CymorFund Blog
We receive a lot of email and advertisements. The following comments came from a solicitation from VectorVest on September 27, 2010. The comments mirror some of our thoughts and we thought we would just post them as is and add a few comments. The following big lies have been repeated so long and so often...
Buy stocks, mutual funds, or hedge funds Mutual fund managers get paid based on the amount of money they manage. They don’t get paid on performance, or record, or anything else that is based on how well they are doing. They get paid on how much money they manage. That is why ‘Buy and Hold’...
The Price of Gold As we remarked in our previous blog, the commodity ‘gold’ keeps rising and setting new price heights. However, the trading value of companies that mine, process or search for this precious metal have stagnated or actually fallen. If one considers that the price of the metal has doubled or tripled or...
How Junior Resource Stocks Have Performed Many junior resource stocks are running at or near 52-week highs, and the sector boasts some spectacular individual performances. Returns for producing or near-production stocks for the twelve months to the end of August are running at around 50%, and have shown good results since the start of this...
Today’s headlines Sep 10/10 – Bloomberg Businessweek – Asian Stocks Gain on Japanese Growth, U.S. Jobless Claims Data Sep 10/10 – Reuters – – China’s imports leap, cutting trade surplus Sep 10/10 – Bloomberg Businessweek – Junk Debt ‘Best Bet’ as Issuance Nears Record: Credit Markets The World is Improving – Just as we Said...
What Do Managers of Mutual Funds Invest In? This is a most interesting subject. The way mutual funds are promoted is to give the impression that the managers are continually researching stocks and buying and selling then. To some extent this is true. To a larger extent the number of stocks that the manager invests...
A Balanced Portfolio There is a general belief that a balanced portfolio is the safest way to invest. This is a variant of the mistaken belief that ‘Buy and Hold’ is a good policy. In a future blog, I will quote statistics and research showing the generally poor results that are achieved by investing in...
What were the headlines last week? We have mentioned previously that the mood of the investing public varies dramatically with the latest news flash, as if the world can change in a day or two. We think it appropriate to remind readers of headlines from two weeks ago. August 18/10 By Rudi Filapek-Vandyck of MONEY...
A Contribution on Currency Trading from my friend Pete The comments noted here are interesting and insightful. We at the Cymorfund do not trade currencies, and do not make recommendations in this area. Larry, you spoke about Japan in your last post and I thought I would pick up on that, as there are some...
Recently China officially overtook Japan to be the second largest economy behind the USA. CHINA has become the world’s second biggest economy according to data released on Monday August 16th. Japan’s economy fell behind China’s at market exchange rates in the second quarter. Japan’s data have been seasonally adjusted while those for China have not....