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.
Pentagon Probing Kelly
Talk about mixed feelings. I would not have done what Kelly & team did. It is fractious and serves no good purpose other than elevate the temperature. U.S. soldier know the law. But, I respect Kelly and his colleagues …
The Constitution alone is not adequate to deal with a president as evil as Trump’
I’d insert “alone” in Cobb’s statement and believe that is what he meant. The Constitution is a piece of paper outlining future conduct. In that respect it may be se…
Fidelity’s cuss service is slipping a little. Sad to say. Recently a “corporate action” resulted in my having 2 (near identical) positions in my CEF basket. The fund was SWZ which had sent me an “offer” involving a corporate restructure. (I had 2-3 …
It’s getting nasty even in first class which I always take. Recently a guy boarding rather late pulled my carry-on bag out of the overhead bin directly across from me to put his larger suitcase in. It was a E 175 regional jet which is fairly large b…
So, no MAGA hats or weird trump t-shirts?
I haven’t seen a lot of them on flights or while in airports. Many MAGA folks round here are destitute, living hand to mouth, not likely to travel far. I think the “hat thing” is more for them - to distrac…
@hank: Wow. Did the markets turn on a dime today. We’ll see if it lasts.
Um....the markets are in a bipolar state, tending toward nonsense. Stunning shift in attitude today.
Agree. And I think it’s overly-simplistic and non-productive as an invest…
I hope this article is relevant to the discussion. I’m only familiar with the kind of cockroaches that invaded a once inviting Marathon Fla. hotel a decade ago. Haven’t returned since.
Sorry. The article surfaced in Chinese. Trying to locate bette…
The ability of engineers to conceive of and build things like this always amazes me. And the scale needed to make it profitable. My mind can’t comprehend. Windmill generation is big in Texas - a boon to the economy - while MAGA trashes renewables.
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Winning, as it relates to investing, means having the financial means to achieve your goals.
Beating some arbitrary benchmark is irrelevant.
To some extent the goals can be modified as return dictates: Less expensive motor vehicles, shorter vacati…
”our guy says we are doing great "
That raises an interesting question. Assuming this is for someone in retirement, what would ”doing great” mean YTD?
Someone sitting 100% in cash would think 5% YTD is “great.”
Playing in longer dated CDs ……
I’ll bet that dude is making a big donation to the ballroom. Damn, I wish FD1000 would tell us exactly what we common folks need to do to make a donation and thereby join the ranks of these “select” individuals.
No. $39.64 is what I bought the stock at. But it’s worth 2-cents less now. It’s one of the last beers I’d buy or drink. Haven’t bought any in years, but if folks want to pay $39.64 for a case that’s just dandy with me. Go to it. While I added this…
Yes. I know people who gamble in the traditional way. I do not. Except in the stock market, where it is practically assured that I win in the long term. And I have the statements to prove it! lol
I assure you your odds are better than they would be …
You may love or hate Gundlach. I really enjoyed the interview in spite of the goofy show-off Bloomberg pair. But G firmly believes the dollar will suffer long term as the Admin “preps” for the election with more stimulus and also as the Fed moves …
@hank. Don’t you think we put the time into this stuff for more than just the possibility of extra profit? I hate to say it’s for fun or pleasure,,,, but we enjoy it in some perverse way.
It’s either a game or an addiction. Perhaps both.
A very good near life-long friend (since college days) got me interested in investing 40+ years ago. He was far ahead of me then. So I’m ever grateful. We much more enjoy talking about fishing, travel, sports when together. We don’t dwell on inve…
Gundlach has been bearish for a long time. But even a broken clock is right twice daily.
He claims to have a batting average of 700 (70% correct calls). Not as good as FD, but pretty good if true.
Breaking News - Summary from Bing’s AI:
” Lawrence Summers has stepped back from all public commitments, including teaching at Harvard University, following the release of emails between him and sex offender Jeffrey Epstein. On November 17, 2025, S…
AUM would be expected to fall across the industry in a bear market as investor assets fall in value. So, to some extent, performance of these firms may reflect investor sentiment about future direction of the markets and prospects for recession or a…
This is really just nothing until the "all at once" phase begins.
Good one. Another line from 1929 - originally a Hemingway character I believe.
When’s the last time anybody referenced the old investment idiom about “blood in the streets”?
Ya, well. TROW has it coming. Service to clients fell into the toilet long ago.
I’d question how much fund houses / brokerages trade on service. Indirectly, yes. But my reading suggests it’s mostly about AUM and the direction of fund flows - in or o…
I recently rewatched the original Godfather + two sequels. Superb viewing. And a much more competent and principled bunch than what we have running things today. Brando of course excels.
Brokerage / bank / financials getting smacked today. TROW o…
My 1-cent worth. I’ve never seen a more bifurcated equity market. There’s the hot stuff the crowd, momentum funds and algorithms keep chasing. On the other hand there’s deep value, including many small & mid cap that nobody wants at any price. …
@FD100 - Have you ever mentioned “trend following” by name in any of your previous posts or recommended the best current trends to chase follow for the benefit of members who read you?
There are successful trend following funds. I have 5-6% so i…
