One difference between Morningstar’s results reporting (1-, 3, 5 and 10 year) and ours (up cycle, down cycle, full market cycles plus standard periods) is that theirs contains an invisible chasm. That chasm exists for funds that were around during the 2007-09 market crisis but that do not have a 10 year track record yet. …
Yearly Archives: 2015
The Eternal Losers List
The current full market cycle began in October 2007 as domestic markets peaked just ahead of the worst financial meltdown since the Great Depression. Domestic markets hit bottom in early March, 2009, and have rebounded sharply since then. Mostly. Vanguard’s Total Stock Market Index took 52 months to recover from the crisis; that is, …
The MFO Screener: Technology Funds
We were wondering whether there were any “safe” Technology Funds to consider for the potentially turbulent years ahead. We thought we’d start by asking “who did well during the last two crashes?” and seeing if anyone avoided the worst of the bloodshed in both 2000-02 and 2007-09. To do that, using MultiSearch tool, we …
The MFO Screener: Learning By Doing
Our screener has two functions. The first is to allow side-by-side comparisons of a dozen or more funds over meaningful time periods. The second is to allow you to generate lists of funds whose accomplishments are particularly meaningful to you. Here’s an example: you might want to discover which small-cap funds bounced back most …
Becoming Surprisingly Successful: Notes To The Mutual Fund Community (Part One)
Fund managers are seen, dear friends, as “the walking dead.” CBS News declared you “a losing bet.” TheStreet.com declared that you’re dead. Joseph Duran asked, curiously, “are you a dinosaur?” Schwab declared that “a great question!” Ric Edelman, a major financial advisor, both widely quoted and widely respected, declares, “The retail mutual fund industry …
Continue reading “Becoming Surprisingly Successful: Notes To The Mutual Fund Community (Part One)”
Like a Slow Motion Train Wreck: Thriving in the Face of Demographic Change
Here is link to David’s presentation: Like a Slow Motion Train Wreck