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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
Ha! No David, no profile.
I just listened to Ms. Brown's recent interview from Ted's link.
Her recommendations on the five funds Mr. Jaffe floated: Buy DODGX, PRWCX, FPACX. Hold VBK. Sell DVY. All based on momentum of past year.
Once again, I get…
Reply to @davidrmoran: Ha! Sometimes, yes. I should have sold AQRIX back in April/May when it dropped below 10-month SMA. But I resisted because the risk-parity strategy appealed to me and because it was in the house that Cliff Asness built.
I own…
"We think equities have a lot of tail winds," says Wolle. "We believe that they're still reasonably valued, that the likelihood of recession is quite low, and that financial conditions and price trends are supportive."
I think Mr. Scott Wolle has th…
But for all the concerns that the reduced presence of such a giant asset buyer would be calamitous for investors, it appears equity and bond markets are poised to take next week's Fed decision largely in stride - provided the central bank doesn't su…
Reply to @Mark: What a racket. What a market. Sell short, then Twitter the world bad news. Close position. Make quick gain. I'm really starting to dislike day trading and HFT.
It just does not seem like 2007 to me...not yet anyway.
Home and hotel construction only now starting to gain traction here in California. But I still see lot of empty store fronts.
Car purchases up. RV purchases up. Will grant you that.
Not a lo…
I owned a little earlier this year and quickly stopped out.
Let's hope it rises. Like Mr. Gundlach, Mr. Redleaf of Whitebox sees some opportunities currently in REITs.
In mean time, my condolences:
Wow. Terrific discussion here.
Heather, I support Mr. Graham's view that markets get it relentlessly right in long run, but they can be terribly wrong (aka inefficient) shorter term. I'll steal a page from Professor Greenblatt to illustrate:
Here'…
Reply to @Ted: Come on Brother Ted. You're not allowed to say: "Even though the fund will only be three years old, 9/30/13, it trails it's benchmark..." Then, quote a one-year metric.
BRTNX beats its benchmark(s) over the past 35 months. And, come …
Reply to @Ted: Hmm, I have it beating SP500 and M* Mid Cap Blend category with less volatility. I think it also beats Wilshire 5000. What am I missing?
SQM up big again today (4%). Looks like it may have finally stopped falling. Here's Schwab performance chart showing comparison with 3 and 10 month averages:
Here's same look at VALE:
Let's hope worst over for these two new holdings. And, …
Hi David.
AOA and AOK don't have much history, so timing comparison not very interesting...yet anyway. Except for dip in 2011, pretty much all up after the 10-mo timer kicks-in circa 2009.
I did quick look and you basically end up with equivalent …
Keep Calm and Invest On!
I love it.
Here are the lifetime risk/return numbers for the funds in Heather's modified portfolio:
I left off the load for SGENX.
To get more direct comparison over consistent periods, here's how they stack in the …
Yes, I remember watching CNBC the day Buffet purchased $5B of BAC preferred.
One the guests asked rhetorically: "Three years from now, will he make money? I think he will."
So, the day before the announcement, 8/24/2011, BAC closed at $6.92.
This…
Too bad about DWGIX.
Despite good performance, it never really attracted AUM, here in the USA anyway.
It always bothered me that I never knew where the buck stopped in its advisory chain. Was it DundeeWealth, or GCIC (what does that stand for anyw…
I love the fund and added to my position after July conference call.
But it's not really reversed its decline than began in May. Tracking pretty much like bonds.
Remains below 50 and 200 day averages, if you follow that sort of stuff.
It is best…
SUBFX holding up very well this year. It appears to be 30% long cash currently, which helps. Impressive performance for bond fund given conditions lately:
Of course, David as usual saw this one coming...
Scout Unconstrained Bond Fund (SUBFX) – …
I think M* gets it mostly right.
Certainly, some top-notch funds here...
(FPNIX) FPA New Income
(OAKIX) Oakmark International I
(PRPFX) Permanent Portfolio
(PTTRX) PIMCO Total Return Instl
(VFIIX) Vanguard GNMA Inv
(VIPSX) Vanguard Inflation-Prot…
Ouch Junkster, that's smart.
Dr. Kuruvilla's impressive academic credentials certainly paying off this year with ETGLX's pharmaceutical holdings. (I like where he got his masters.)
But I'm sure back in late 2011, you would not have been feeling s…
I held BOND for a while...until it crossed 200 day moving average, then out I went.
Should have done same with AQRIX, but I was too dumb.
From the board, I've learned that when trading ETFs, be wary of volume, since Price and NAV can be quite diff…
Right.
In the 70's, front loads were 8%. That provided a lot of motivation to stick with a fund for the long term.
What a racket!
I think the expectation for funds should be same as Ben Graham wrote about for investing in general: safety of princ…
A bittersweet headline...
Ballmer Fortune Up $786 Million as Microsoft CEO Retires
Microsoft Corp. (MSFT) Chief Executive Officer Steve Ballmer, the world’s 44th-richest person, has seen his net worth jump $786 million after announcing his retirem…
