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Thanks Yogi. Options seem to be the color of the day. Maybe this new one will do better than TMSRX has - (not meant to imply strategies are the same.)
Thanks @TheShadow for posting this.
.58% ER?
That seems low. Sorry, haven had time to read it all. But wondering if it will short stocks and whether the interest paid on short positions is included in that ER.
For comparison: JHQAX ER .83% (which also seems low to me)
@MikeM - I’m not in Warren Buffett’s league. Nor do I expect, or even hope, the 3 equities I hold (3.33% each) will perform better than Buffett’s Berkshire. So, for those who want to duplicate Buffett’s return, they should put 100% into BRK. …
For those who do like to own individual stocks as a main investment tool to your overall portfolio, have you compared your stock selections to a broad based index fund like the S&)500 for large US stocks or a small stock ETF or a global ETF if u…
If BB Fan means he’s 85% T-Bills that’s pretty conservative. Here: 47% equity / 30% bond / 15% short term and the rest “other”. I’ve always worked hard to keep volatility in check. The equity exposure is mostly through L/S funds & others that …
Did either of you get the sense that Rieder, for all his smarts, was making the best case for his fund with the goal of attracting assets?
Great question @BenWP
Hard to say. What manager doesn’t want more assets? Nearly included in my earlier …
Ben franklin said: ”Experience keeps a dear school. But a fool will learn in no other.”
Sometime in August I revamped my static portfolio, including in it a 10% allocation to a single stock. It’s one of the largest food distributors in the world. …
+1 Yes - Nice interview. Some insights into bond investing. This week’s Barron’s refers to BINC (incorrectly) as a “high yield” fund. Not really. Rieder addresses various allocations. My readings on M* previously suggested around 35% HY. But it…
Thanks @WABAC for putting it clearly. A poster who claims to have moved mostly (if not fully) into cash at “5%” starts a thread ostensibly about stocks but loaded with political suggestions from the get go. Things get out of control. Who would’ve …
If the U.S. is in such dire straits, what is the fascination with U.S. government issued / government backed paper? What gives you confidence that this government’s Treasury Department would make good on those T-Bills 3, 4 or 5 years out? What ma…
Thanks @Crash.
The quality of this at The Ambassador in NYC has varied greatly over the years. But it’s always a hoot! The cast keeps changing / evolving. Better in earlier days. Under $100 still gets you a front row lower level mezzanine seat…
Took too long to kill off this expensive index fund, whereas their competitors are changing only several base points.
You haven’t heard of P.T. Barnum?
Hope this hasn’t already been covered, but don’t some of TRP’s allocation funds (like TRRIX) invest in this? Perhaps they have an institutional share class that won’t be affected?
OK / I should have read full thread. Looks like TRP is “disappear…
Wonderful thread linked by Catch from 2018 and remembrance of Flack. Thank’s @Catch22. Lots of laughs there. And I did remember there was a bit of “tension” between him and @MJG … :)
DODEX was discussed in the following MFO thread.
+1
D&C is a fine house. Low fees for actively managed funds. I was there (no longer am) about 20 years. Always felt like they were a bit more aggressive on their equity investments than some, whi…
"Technical always reminds me of Ruykeyser's elves." :)
And he fired one of them, Gail Dudack, near the peak of the ‘99-2000 NASDAQ bubble because she’d been bearish a long while. Wouldn’t go along with the otherwise bullish “elves” as I recall. A …
Yeah. For sure.
@Crash - You probably recognize this short refrain from a famous musical:
Give 'em the old three ring circus
Stun and stagger 'em
When you're in trouble, go into your dance
Though you are stiffer than a girder
They let ya get awa…
”I'm surprised by the magnitude of DODIX inflows.”
Same here.
It appears today that those bond funds with higher credit ratings did worst. DODIX down -.68% GNMA -.86%. Both loaded with investment grade paper.
“Some say 'government' some say 'clown car' others say 'insane asylum.' I say: 'Time for another scotch.' :)”
Just priced coffee online. Anything good’s selling for $1 - $2 per ounce. Actually, you could buy a half decent bottle of scotch for what…
Pessimism is rampant.
Heck, with headlines like “The lights have all turned red”, “Nobody wants mutual funds now”, “Into the dumpster”, “Fidelity has ‘disappeared’ Dodge and Cox”, and “…Total Return fund will be liquidated” - what would you e…
Well, maybe I need a new set of specs, but I’m seeing DODIX off 11% last year and down another 1% percent this year …
It would be interesting to know where those inflows into DODIX are coming from? From other D&C funds, or is it new money com…
“How is the market hanging in there under the current circumstances?”
“… strings and ceiling wax and other fancy stuff”
But I’m not certain your original premise is fully accurate. A check of Bloomberg shows all 3 major indexes well below th…
@hank: just a $2 wager on the Rangers? Good call! I thought Scherzer would get roughed up, but it did not happen.
Scherzer got jerked in the 2nd or 3rd inning. Recovering from some kind of shoulder injury. Gave it a good try. Turned the game off …
Thanks @Old_Joe and @Devo
Oversimplified but interesting reading. I was surprised it doesn’t mention robo-advisors for the “set-it and forget-it” crowd. Also, the trend towards index funds which is highlighted is older than some of the particip…
+1 Hello.
”Anyway, I have been working on simplifying my portfolio and target date funds are actually looking more and more attractive to me, but it is not easy to leave your trustworthy funds and I guess I am just an average investor as they turn …
Yep - That sounds nasty.
I’d think you could get better streaming through a conventional device - laptop or tablet. They do a better job with weak wifi. Than, if you wanted, you could run a cable from that device to any TV as long as you could obt…
Have they determined that the health benefit outweighs any long-term problems? I remember the hype about amphetamines in the 50s.
The NYT notes some potential problems:
- Malnutrition https://www.nytimes.com/2023/04/21/well/eat/ozempic-side-effect…
Hell, ozempic even made Barron’s this week - not necessarily in a good way:
Ozempic, a GLP-1 receptor agonist, is a weekly injection aimed at reducing people’s appetite for addictive foods, helping them lose weight. It’s been a problem for many st…
Here’s another potential lead to “What happening in health care?”
Title: ”Moderna shaves off $7 billion in value after Pfizer warning”
https://gulfnews.com/business/markets/moderna-shaves-off-7-billion-in-value-after-pfizer-warning-1.98912855
Ab…
A “hotspot” is incorporated into most decent cellphones. Go to “cellular / settings” to enable it. Yes, there are separate “hotspot” devices you can buy. But they won’t give you any better service than a good cellphone. A lot of providers includ…
I’ve never dealt with the sector. On a broader note, the near obsession with weight reducing drug ozempic is having far reaching effects on businesses, including the health care industry. To be sure, the medication is intended for specific medical…
Not to belabor the issue, but my OP was intended only to summarize the FT article as it appeared. Here’s the relevant reference to the film as it appeared in the FT:
”The epic western, which stars Leonardo DiCaprio …. “
(Article by C. Grimes, F…
