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.
Added to GLFOX. My theory on US infrastructure rebuilding as a catalyst for companies involved in materials and construction has proven to be a hypothesis only. The fact of the matter is that PAVE has not even kept pace with IWD.
Stuff really does cost a lot these days. I have needed some Tacoma cedar siding repair on my house for more than a year. Last summer the wood was unavailable anywhere; this year my contractor said I wouldn’t believe what a board foot of the wood cos…
@Derf: M* fund evaluations show in and outflows under the “Parent” tab. The funds in question, except for Micro Cap, had decreases along with hefty NAV declines.
I share @Tarwheel's skepticism. While the documents linked by @The Shadow are mercifully brief, they do contain some jibberish.
1. a subject/verb agreement error ["Artisan's infrastructure and the guidance provided by David Samra allows (sic) us bo…
I use RYH as a benchmark for the healthcare sector. Its performance and the VG fund are tied for 1 yr, but RYH has outperformed 3 and 5 yrs. The sector has disappointed in recent years, especially in biotech, as noted by @sma3.
At some point it will be prudent to buy a former high flyer, such as ARKK. BGAFX, Alex Umansky’s entry in the Baron stable, has declined 48% YTD and considerably more if you consider its 2021 peak to the current trough. Some aggressive growth funds …
I have previously linked this Rekenthaler article in a discussion about why EM returns have been so anemic.
https://www.morningstar.com/articles/1078810/whatever-happened-to-emerging-markets-stock-funds
The problem is not Matthews (for Asia exposur…
I joined @Old_Joe in scraping what I hope is the bottom of the pit ASML and other worthies have fallen into. I’m hoping this selling is indiscriminate and that the sellers are missing something of value.
@JonGaltill: I am reluctantly facing the fact that my current SCG funds would have to rally an amazing amount to get me back to level. The arithmetic is against me.
SCV has had some success, notably Bridgeway’s BRSVX. Charles’ write up on bond, equ…
ASML was the subject of a « tiptoeing-in » thread here in late January. The stock looked cheap to some at that time; today M* shows a YTD decline of almost 31% and gives the stock a 5 star rating on valuation basis. Shares dropped to $550 on Friday.…
Not exactly on topic, but it just occurred to me that TurboTax has a Netflix-like problem in that one yearly license fee can be used for multiple returns. I do two daughters’ returns as well as my own. Have not run into a limit.
Updates are a frequent headache. One of our iMacs refuses to move up to Monterey. One way to avoid the black screen problem is to do small, incremental updates, rather than a big upgrade. From your description, @Crash, it sounds as though your drive…
ISTM that if Airley’s hedge fund performance, including top holdings over a decent period of time, could provide a rationale for buying into the new strategy. I don’t pay any attention to hedge funds, so I have no idea what level of disclosure they …
Same chez nous, @Sven. No animal flesh, dairy, or chemical additives. My cholesterol has dropped in the last several years from 137 to 106. It is said that the most positive step one can take towards saving the planet is to cut out hamburger once a …
GQEPX, GLFOX, and on Friday mid-PM, AMZN. Of course it continued south and then bounced towards day’s end. Fish in a barrel don’t stop moving or ring the bell at the bottom, for some reason.
@hank: DBA has remained positive during this recent market drop, but MOO, the Van Eck Agribusiness ETF has taken a hit. PDBC, which I own, is positive since I first bought it in February. Not enough to counterbalance other losers, of course. Infrast…
It’s not my curmudgeonly nature at play; however, I’m starting my second 80-year stint on this plant and the second one will also be completely free of tweets. I can’t help what my PMs are doing, however.
@Crash: I don’t go the Tigers games much, but I’m old enough to have gone to the old stadium and the new. What a contrast. At Comerica Park you can’t talk between innings because of deafening music and lights flashing all around you, patrons drinkin…
@Old_Joe: it’s not impossible that my own opinions have been warped by the discord and disaffection in our body politic and our public discourse. Polarization tends to promote more extreme polarization, at least from this seat.
I don’t consider mys…
@Crash: since arriving in HI last week I’m wondering how you local sports fans watch live mainland games. Seems that one hotel bar was offering a replay of the 76ers-Raptors game that had been played many hours previously. Maybe everyone is retired …
Good and bad news today. On Maui no pharmacies have at-home tests, but I found a great urgent care that swabbed my nose after a very short wait, pronounced me Covid-negative, and diagnosed the flu. This despite my having had the flu vaccine shot. Go…
FWIIW, our family practices rampant password sharing. If the company adopts two-factor authorization, some people won’t be viewers. The question is whether they will sign up for a subscription.
Yesterday, right on schedule, the IRS collected my balance and estimated taxes. My Schwab account absorbed the punch. I thought for a moment the market had set a new low, just looking at my overall balance. I moaned and groaned, but the process work…
We have taken the big plunge, spending two weeks on two Hawaiian islands. Despite masking up on two long flights, I managed to catch an ugly cold three days along. I have hardly been sick since Covid began and felt far worse worrying about what viru…
@Old_Joe: I believe what you have written about the separation between news and opinion at the WSJ did in fact exist. I was a long-time reader until about two years ago. I had no quarrel with the investigative reporting (on Elizabeth Holmes and on a…
I thank the people who do things for me by saying, “Thanks for working today.” They smile, seemingly pleased to be recognized. The unspoken reality is that there are many who choose not to work.
