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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
Used collateral damage from XOM news today to get back into APA. Perhaps lady luck will look more kindly on me this go. Last time I bought APA, it was at $90. It closed today under $80. Can't keep dropping forever, right? (Ha!)
BRUSX has amazing absolute returns, if you can stomach the volatility.
One of those funds that you just want to store away and look at once every, I don't know, twenty years or so =).
And as long as John Montgomery is there to quarterback.
I look at Wintergreen as the anti-socially-conscious fund: tobacco, booze, sugary drinks. Maybe the high ER should be seen as a sin tax (lol).Ha!
Gotta love it.
Good grief. Think it's just barely opened.
Here's link to David's profile:
http://www.mutualfundobserver.com/2014/02/grandeur-peak-emerging-opportunities-gpeox-february-2014/
So, the strategy is appraoching $3B?
Their estimate, given current cond…
Reply to @msf: I love the shop (though not sure I will ever fully forgive them for 2008/2009).
This fund seems like the next step in a natural progression for D&C - balanced domestic fund (1931), domestic equity fund (1965), domestic bond fund (…
Answer to follow-up is: 7.
They are all Ultrashort or Short-Term Bond funds...
Alpine Ultra Shrt Tx Optimized Inc Instl (ATOIX), Muni National Short
BMO Ultra Short Tax-Free I (MUISX), Muni National Short
Touchstone Ultra Short Dur F/I Z (TSDOX), …
Reply to @Ted: Well, it certainly does have better risk adjusted returns versus S&P over its lifetime...by every measure, Sharpe, Sortino, Martin. Ditto at the 10 year mark. And 5 year. But over last three years, hard to beat the S&P and RGH…
Just out of curiosity, when you rank RGHIX in the Large Blend category instead of L/S, it scores much better long term.
Still in 2011, it pretty much followed S&P down and the strategy again did not seem to offer much protection. And this t…
By the numbers in the L/S category...
Strong lifetime performance versus S&P, but hedging did not seem to help much in 2008. Perhaps helpful to explain what went wrong with the strategy during that time, if anything. What was learned. How w…
Currently, one of my core holdings is PRBLX, which I would sell if I invested in both OAKMX and FMIJX. I know that PRBLX isn't a 'Great Owl' fund, but I do like its socially conscious investment philosophy.
Hmmm....PRBLX has "fund-of-a-lifetime" num…
Reply to @scott: OK, so I think you are saying that EL can buy at market price to squeeze the shorts. I mean, I can see that with small caps, micro caps. But can you really do that with a $4B mid-cap? According to SA, the liquidity ratio is $38M. So…
Reply to @WallStreetRanter: You're telling me. They will also not allow users of Steele Mutual Fund Expert to export data on a fund's top ten holdings, which we asked about more than once...thinking it may enable us to calculate a sort of rough esti…
