-26/the-loudest-voice-in-china-s-stock-market-is-changing-its-tune
@Charles: It wouldn't having anything to do with the fact his books aren't selling ?
Regards,
Ted
2/24/15: Free Book:
http://mebfaber.com/2015/02/24/global-asset-allocation-a-survey-of-the-worlds-top-asset-allocation-strategies/
@MikeM: I promise this will be the last time I engage MFO Members over the number of funds they own. If their happy with the number of funds they own so be it. Through my links I try to help educate investors to the pro and cons of fund investing…
@davidmoran: Which has a better chance of enhanced returns, a portfolio of ten funds, or one of 50 funds? The more funds you own past a reasonable point brings in the law of dimishing returns. Once again, the more funds you own reduced returns ar…
@Old_Joe: The difference is that the ER for Old_Skeet's fifty-one funds is not the same. For every additional fund Old-Skeet owns the chances of reduced returns is exponentially increased. From 2009 through 2014 the S&P 500 Index has had an a…
@Old_Skeet " Total number of mutual fund investment positions equal fifty one."
Oh ! how those fund companies love you. Have your ever total up your yearly cost in fees. $$$$$$$$$$$$ that should be in your pocket !
Regards,
Ted
@Sven: You make an excellent point. Biotech Funds have had superior performance for over ten years. I bought FBTCX eighteen months ago and its up 70% over that time frame.
Regards,
Ted
FBTCX Long-Term Performance;
http://performance.morningstar…
@Scott Some creditors have rejected the Greek proposal. Talks with Greece have not broken down, meeting with Tsipras still going ahead: EU official. Let's not jump to conclusions with a meaningless headline.
Regards,
Ted
http://www.bloomberg.com/…
BenWP: In theory your are correct ; however, don't hold your breath waiting for the vast majority of CEF's to narrow the discount closer to the NAV. Most narrow and then widen the discount never reaching NAV. For your information here is a list o…
@Scott: THQ is way behind YTD performance curve compaired to other health care ETF's such as Tekla's HQL. In a CEF, discount to NAV means nothing, you stand or fall on Market Price. The only time NAV means anything is if the fund is liquidating.…
@Mark: When The VICE Fund first came out during the FundAlarm days, I called it the 4B's Fund, Booze, Broads, Bombs, and Butts.. Low and behold the VICE Fund Manager at the time starting using the 4B's when referring to his fund in several inter…
@Mark: Just For You !!!!
Regards,
Ted
Socially Responsible ETF Investments That Would Make The Pope Proud:
http://www.etftrends.com/2015/06/socially-responsible-etf-investments-that-would-make-the-pope-proud/