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.
Thanks, Ted. This was quite interesting. One thought in reply:
(quoting:) "The basic idea that had governed economic thinking for decades was that markets work. The right price will always find a buyer and a seller..."
...And thus, regulation would…
Reply to @hank: OMG, the imaginative ways that people manufacture lies, and at the same time, come up with a way to rationalize the lie, and not call it such. Except that they are lying to themselves. Cripes. Just another brick in the wall. Apologie…
Reply to @JohnChisum: I was wondering how you are. Philippines earthquake. My wife's people are in Cebu. The epicenter was Bohol, so not far away at all. Glass, bricks, concrete in the streets. A few deaths, sad. When you're over there, which city a…
Inflation "largely absent?" He lives in a bubble, insulated from reality. A loaf of bread or a pound of beef costs triple what it did just two or three years ago.
Holy cow. What I see from Oppenheimer is never good. Would not go near them with a 10 foot Pole or even an 8 foot Swede or a 6 foot Bahamian.
I rescued a colleague from OAAAX (NOT load-waived) a few years ago--- when M* still had it rated with HIGH…
I could not intelligently offer anything, sorry. I know what you mean about the proliferation of "niche" funds--- right at a Market-Top, to attract "dumb money."
Yes, I own both MAPIX and SFGIX. If I had a cash cache (wink) I would be adding to SFGIX in small increments, because it really has not "taken off," yet. It's due. Maybe overdue. I have MUCH more in MAPIX... In SFGIX, I invested only $3,000.00 and h…
Seafarer still has not risen to a level some might have expected and been waiting to see. It is worldwide, not limited to EM, though. SFGIX.
ALSO: EM debt. It will rise out of its doldrums so long as worldwide equities are not in a swoon. MAINX. …
It's actually worse than old, uncooked crow. ;) ..... But wait! Don't I have some Old Crow around these parts??? THAT should help to digest the hat. (Grin.)
In this case, I'm glad I'm wrong. :) Let's see what the portf. looks like TONIGHT.…
Yes, I have to bet that there will be massive selling into today's rally. As usual, since..... Several years, now. Because there is no FUNDAMENTAL confidence in Mr. Market. The universe is skewed, rotating off kilter, but managing somehow not to spi…
"...One surprising reason for that may be the ebbing influence of the U.S. even as the median forecasts of economists surveyed by Bloomberg News point to expansions of 2.7 percent in 2014 and 3 percent in 2015, up from 1.6 percent this year..."
I've…
Concluding statement: "Japan's efforts to reflate its economy could spill over to emerging Asian economies through expanded bank lending, portfolio rebalancing, and increased outward foreign direct investment..."
http://finance.yahoo.com/news/world…
I'd stick with PRSVX until the small-cap niche starts to run cold again. I owned it, but got bored with it. It was a soft period, not much action to the upside. But in choosing funds for a colleague, PRSVX is one that I selected for him. It's doing …
Yes, Business is not in the business of doing good. And yet money and the way it gets spent, saved, invested or wasted is everywhere you turn. It is part-and-parcel of daily living, no matter where you are. To divorce it from ethical issues is unrea…
Taibbi is one of the few good ones. Bartiromo? A corporate robot. .....And J. Dimon? A Financial PREDATOR. Like all the other CEOs. ....Well, aside from billions and billions of dollars in fines being paid to settle litigation (which amounts to unst…
Reply to @VintageFreak: Whoa...Takes my breath away. It sounds to me like a joining of fundamentalism and the recently popular theology which wants to make sure you know that The Almighty wants you to thrive and be wealthy. Hogwash. Now that I've re…
For many years, I had a self-directed 403b with Royce, and then with T. Rowe Price, when I became unhappy with Royce. If they do 403b, they also surely do 401k.
I was the only full-time employee, and chose each and every fund into which the money …
Reply to @hank: Hi, Hank.
Quoting you: " PRWCX is generally regarded as Price's least risky equity fund."
........But I see (at M*) Risk = above average, while returns are high.
On THAT basis, it seems a very decent trade-off re: risk/reward. But…
