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.
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Charles
Thank you sma3! We are spending this summer in northwest again. I have no quiet place I can be before noon eastern (9 am here). Library opens at 9am! I've set up a session for Friday, 2 pm eastern ... posted on board. But, if that does not work, just call me at 805 468 9599 ... if I can pick up I will. Hopefully, can pick a day where you can attended from noon on. Very happy to do! c
too many bulls
Maybe that is the buying action, but everyday I glance at the financial pages and find 9 bears and maybe 1 bull. Everybody thinks we are headed for a big retraction, seems like.
too much complacency
Now that I do see. I think Ted pos…
Scott said:
hat said, look at Danaher (DHR), which is an interesting industrial conglomerate that is sort of a hybrid of an industrial conglomerate and private equity company. Danaher is up over 18,000% since inception and I don't think I've ever he…
I like GE too, fundamentally.
Would like to get back in, just not sure it will ever break-out.
The stock seems to harbor considerable reluctance, resentment, and skepticism...likely brought on by sins of its past...despite recent attempts to restr…
Haven't touched anything in a while...David has me too busy with MFO! (Well, that and trips to Monterey, Malibu, Los Olivos, etc. You know how it goes...)
Stocks, just five: BAC, AIG, AA, HCP, OAK.
Except for AIG, all under-the-weather lately. HCP…
The current bull started March of 2009.
Here are the SP500 Total Return numbers for the past 5 bull markets...
I believe the "test" for current bull was September 2011.
c
Always liked McCulley.
My sense is he came back to help Gross, help legacy PIMCO.
I'm actually surprised he stayed as long as he did after Gross left.
Thought his departure would have been concurrent.
Maybe he too was caught by surprise?
Wish h…
Another strong day today.
Believe the NY Times article referenced below has helped...
Dear Shareholder,
The following article by Gretchen Morgenson was published in The New York Times earlier today and covers recent developments in the litigation…
Previous discussion on board...not very supportive of fund:
http://www.mutualfundobserver.com/discuss/discussion/comment/49951/#Comment_49951
@MJG.
...value-oriented investment process advocated by Winters has proven its worth over many decades
WG…
Great Owl for sure!
Here are numbers through January. Slams the category.
The risk numbers are much better too, even though our current methodology pegs it at 5. In our update next month, that will likely go to 4. In this bull market, everything "…
I think there should be a law that allows only investors with verified assets of $1M or more to hold active funds.
Rest of the world, passive.
Sorry.
=)
Just kidding.
Want to fuel speculation about redistribution of wealth.
So, when Warren Buf…
Interesting.
Thanks Scott.
Does seem paradoxical at several levels.
I know Peter Lynch advised similarly to seek boring companies that nobody liked, sanitation, mortuaries, etc...and companies with little or no analyst coverage...off Wall Street'…
You're telling me.
A bonafide Three Alarm Fund back then...triple red.
Sure had its time in the barrel. Investing in one value trap after another.
I think we all died a little in that damn recession (to borrow a line from Josey Wales =) ).
Seem…
Hi dicksonL.
Sorry you are having trouble.
You just need to download once.
The Fixed Income, Asset Allocation, and Equity Great Owl funds are each on separate sheets...just click on the appropriate tab in lower left of spread sheet.
Here's snap…
@Old_Joe.
BOA is just exercising their "fiduciary responsibility" to rip off the American citizen, as usual. I'm surprised that anyone finds this in the least way remarkable at this point.
Touché!
This will be a flash-point for debate, I am sure.
It's rife with political undertones and speculation of conspiracies regarding re-distribution of wealth.
I recently enjoyed a conversation with a former Boeing executive about their lack of cap-ex.…
The fund had a terrible 2014 indeed.
Under-performed across the board...against peers and benchmark...against cash and bonds and SP500.
Basically, seemed to get everything wrong.
Working with them to get an updated perspective...the fund just pas…
Another bounce back day.
Oil remains weak, seems like.
HCP beat but still struggled today...part of the new cruelty. I like company more every quarter.
KKR missed and suffered a bit...but not too bad given strong advance last few weeks.
c
I look around and honestly don't understand what the hand-wringing is all about lately.
Like Vonnegut's book, I think mostly our minds are too big given the daily tasks before us ... so, we tend to get ourselves into trouble.
But I'm having an of…
For the record, Fairholme just posted the transcript:
http://static1.squarespace.com/static/53962eb7e4b053c664d74f3d/t/54d908d8e4b03ba419c05289/1423509720037/February+2015+Conference+Call.pdf
