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.
Rieder is a well known media celebrity - and a smart fixed income manager. If selected it would probably be with the thought he could serve as market cheer leader as they pull out the stops to keep the pig flying another year. But if he accepted t…
I haven’t held a true “equity fund” in ages. I like hybrid funds. But, no. I’m not adding to equities! My very good long-short fund (CPLSX) has been falling of late. That’s a sign to me that markets (especially U.S. equity) are overvalued and wil…
”It sure was a fine example of an Emily Litella rant.”
Thanks for the clarification. I thought perhaps a parody of a half snockered Fox News personality.
“pity party”? LOL Just pitifully piddling verbage
LOL - FD doesn’t know what half the words mean in the garbage he posts nowadays. Are we supposed to believe he’s a successful investor? Dang!
@Mona nailed it.
Glad I didn’t stay up for the end. That was a weird looking pickoff play for sure. Never seen or heard the likes of it. ISTM the ultimate responsibility is with the base runner, late call or not. Often a batter will toss the bat and begin walking to…
Spot on @Mark. Politics aside, this is not FD’s writing. But it’s not something in the current press either as far as I could tell. (Does sound a lot like Tucker Carlson to me). I ran it through a text analyzer and an AI detector. The text analyzer…
Just checked. I remain signed in which is the normal setting. Youf situation sounds odd. Haven’t had issues with M* sign in that can recall. Good luck.
Not meant to disregard the good precautionary advice. I’d be wary too. But it occurred to me there may have been recently added to the card some “rewards” which in turn might constitute taxable income. So the request for a SS number might be for t…
No way to know because every crisis or bear market is different. With bond (“income”) funds I always look at the M* “portfolio” section which shows the % breakdown of the bonds held from AAA (top grade) thru BBB (lowest investment grade) down to …
The Detroit Lions moved to Pontiac, a city 31 miles away, sometime around 1970 when the Silverdome opened. But for some strange reason remained “The Detroit Lions.” Then the Silverdome was ripped down sometime around 2000. I don’t know where the…
Losing my short-term memory of the news du jour might make my last years easier.
Maybe I should be looking at something to dull the brain?
Appreciate the insights. I was fairly certain @Old_Joe hasn’t been using anything. :)
My doc gives me stuff…
All of us could benefit from a rereading of Orwell’s 1984. What I remember most is that the “enemy” kept changing. One day they were at war with one country and the next day it flipped and they were at war with another. I think the citizens became…
@hank: Did you see all world Wamby?
Watched Wamby play for the Spurs a couple nights ago. Bet a few cents on his team (favored) and won a bit. The guy is 7’5” tall. It’s a wonder he can even walk at that height. Main value seems to be in reboundin…
Here’s a cut & paste from the Technical thread I started an hour ago. Really weird. Has some “far right” org. hacked us?
“After I posted in the inflation & other thread, the post seemed to disappear completely. So, I re-wrote and repos…
Those (inflation) numbers do not comport with my own experience. It feels greater than what the BLS has published. Some time ago I cited a replacement window identical to one purchased 7 or 8 years earlier. The price had jumped from $400 to over $70…
“Did you guys listen to it?”
Yes, I listened to the first 50% of the video - about 20 minutes worth. Somewhat familiar with Housel having purchased and listened to one of his audio books a year ago. And I caught a recent interview Meb Faber did wi…
Housel says he’s betting to come out ahead 50 years from now on today’s investments. Must be nice.
It sounds pretty recent @Crash. He talks a good line. And his books sell. Not my cup of tea. But many find him inspirational. :)
Some bio on Hous…
”Remember that at 2% inflation it takes 5 years to lose 10% of purchasing power, still a problem for those on fixed income. But at 3% inflation, the same 10% purchasing loss occurs in around 3 years. A significant difference.”
$100 now equals $90.5…
@hank in what way are you prepared for such an event? "Inquiring minds want to know."
I’m flattered you should ask @Crash. :) Who can prepare? One doesn’t know what path the next financial disaster will take. Runaway inflation or deep recession? …
”But, the GFC was pretty darn bad. How many years before markets got back to previous highs? 4-6 years, maybe.”
I was young and foolish in ‘07-‘09 / Threw money at it. First gradually and later all at once. By early ‘09 I’d moved 80 or 90% to int…
From the latest Barron’s:
Article - ”Stocks Could Climb Through 2026, According to Our Latest Survey of Money Managers”
... Watch Bloomberg and you might conclude, depending on the particular day. it’s either raining cats & dogs or the sun…
From the latest Barron’s:
Article - ”Stocks Could Climb Through 2026, According to Our Latest Survey of Money Managers”
I’ve been listening to 1929 late at night before falling asleep. So have only digested 2 or 3 chapters - with glimpses into la…
The gold miners ETF (GDX) has risen 117.6% YTD, 72.5% over the past year and 49% annually for 3 years
The more subdued gold etf (GLD) is up 56.4% YTD, and has risen 51% over 1 year and 35% over 3 years.
I can’t think of any other asset class …
@hank: Did you see all world Wamby?
Can’t recall seeing any Spurs games recently. So probably haven’t seen Wamby. There was another 20 year old who was excellent in a game I watched recently. Think it was one of the two NBA games watched last night…
https://www.cnbc.com/2025/10/23/nba-billups-rozier-sports-betting-arrests-gambling.html
How long will they have to wait for pardons from the Orange Felon?
Probably about when the Ballroom opens so they can be guests of honor.
Don’t know if relevant, but the WSJ yesterday had an article saying the average price of Health Insurance for families now tops $27,000 per year. But, from the included graphic it appeared that employers pick up about 60-70% of the premium on avera…
I’m struck that a (presumably short-term) “tenant” would be allowed to rip apart / dismantle a domicile on loan to him.
And surely to be called "The Trump Ballroom” …
You read my mind @Old_Joe. Scary.
Actually, the entire East Wing will be torn down. Is the Statue of Liberty next?
By some accounts the ”ballroom” will be larger than the White House. Only FD could approve.
Thank you. @Crash. Sometimes I just feel like unloading. Must be age related. (Err … maybe TDS.) I do enjoy a lot of what Bloomberg puts on. Yes. The old man picks some good lookers. Hopefully somebody else knows more about the recent cyber attac…
Lots of hype on BB. I subscribe to it and the WSJ. The WSJ is much better. Bloomberg should be running a momentum fund. They’re very good at conveying the idea that whatever is moving today is the way to invest. Sorry to hijack the thread. A day …
