GlobalTrekker

CEF Mergers Drives Special Equity Funds

I'm referring to your "People's Republic of California" comment which has nothing to with your article's economics and is simply puerile. Your condescending "A little history lesson for you" continues that supercilious tone and tries to imply that you went to Oxford, which you did not. "When economics was original [sic] taught at Oxford" ... uh, economics did not start in England. You next snobbishly spew bathos about economics and the social sciences. I can meet your academic name-dropping and raise you three, but outside of your MZF observations which are sound, the rest is just rehash. I have been trading closed-end funds for over twenty years for two of the five most prestigious and profitable firms in the world. Part of that considerable success has been a dispassionate look at facts and objective analysis. Not naming semi-obscure reviews and posturing. Lastly, to answer your question, if you think our fiscal mess that peaked in the last ten years is apt to be chronic, I'd simply opt for VWO. It's liquid, contrarian to our budgets, and resilient to our inflation and dollar weakness.


On Jul 19 10:27 PM Joe Eqcome wrote:

> GlobalTrekker
>
> A little history lesson for you. When economics was original taught
> at Oxford the course was entitled “Political Economics”. The reason
> was economics was, and still is, considered a social science. Political
> policies are designed to influence economic and investment behavior.
> So, it is almost impossible to separate politics from economic policy
> and sound investments decision making.
>
> Since America is still a country that recognizes free speech and
> debate, rather than not injecting my economic and political views—which
> I believe is crucial to sound investing, why don’t you countermand
> my arguments with your views if you disagree?
>
> I, and I’m sure others, would like to hear someone defend an out-of-control
> fiscal policy and what would be the best places to invest if such
> were to become an economic reality.
>
> Joe Eqcome
>

CEF Mergers Drives Special Equity Funds

Decent compendium of CEF activity, some more relevant than others, but let's keep this a financial web focus and keep your personal politics out of it.