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
I too like the way he thinks and his investment approach. But ultimately, I've never been able to reconcile 1.9% ER on $1.7B in assets for what is essentially a one-man shop running a long only, buy-and-hold, global value equity fund...with, as Scot…
Ha! Yesterday we attended the SLO Film Festival opening, which starred Adam West and a recent documentary on his life. It's been a long time since I dressed-up in my Batman costume! I was not alone back then. The show was huge.
You're right, good numbers:
Not crazy about the eight different share classes, including loaded Class A (although I see it waived at Schwab) with 0.99% ER.
I do see some of same names from Wellington on management team.
I think VWINX is still…
But their CEOs will make millions running them into the ground.Sad, but probably true. So many public companies seem to employ the falsehood of returning value to shareholders, but really, it's like you say...how much can its executives make in the …
Ha! I like your name better: Shackles...gotta love it.
I think Staples still does a lot of sales direct to businesses. Hard to see their retail side continuing much longer, in current form anyway.
Good stuff Scott. Fortunately for JH, the only thing greater than his conviction is his ego. And as for having a PhD in economics, LTCM was chock full of PhDs and Nobel Prize winners.
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), …
