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.
@royal4, @wxman123
You’re both right. Both MSNBC and Fox are highly slanted towards their greatly polarized audiences. To me that’s reprehensible. More so when you realize networks have long used instant (sample) viewer polling / feedback which te…
Anyone who would call our independent press “the enemy of the people” would seem to fit that definition. Kill free expression and you’ve killed democracy. The first thing dictatorial regimes do upon seizing control is replace the legitimate media…
Thanks @LewisBrahm. I was just testing to make sure you’re paying attention here. :)
Suspect Wyoming is an extreme example. Not sure if any agriculture even grows there. At least California produces veggies, fruit and some world class wine. Surel…
I say “Thank God” for the fact that we still have the electoral college and each state conducts polling independently of the federal government. Just imagine a “National Bureau of Elections” with an “Election General” appointed by Trump. Yes, folks …
Well, I’ve had the damned mute on for a half hour now (Bloomberg). He won’t stop talking. Said something about “12 more years” just before I hit the mute. So, Where in H is this show taking place? I thought they said Charlotte today. (?) But di…
Miners sagged Friday and were off as of noon today. Slipped a really small amount of $$ into OPGSX today to bolster the existing small amount. It’s no longer part of my normal allocation, as the price rise has been too steep this year. Now just …
Speaking of dark paths (Anna’s post), I’m beginning to think that as a species humans evolved to be very suspect of anything they see or hear. So our basic inbred instinct is to disbelieve / even distrust what our very eyes tell us. A lot of animal…
WABC said, “Mackinac Island? Cold as San Francisco on a summer day. We have the sweatshirts to prove it.”
Well, it’s an island situated in the northern great lakes (actually the Straits of Mackinaw). These waters are ice-covered nearly half the yea…
Don’t overlook Michigan’s Mackinaw Island for a short sojourn. I know folks who stayed overnight at the historic Grand Hotel and loved the experience. But even for a 2-3 hour visit it’s a pleasant getaway. A 15-minute ferry ride from mainland. No a…
@hank, I think you make very good sense, but here's another option: continued strong earnings from the tech giants due their monopoly power + unlimited liquidity from the Fed + TINA + big fiscal stimulus from a Biden administration keeps this curren…
I find myself agreeing with Jim Cramer here ... which happens, from time to time.
Remember the irrational exhuberance going into the Dot Com Crash (Pets.Com!), the Housing Bubble (5 houses on NINJA loans!), and now this.
Remember when you start s…
@Derf,
One theory advanced by some is that what you observed is a reflection of people chasing the indexes / index funds higher and higher. (Call it “The elephant chasing his tail” syndrome.) So, while several indexes were propelled higher by ind…
Slow thinker, but I’ve had an idea. How about keeping things pretty much as they are but requiring posters to label clearly on the topic line that the thread is political in nature.
Like this : Biden Campaign Contributions See Record Inflows - …
Again, I do not think that @Old_Skeet or anyone else should be faced with a headline here on MFO such as "More from the Orange Abortion at 1600".
Well said and thank you OJ. I vaguely referenced that as well in my earlier post but “butchered“ the …
Thread is getting hard to follow. To clear the air, I did write “And for the benefit of a few, please know that when you criticize others harshly for their political choices or engage in name calling of their candidate of choice all you do is back t…
I wasn’t talking about sources. I’m talking about calling other board members stupid or characterizing their viewpoint as misguided / irrational. I’m talking about putting a thread up labeled “The Orange Abortion.” Of course false information needs…
I’m not at the anguish point. Just a mild depression that set in on Nov. 9, 2016 while visiting London after first hearing the election result. Had one more play to attend before returning home. It was the children‘s comedy “Matilda“ It was highl…
Somewhere where there’s art, history, live theater, etc. I’ve come to the conclusion late in life that man made beauty far exceeds natural beauty in its rarity and impressiveness. As far as we know, this is the only place in the entire universe wh…
“If people are bored, maybe they need to find something else to chat about in the off topic forum.“
Bored? Oh Yes. Of hyped-up charges and counter charges by supporters on both sides, of one-sided loaded “news“ stories in once respected publicatio…
- I may have started all this with my “Biden’s VP Pick” thread last week. It was intended as a guessing game - just for fun. I thought it would remain civil and end relatively soon. I’m so sorry. Using the forum for frequent partisan debate doesn’…
“Warren Buffett’s Berkshire Hathaway Inc. added Barrick Gold Corp. to its portfolio in the second quarter, sending shares of the world’s second-largest miner of the metal surging.”
According to the above excerpt from John’s article, the purchase wa…
Keep it civil. Remember the wisdom of Desiderata ...
“As far as possible, without surrender, be on good terms with all persons. Speak your truth quietly and clearly; and listen to others, even to the dull and the ignorant; they too have their story…
Thanks for the tip OJ. Just checked. Unfortunately No. Walmart and Target do. Minimums are $25 and $35 respectively. Very fast shipping. Sometimes next day. But both are restricting more popular items to in-store purchase only. There’s a Costco in…
Doing more shopping online for staples like canned goods / detergents / dry packaged food products. But dang it. ... Many items the big chains refuse to ship (ie currently Ghardelli chocolates) and some of what they will ship (ie canned fruit) is p…
“Is this in reference to Dodge & Cox?“
It would seem so. Franklin Templeton is headquartered in San Mateo, 20 miles from SF, but I believe it to be publicly owned. D&C of course is privately held.
To play Devil’s advocate here ... One r…
Interesting discussion here and in the other thread. My first LED bulbs 8-10 years ago cost something like $25 apiece - very expensive when first came out. Used them for a hard to reach (ceiling) fixture in a new garage thinking they’d probably neve…
@Derf - Great story. We just took delivery of a new larger freezer. But I don’t think it would hold enough hog bellies to make trading profitable.
Thanks @Mark for the explanation. Now you got me wondering is LP (liquified petroleum gas) the same …
Re: “ BRCAX as a ton in cash ! Prnex looks to have some upside.”
@Derf - That’s a byproduct of their methodology. I can’t speak for all commodity funds, but a good many hold high levels of cash and bonds. Sometimes you’ll even see a figure like 1…
@Mona - Gundlach is nothing if not self confident.
It’s going to be very close. The current WH occupant knows how to pull all the “right“ strings. Always one step ahead of what we thought was the “final” limit to his audacity. Wow. Just keep sus…
@Derf. I’ve never owned an energy fund. I’d be afraid of such concentration. If I had to go into something new today I’d consider a broader based commodity type fund like PRAFX (ER .81) which will get you exposure to energy, real estate & a lo…
@John. Could you explain the difference between wet gas and dry gas? Which is better?
Natural gas has been DOA for a number of years. Trading just over $2 today. I’ve gleaned lately that one reason gas and oil often run in opposite directions…
... She will mop the floor with him.
She probably will if she can stay away from those damn canned catch phrases and talking points - which is about all poor MP knows. Problem is, there’s always the temptation to resort to them.
Thurber: “Don…
“The fund’s management fee currently consists of a group fee component that declines at certain asset levels and is calculated daily based on the combined net assets of all T. Rowe Price Funds (except the funds-of-funds, TRP Reserve Funds, Multi-Sec…
Thanks David for sharing those reports. Doesn’t surprise me. Bill Fleckenstein’s usually reliable site is down today due to a power outage as well. (Not sure where he’s located.) A big-time gold bull for sure. So I’m unclear whether it was the weat…
