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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
Robert “Chip” Rewey, III Joins Third Avenue Management’s Investment Team
http://www.reuters.com/article/2014/06/10/ny-third-avenue-idUSnBw106021a+100+BSW20140610
"A slave stood behind the conqueror holding a golden crown and whispering in his ear …
He's certainly done well.
Great Owl...
http://www.mutualfundobserver.com/fund-ratings/?symbol=smvlx&submit=Submit
And I share some of his views on positive outlook.
Think Ms. Brill wrote a good article.
Here's link to David's profile:
http:/…
Thanks man.
Hey, I think we may need to thank Satya Nadella actually.
Was liking the on-line Google Viz Apps, but I'm absolutely crazy about Microsoft's on-line Excel Web App.
Chip likes it too.
So, adopted it for Fund Dashboard, Great Owl, and …
Our rankings have it pretty low as well the past year.
But longer term, eye-watering and Matthews is a good shop.
This past quarter though, MAPIX is on a tear. Here's M* plot:
Believe M* was concerned about departure of co-manager, but the fu…
Morning Scott.
No changes I think since last post, when I let a couple micro caps SENEA and JBSS go. Moved that money into BAC when dropped below $15.
Right now, stock holdings are BAC, AA, SCHN, GE, APA, HCP. Of these, I believe only SCHN is belo…
@ MJG.
Thanks man for the kind words.
You are tough to please. So, very glad you liked this one.
I too shake my head trying to understand how folks can invest with some of names in the bottom tier of the fund family study.
I actually found sever…
Hi DGoodrow. Working on updating MFO tools to include all these data (life time and full cycle rankings), even for all share classes...not just oldest (thanks to a good suggestion from Accipiter). Hit a bump in road recently, but hoping to work thro…
UMBMX has actually been pretty tame (on the downside) for an equity fund since its inception, while more than doubling SP500 total returns...I'd consider it better than "half decent":
Amazon buys up Sears stores and turns them into local distribution centers...vastly expands same-day delivery option, like FTD.
Amazon buys UPS, takes delivery vehicles in house...or better, develops its own energy efficient fleet of electrical del…
Very cool.
Attached is pic of bike rack I installed on our trailer recently using Makita tools.
And, they were also great on pulling boards from our deck...to repair a Jacuzzi pump.
Like a dream.
Speaking of tools.
My son-in-law gave me a Makita LCT306W 18-Volt Compact Lithium-Ion Cordless 3-Piece Combo Kit for Christmas.
Take-your-breath-away cordless tools.
Powerful, long-lasting batteries. Quick recharge.
Have quickly become my favori…
If a manager strikes rich with an IpO allocation or a distressed company coming out of bankruptcy, then it is not necessarily at the expense of any other manager because new value is being created.
Nice.
Thanks for sharing Junkster.
I do struggle with setting right exit level: 3%? 6%? 9%? 6 mo MAXDD? On single equity holding. Depends on category volatility certainly, as Scott instructs. Where it is against 10-mo SMA. How much money it has made or l…
Pretty basic stuff. Have published previously: definitions. More recently, have been looking at life and full cycle metrics and rankings...hope to add soon to search tools.
Ha! I think there is more relevance in these data than just MAXDD. I for on…
In his latest quarterly, Andrew Redleaf calls some of the high flyers "Never, Nevers."
"A Never, Never is a public firm that will never, never make profitability its first priority and will never, never willingly deliver a penny of cash back to shar…
Hi cman.
I took a closer look at funds in the High Yield Muni category since HYD inception.
There are 31 funds that have been around 61 months or more through this March. HYD is the only EtF in the bunch. The few other EtFs in this category are yo…
Good stuff cman.
Yeah, I'm programmed to compare. My bad.
I absolutely agree that it does not matter how a fund compares within its category if it fits right in your portfolio (eg., ARIVX). That's more important.
The muni high yield category has…
I own AA and SCHN. Have for a while.
AA's been very successful so far. Picked up under $8.
SCHN, just up and down...started buying around $26.
I like both CEOs.
I like the turn-around nature of their businesses.
They are undervalued cyclicals.…
Well, MFO's Risk Profile search tool can handle comparisons of up 20 tickers, like:
http://www.mutualfundobserver.com/fund-ratings/?symbol=fpacx+prwcx+yackx+berix+vwelx+fpnix+dodbx+brufx+vwinx+sequx+vfinx+dodgx+dodix+fmagx+sgovx+tbgvx+vghcx+mapox+g…
Good debate that is being brought to public attention.
That said, my reservations remain about Mr. Winter's own shop, which charges 1.85% ER on $1.7 billion Assets Under Management.
"Picking the pockets" of Wintergreen shareholders.
Also, the lat…
