Progressive Corp. (PGR)
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- Dividend Aristocrats Handily Outperforming Main Indexes in 2008 [view article]
- Dividend Investment Myths [view article]
- PFI: PowerShares Dynamic Financials Outperforms Its Peers [view article]
- Sequoia Fund Reopens After 26 Years: A Look Inside [view article]
- Fast Money Recap, 4/7/08: Is Energy Topping? [view article]
- Why Is Progressive Interested in Auto Fuel Efficiency? [view article]
- When Bad Strategies Outperform [view article]
- Jim Cramer's Mad Money Lightning Round Picks 6/20 [view article]
- Insurance Stocks: Wall Street's Biggest Secret [view article]
loading ...Recent PGR Articles
- Dividend Aristocrats Handily Outperforming Main Indexes in 2008
- PFI: PowerShares Dynamic Financials Outperforms Its Peers
- Sequoia Fund Reopens After 26 Years: A Look Inside
- Dividend Investment Myths
- Where Is the Growth in Vehicle Insurance?
- Where's the Growth in the Auto Insurance Market?
- Progressive Introduces Variable Dividend Based on Profit
- Will Green Sponsorship Boost Progressive Stock?
- Fast Money Recap, 4/7/08: Is Energy Topping?
- Why Is Progressive Interested in Auto Fuel Efficiency?
- Full List of Articles »
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Dividend Aristocrats Handily Outperforming Main Indexes in 2008 [view article]
Great resource David!It's great to see that dividends are cushioning the losses for investors this year. To everyone else who believes that this is a short term phenomenon, please check this link out:
dividendgrowth.blogspo... Reply
Dividend Aristocrats Handily Outperforming Main Indexes in 2008 [view article]
I always get a kick in the pants from people who say that index XYZ performed BETTER than the market, when in reality, they just lost LESS! ReplyDividend Investment Myths [view article]
Excellent article ReplyDividend Aristocrats Handily Outperforming Main Indexes in 2008 [view article]
A non-starter. ReplyDividend Aristocrats Handily Outperforming Main Indexes in 2008 [view article]
Cherry picked. ReplyDividend Aristocrats Handily Outperforming Main Indexes in 2008 [view article]
Good resource!! ReplyDividend Investment Myths [view article]
agree with captain ccs: the point (a point) of buying dividend stocks is to take advantage of long term compounding. A ten year period would be more persuasive. ReplySequoia Fund Reopens After 26 Years: A Look Inside [view article]
Once you include American Funds' sales loads, they no longer outperform. :) ReplySequoia Fund Reopens After 26 Years: A Look Inside [view article]
archman,Perhaps if you'd read the piece a bit more carefully, you'd have seen the part about many of the orginal shareholders dying off, resulting in redemptions. That makes sense to me. Congrats on your returns, though.
Something else you overlook in your castigation of mutual funds, is that many/most are geared towards a specific market segment, or asset sector. If you managed a fund that was billed as "foreign, large cap", I, as one of your invertors, would be sorely pissed to find out 10% of the portfolio was in US-based biotech microcaps! Reply
Sequoia Fund Reopens After 26 Years: A Look Inside [view article]
PIA, nice sales pitch. Do you work for CR&M, or did you just cut -and-paste that info. from their website? ReplySequoia Fund Reopens After 26 Years: A Look Inside [view article]
Archman82011: Capital Research & Management Co (American Funds) has a 75 year demonstrated history of providing their fund investors with consistently superior long-term investment results.You are correct that most fund managers do not 'outperform' comparable 'passive indexes'. But this is clearly not the case for America's largest and most successful long-term fund manager, American Funds.
By the way, American Funds "advertising budget is zero", expenses are very low, global research and management capabilties are unparalled, and their multiple portfolio coundslor system has been the unique key to providing such outstanding long-term investment returns for their 'active portfolios'. Low turnover is also key with a 3.5 year average holding period.
See americanfunds.com before you 'throw the babies out with the bath water'. Reply
Sequoia Fund Reopens After 26 Years: A Look Inside [view article]
archchanceII:Nope. I am not about to tone back the cynicism and take a more measured approach.
The majority of mutual fund managers are criminals who can only make money in bull markets and who do nothing to preserve a fund holders money in bear markets. There is no excuse as to why these overpaid, educated, MBA types, who all claim to be experts in the field, should lose even close to what the S & P 500 loses in a bear market.
I do not think I am smarter than anyone, Not you, not anyone. I am just a simple, self employed family man. No MBA, and I do not manage money for a living. I invest only in stocks.
My 15 yr annualized portfolio return: +20%
My only losing year: 2002, down -4%
My YTD return: +5%.
Why is it "a nobody" like me, can manage my money, and have the sort of returns that 99.9% of fund managers cannot even come close to attaining? Because I have a true vested interest in managing my money and I do not get paid for it, regardless of how the returns are.
Just ask all the fund holders of the "legendary" Bill Miller how they are feeling today. His fund is exactly where it was back in 1998. I am sure, as he is sailing around in his yacht, counting his hundreds of millions in the bank, he is thinking of all his fund holders...LOL.
Not. Reply
Sequoia Fund Reopens After 26 Years: A Look Inside [view article]
How did SEQUX perform during the 73/74 bear market? ReplyIt
Sequoia Fund Reopens After 26 Years: A Look Inside [view article]
After all the great lead up I was expecting to see some interesting, market-beating/leading holdings. All I got was 23% Berkshire Hathaway and a bunch of retailers and others tied directly to the fate of the U.S. consumer who is all tapped out.U.S centric portfolios like this will not come close to repeating past returns when the U.S. was the world's growth engine. Times have changed. I like concentrated funds but looking at their holdings I come away thinking the Sequoia looks like a "lazy Portfolio" with no vision.
Also, the founder (who Buffett was refering clients to) has passed away so where's the appeal? How did Magellin do after Peter Lynch left? How will Berkshire do after Buffett passes on?
I'll pass.
Reply
or
Sequoia Fund Reopens After 26 Years: A Look Inside [view article]
It's hardly breaking news that fund managers want more money managed at one time so that their paychecks are larger. That does not mean that they don't care about the fund's performance or that they do not see opportunity in the market. Funds only stay large if people keep their money in them and they maintain or appreciate capital value. Bad fund performance is bad for short-term manager paychecks and long-term fund asset value.Furthermore, mutual funds are not universally "the worst possible investments out there" - it's simply a bet that an investment professional can get a return ~1% higher than you could on your own (that 1% representing the management fee). Maybe they can, maybe they can't, but it certainly has some merit and may be worthwhile in certain cases. I can think of far worse investments.
@archman82011: Tone back the cynicism and take a more measured approach. Reply