ROTH IRA Question-Calling LetsRun Investing Gurus

"In the first quarter, 52% of active equity managers outperformed their benchmarks, according to Morgan Stanley. To compare, roughly a third of equity managers had outperformed over the previous two years." --

Translation: passive investors are about to face years of poor performance, driven by over weights in highly valued equities, duped by algorithmic trading that uses retail investors for liquidity.

Sold to you Ms. CFA at a high price.

That's an amazing logical leap. You sound quite desperate.

Igloi is getting torn to shreds, I hope for his sake that none of his clients read letsrun.

I can confirm that's he's actually been hemorrhaging clients for months.

Ghost of Igloi wrote:

I guess you missed this:

A couple of points, the valuation metric that Warren Buffet called most important model is two standard deviations above the norm. Currently Buffett is holding over 30% of his portfolio in cash. Lastly, to paraphrase Warren "be fearfull when others are greedy, be greedy when others are fearfull."

All three principles have been incorporated in one way or another in my comments.

Igy

1. You later posted a link indicating Buffett's model shows valuations are LESS THAN two standard deviations above the norm.

2. Buffett has a large stash of cash, but he is emphatically desperate to find equities to invest these monies in.

3. It's "fearful." Also, it's "Buffett."

So desperate he old $Billions of his stake in IBM, at a much higher price I might add.

Author: Detector Dude

Message: I can confirm that he's actually been hemoraging clients for months.

Author: Igy

Message: So bad, clients have added $621,000 to accounts since Monday.

Analysis, Detector Dude is infatuated with Igy.

What does "old $Billions" mean?

sad,

Not really, you and your clones are poor at debate. I love messing with you.

Igy

I type fast on the IPad, with one finger no less. Should read "sold $Billions."

Isn't selling at a higher price the whole point?

Sure, that is what Buffett is selling not buying. The clones in index funds are providing liquidity for the Billionaires like Warren.

But hasn't he said he's anxious to get his cash back into the market asap?

Sure, he says a lot of things. He will be desperate to put his $Billions to work when the indexing clones hit bottom.

Most of his billions are already at work. He thinks the market is undervalued relatively speaking.

Buffett currently has almost 40% in cash. So much for staying invested like the indexing clones.

You said 30% before. Either way it's been said he's anxious to buy. He's a smart guy.

Sure, you are kidding yourself. Smart enough to trade $Billions for Goldman preferreds at the bottom of the financial crisis. He's become a carnival barker for CNBC.

Earlier today you were touting his methods and procedures. Now he's a carnival barker. You seem confused.