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Oct 2, 2024 | 
mutualfundobserver.com | David Snowball |Charles Boccadoro |Devesh Shah |Charles Bolin
By Charles Boccadoro Our friends and long-time MFO Premium subscribers at S & F Investment Advisors of Encino, CA asked recently if we could replicate metrics based on Lipper’s Global Data Feed that Barron’s stopped publishing; namely, Lipper Mutual Fund Investment Performance Averages – Specialized Quarterly Summary Report. We then coordinated with the folks at Lipper to ensure we used all the same funds, share classes, and categories to match their averages, which we did.
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Oct 2, 2024 | 
mutualfundobserver.com | David Snowball |Charles Boccadoro |Devesh Shah |Charles Bolin
By David Snowball On October 1, 2024, CrossingBridge Advisors launched CrossingBridge Nordic High Income Bond Fund (NRDCX). The fund will invest in high-income bonds issued, originated, or underwritten out of Denmark, Finland, Norway, and Sweden. Those might be fixed or floating rate bonds, zero-coupon bonds and convertible bonds, and bonds issued by corporations and governments. It will be solely managed by CrossingBridge Advisors.
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Oct 2, 2024 | 
mutualfundobserver.com | David Snowball |Charles Boccadoro |Devesh Shah |Charles Bolin
By Charles Lynn Bolin In addition to volunteering at Habitat For Humanity, I also volunteer at Neighbor To Neighbor which offers programs in eviction avoidance, utility shut-off avoidance, affordable housing, housing search, foreclosure prevention, and counseling including Financial Coaching, Debt Consolidation, and reverse mortgages, among other services. My role is to prescreen people to get assistance within Neighbor To Neighbor and direct them to external sources of assistance.
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Oct 2, 2024 | 
mutualfundobserver.com | David Snowball |Charles Boccadoro |Devesh Shah |Charles Bolin
By Charles Lynn Bolin Investors waited impatiently as the Federal Reserve considered cutting interest rates. Will it be 0.25% or 0.5%? They finally cut rates by 0.5% on September 18th. The S&P 500 is up 20% year to date as investors contemplated whether we would have a recession or manage the elusive soft landing. There have been three periods this year where the market fell 5% or more. The S&P 500 has been relatively flat for the past three months but spiked over 1% after the Fed made the cut.
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Oct 2, 2024 | 
mutualfundobserver.com | David Snowball |Charles Boccadoro |Devesh Shah |Charles Bolin
By Devesh Shah On September 29, 2023, Mr. Pabrai started the Pabrai Wagons Fund (WAGNX/WGNIX), a ‘40 Act mutual fund, offering retail investors a vehicle to invest in his stock ideas. Mohnish Pabrai, quoting ChatGPT, is a value investor heavily inspired by Warren Buffett and Charlie Munger, with a focus on long-term, concentrated bets on undervalued companies.
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Oct 2, 2024 | 
mutualfundobserver.com | David Snowball |Devesh Shah |Charles Bolin
By David Snowball Dear friends,Welcome to the Samhain / the coming of the dark edition of the Mutual Fund Observer!October is an interesting month. Traditionally perilous for the financial markets. It begins with the sullen remnants of summer and ends with festivals of the harvest (even for those of us in cities) and of the coming season when nature slips into dormancy.
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Oct 2, 2024 | 
mutualfundobserver.com | David Snowball |Charles Boccadoro |Devesh Shah |Charles Bolin
By TheShadow UpdatesSEC slaps GQG: The US Securities and Exchange Commission levied a $500,000 fine against GQG Partners and Rajiv Jain for violations of whistleblower protection laws and issued a cease-and-desist order against the illegal practices. At base, GQG required (some?) new hires and one former employee to sign agreements which would make it difficult for them to disclose wrongdoing on GQG’s part.
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Sep 13, 2024 | 
biorxiv.org | Luke S. Ferro |Jack Howland |Devesh Shah |Jefferson G. Pruyne
AbstractMass spectrometry-based metabolomics allows for the quantitation of metabolite levels in diverse biological samples. The traditional method of converting peak areas to absolute concentrations involves the use of matched heavy isotopologues. However, this approach is laborious and limited to a small number of metabolites.
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Sep 4, 2024 | 
mutualfundobserver.com | David Snowball |Devesh Shah |Charles Boccadoro
By David Snowball An indolent portfolio is an investor’s best friend. It is a portfolio designed to be ignored for a year at a time. Why is that a good idea? Two reasons, really. First, almost everything you do with your portfolio will be a mistake. Morningstar’s long-running series of “Mind the Gap” studies looks at the difference between investor’s actual returns and the returns of the funds in which they are invested.
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Sep 4, 2024 | 
mutualfundobserver.com | David Snowball |Devesh Shah |Charles Boccadoro
By David Snowball On September 10, 2024, Research Affiliates will launch its first ETF. Research Affiliates was founded in 2002 by Rob Arnott to provide professional and institutional investors with innovative research and product development. Mr. Arnott is iconic, having published 150 or so research articles that received both attention and rewards. His most extensive work is The Fundamental Index: A Better Way to Invest (2008).
