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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
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…
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
