Comments on Fund My Mutual Fund: CBO Projects $1.2 Trillion Deficit for 2009

Yes, I should be clear - I want the most flexibili...

2009-01-07T15:59:10.077-05:00

Yes, I should be clear - I want the most flexibility possible.

When the indexes someday regain the 200 day moving average I'll probably be 90% long. Changing to the times will be the key.

The current times require caution and I assume for quite a while will continue.

I have been lax in "updating" a lot of the stuff in the margins and web page formatting so as the redesign of website goes in, I was going to do it then.

But since you kicked me in the behind, I did it now ;)

Mark, Should have known better given the current o...

2009-01-07T15:56:06.990-05:00

Mark, Should have known better given the current orientation of your portfolio and your posts. Guess we would all like to live in the Elysian investment world of buy and hold.

Bob I wrote that in August 2007 and have since cha...

2009-01-07T15:19:13.000-05:00

Bob I wrote that in August 2007 and have since changed my thought process

The only reason I wanted to be long biased is because every mutual fund table in America focuses only on long focused mutual funds so unless I did it, I'd lose a chance at publicity.

Now, however, I am going to join the ranks of the 5-6 "long/short" mutual funds - its a motley crew but I believe this methodology will be far better in the decade to come. I will need to fix my header and my intro piece.

But Bob, don't worry - Obama will fix it.

Between this entry and David Einhorn & Michael Lew...

2009-01-07T14:49:11.512-05:00

Between this entry and David Einhorn & Michael Lewis’ New York Times article, I’m heading for the hills, shotgun in hand. Seriously, Mark, how do you reconcile this with your stated objective: “I'm running this as a LONG focused mutual fund - not as a daytrader, hedge fund, short focused individual trader.” Seems to me that you almost have to be a daytrading hedge fund to deal with the economic and fiscal realities of the next several years.

$2 Trillion for 2009 is "in the bag".A trillion he...

2009-01-07T14:36:04.279-05:00

$2 Trillion for 2009 is "in the bag".

A trillion here, a trillion there...pretty soon, you are talking about real money!