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.
Support MFO
Donate through PayPal
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
He's a little more subdued on FAAFX performance:
As of December 31, 2013, the Fund’s core positions are Fannie Mae and Freddie Mac preferred (15%), American International Group common and warrants (14%), Sears Holdings common (12%), and Bank of Amer…
Reply to @scott: Wondering if has something to do with proxy vote on merging both funds...or, deep valued stocks just getting hammered lately. But honestly while I see some heavy losses today, nothing that would account would such a large drop at th…
Ha!
Worse now...
Hey, gotta think wiser folks saw this coming. Expectations WAY too high. No way to meet.
Took FB a while to start reporting encouraging earnings.
AMZN still not really there...but, perhaps the AMZN in 2001 is better compari…
This is really good news actually.
Minimize share classes.
Eliminate loads.
Bravo!
Now, best if WB Mutual Funds offers just single share class with minimum possible er.
But these are couple big steps in right direction for this promising shop.
…
Per prospectus:
Advisor Class Shares are no longer being offered. Outstanding Advisor Class Shares were converted to Investor Class Shares on January 31, 2014.
Ha! I think it is gone...will check more tomorrow, but not showing up in prospectus, dated 31 Jan 2014:
http://www.whiteboxmutualfunds.com/docs/lit/tactical/Whitebox_Prospectus2.pdf
Ha!
Not a good start to February, unfortunately.
At stops, halved positions in SCHN, SENEA, and JBSS.
Does feel like market is oversold at this point.
Will be looking to scoop-up others on watch list, mentioned previously.
Yeah, stocks starting Feb as miserably as they started Jan, especially cyclical sectors. Another lousy Monday. Getting to hate it when Monday futures are up, as lately, figures to be bad start to week.
Hi STB65. Hmmm. I believe ARIVX has delivered about 7% per year pretty consistently since its inception 3 years ago. Numbers look right me, but if there is a mistake, we work to get it corrected:
Have not added or dropped since last post.
Getting punished by SCHN.
Would like to get back into HES.
Have eye on XRX and GE, plus HCP and CHE.
So, nothing new.
Thanks MJG. I like both these guys. I've subscribed to Mr. Stack's newsletter. Very good. And I actually like Professor Siegel's current assessment of P/E valuation during periods of low interest rates. I too remain cautiously optimistic on US equit…
Nice. I like that he focused on the diversification aspect of the fund, you know, the "Third Pillar" stuff, instead of "The 3-D Hurricane: Deficit, Debt, and Demographics," which Mr. Arnott and the folks at RA have railed-on for several years now.
Reply to @rjb112: Ha! If only I knew...
But since inception 72 months ago, eye-watering performance:
And, David gives it thumbs-up: Artisan Global Value.
