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I hold HQL and THQ, medical and biotech closed-end funds, in my Roth because the quarterly distributions, when reinvested, are a nice cushion against the volatility. These days my distributions are buying cheap new shares. I also think the sector wi…
To return briefly to David's comments on FPACX, which I endorse. Thanks for showing me how to painlessly reduce my too-numerous fund holdings. However, (please note I did not say, "That being said…") I can't see LCORX as an alternative but I would p…
I think @Junkster has a good point. Obesity will be the leading factor in over-loading the healthcare system and might well be the main reason generations to follow us will be less prosperous than we are. Last cig: Columbus Day, 1985.
65% giant and large-cap, with 55% of assets in top 10 holdings. Certainly not SMID and the concentration may give some pause. It has worked as a global holding for me as for @puddnhead during a period when JOHAX, IWIRX and Grandeur Peak holdings in …
The problem is that it's still an insurance company which makes it as hard as an ocean liner to turn around quickly. For me, a retiree receiving my RMD payouts every month, it's hard to understand why I get five different direct deposits, from five …
I did initiate a small position in CAPE on Thursday instead of adding to my DSENX. As an ETN, it throws off no income or capital gains. Small volume means it can't be unloaded without taking a hit.
I have held DSENX for more than a year, but your reference to CAPE got me to look at that ETN (not an ETF). It's done considerably better than the OEF and expenses are about half of DSENX. Problem is very low trading volume and a price premium. Not …
@DelphOracle: to expand on your comments on SSSFX, Southern Sun brought out a mid-cap fund (SSEFX) which did great in 2013 and then tanked. I was in the latter and made some dough, but got out when momentum changed. Unfortunately, I usually misread …
Oh, those nasty K-1 forms! As I do my own taxes, I don't like to wait until high noon for those forms to arrive. BX does look attractive to a chartist, however.
In July, @JohnChisum said this on the board:
'I've decided to spend more time elsewhere. Less curmudgeons. I will check in from time to time but weeding through the "links" will be difficult.'
Scott is around, but not as active as previously.
I agree with @heezsafe that GP funds do well against the competition. For me, it was a bad idea to be invested in EM and international in the same way that it was a bad idea for me to be in small value and dividend funds last year. I guess the searc…
I did this last year. Here are Goldberg's picks for 2015 w/ YTD performance:
FPACX -1.87%
HLEMX -13.28%
OAKIX -4.34%
PRBLX +2.55%
POGRX/POSKX +5.83%/+2.93%
VDIGX +4.14%
If only I were a UHNW…I'd even settle for HNW. Then maybe I'd understand what values Eventide tells us it espouses and how the values determine stock picking.
It's been some time since I left Bridgeway's small-cap offerings. What strikes me is that Montgomery promised to re-jigger his methodology in hopes of preventing a huge draw-down like the one in 2007-2009. A glance at the chart Charles posted above …
Lazard has a nice presentation of distributions, with dollar amounts and percentages of NAV all in columns. No need to figure the percentage. I don't see my other MF companies offering this service.
http://www.lazardnet.com/_images/23-25741YE_Esti…
HSCSX and HDSVX, a recent offering from Hodges, with the same management team as the above-mentioned HDPSX, but much smaller. WSVIX, of which I have a lot, has under-whelmed for a couple of years.
I was in college. I remember groups of students gathered around the student union sharing their grief. On 9/11, I was a faculty member. Students were scattered around our campus mostly talking on their cellphones. It was a jarring contrast.
@TSP_Transfer: Thanks for the lead on PTIAX. It's an interesting looking company and group of seemingly smart managers. I have much regret about getting into RPHYX and RSIVX after acting on what I read on MFO.
@Old_Joe: reading a gift subscription to the Economist since 2/2015. Never have the world's problems seemed more intractable nor the folly of homo sapiens been more apparent. It's an f'n slog to get through an issue. If readers have ever wondered ho…
