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Sold BUFTX and bought REGL. Only MF I have added to recently is DSENX. In the past 12 months have moved more $ into ETFs: XMLV, CAPE, MOAT and in most cases sold MFs. Looking at DEULX, however.
I thought CEM, a closed end fund, would provide capital appreciation for me without the headache of the K-1 tax form. I could not have gone into the MLP market at a worse time, so my tale is cautionary. I'm a lousy timer and CEFs can exacerbate erro…
I guess I'll wait for DLEUX. I do have an IRA at TDA, but the TF deters me. It would require a big position held for a long time to equal the .25% lower ER for DSEUX.
With Scott Pruitt at the helm of EPA, it's going to be hard to sell the idea that climate change is important and that we need to do something about it now.
DLEUX interests me as well. At present, TDA and Schwab are not carrying the fund. It started trading on December 23, so maybe patience is required. If my record of trying to make money in Europe is any indicator, I should flee this fund and put more…
J'accuse! @WhollyTerriers of writing a title to a post that none of us can pronounce. I know it was intentional and I think it's funny. I'm glad not to be one of their phone reps.
Agree with @kevindow. I made some dough when the MS fund open-ended in 2012 and for a while thereafter, but sold in 2013. I'm also aggressive, but I don't see frontier markets as a place that will improve my EM or international returns.
Closed out JOHAX after another disappointing year. Adding to FMIJX in foreign large cap allocation. BTW, M* still has OAKIX as gold, 5 star but FMIJX has truly clocked it for three years.
Good explanation, @Crash. I nominate "risible" for word of the year, but you should get the credit for using it. I doubt I have ever received more than the price of a bowl of soup out of the suits filed on my behalf.
On the face of it, QLEIX is a great fund. That minimum investment amount leaves me out in the cold, however. Come to think of it,all I have to do is step out the door today and I'm out in the cold. I suppose an "advisor" could get me into AQR funds…
Got to agree with @hank. Those of us in SFGIX (and GPEOX) are not getting paid much for the risk taken. We could do just as well with a bond fund. EMs had a bit of excitement last year, but how many times in the past were we told "this is the year f…
I can't get my brain 'round the name of the funds, nor can I pronounce it satisfactorily. "Rondeur" would have been in keeping with "Grandeur" and all Americans, save the French-speaking Mormons (like Mitt Romney) would mispronounce them both. Now w…
Now that the WSJ is two sections and because I did not renew Barron's, I have to scramble for paper to light my fireplace. BTW, the WSJ offered me a renewal at $49 for the year.
Quite a while back I had an inflated view of Bridgeway, owning 3 or 4 funds and two IRAs. The micro cap fund had to be absorbed into another, BRUSX really cratered, and BRAGX swooned. No longer own any of these, but have been happy with American Bea…
As kevindow said, there's no reason to sell XMLV. It has slightly underperformed the Russell mid-cap index since the election, but it's no cause for changing horses.
It hit about $7.50 today, way below the $14 it hit when resumption of diplomatic relations was announced in 2014. Any way I look at it, this fund has not made anyone much dough over its lifespan. It remains an "idea" investment for me and believe me…
I wondered if Geritz left Wasatch and subsequently entered into talks with GP as the letter to investors makes it sound. Just didn't ring entirely true to me.
Hard to believe that RPMGX ranks at the top of Lipper's MCG category when AKREX has clocked it since the latter's inception in 2009. AKREX's buy-and-hold strategy will result in me paying around 4 cents per share in distributions. A fund to hold.
Just dropped my long-time subscription (an el-cheapo one at that) because of irrelevance. Got sick of seeing Mario Gabelli and the like year after year.
The NEA has done a terrible job of representing teachers and their investment options beyond what defined benefit programs most states and school districts have offered. Now that many teachers are being forced into defined contribution retirement pl…
LC Core: SFLA and MOAT
LC Growth: ROLA and LSGRX
If you subscribe, the following link will take you to the relevant page:
http://online.wsj.com/mdc/public/page/2_3061-mfq16_3_CategoryKings.html#catcore1
Glad to see MOAT up there as I got back in…
The WSJ monthly rankings of funds has DSENX and CAPE at #1 and #2 for one-year performance in the Large Value category. CAPE still has only about $35M in assets, so come on, momentum guys!
For an allocation fund whose performance has hugged the return of the S&P 500 for the past 10 years, go for the Bruce Fund (BRUFX). It's by far my biggest MF holding.
Thanks for this posting. I found it long and repetitive, but maybe that's the true lesson for a value investor. My other observation is that Klarman implies you have to work constantly at uncovering undervalued securities. Seems to be advice for the…
Higher Ed is way behind in developing and implementing instruments that really measure what students learn during their tenure in college. Sometimes called "assessment," a good system requires the faculty to say in concrete terms what it takes to ea…
Not exactly the same animal, but RIV from RiverNorth has been operating since last December as a CEF of CEFs. Presently it trades at about a 2.7% discount. RIV can hold ETFs, but it does not seem to now. NAV has risen about 6%, but the price only 1%…
