tag:blogger.com,1999:blog-4832122874752142643.comments2023-05-04T01:46:04.726-07:00Standfast Asset ManagementStand Fasthttp://www.blogger.com/profile/08521542330891326264noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4832122874752142643.post-67847770146249533992008-08-26T08:19:00.000-07:002008-08-26T08:19:00.000-07:00Ram, I am a big fan, but you are entirely missing ...Ram, I am a big fan, but you are entirely missing the point. Your argument is well reasoned and should be employed for a different question. The overal professional money manager segment of the financial markets is down. Standfast, while down, has taken a better defensive role than their marketing powerhouse competitors. In a market where the S and P is down 13.8% and mid cap stocks are down almost 7%, Standfast is holding strong and protecting people's core wealth. That is the point.<BR/><BR/>Barring financial disasters, the US Government bond market will never give the potential returns that equity markets can. For these returns the investor assumes risk. Right now the markets are working against equity investing. However, this also provides opportunity to find value. Being defensive or liquid in the short-term and value investing will create greater returns for investors in the long run. This coupled with protecting the principle under management and charging lower fees makes this a better investment than the Wall St. marketing juggernauts, like Kemper -20% or Fisher -12.5%.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4832122874752142643.post-21196159706631264612008-08-25T15:11:00.000-07:002008-08-25T15:11:00.000-07:00I commend you on your performance year to date, be...I commend you on your performance year to date, being slightly better than the average. Also the fact the you charge less than a mutual fund. These are positives.<BR/><BR/>Here comes the but:<BR/><BR/>You are still losing other people's money (principle) and collecting fees for doing it. These people could just as easily have invested their money in Govies and come out 2% to the positive (9.5% better than your current YTD performace). Granted this is still less than inflation (net loss YTD on Govies is about 2% factoring in inflation). For example a person whose savings was in Government securities for the past year would have 98% relative buying power. Your clients have only 88.8% buying relative power before fees. Even though you are performing better than average your clients are worth 11% less this year(inflation adjusted and before fees).<BR/><BR/>Congratulations to your clients for losing more than 10% of their worth and paying for the priviliedge.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4832122874752142643.post-55553151788242289012008-08-20T11:48:00.000-07:002008-08-20T11:48:00.000-07:00I didnt know that. Good information. I submitted a...I didnt know that. Good information. I submitted a video for the Oreo Moments contest. Its good, check it out on my blog.<BR/><BR/>http://dontwingit.blogspot.com/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4832122874752142643.post-85336784880310073142008-08-15T14:16:00.000-07:002008-08-15T14:16:00.000-07:00Although I haven’t heard of Meredith Whitney befor...Although I haven’t heard of Meredith Whitney before, I read the blog and saw her on the cover of Fortune, and now realize who she is. You’ll have to excuse me; I try to stay away from Fox News. While many companies don’t like her, you have to respect her education and the calls that she makes, since most of her predictions have been true. Maybe they should give her a reality show spot…..only in this show, she can give some of her knowledge to the rest of us and maybe, just maybe the economy will get better. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4832122874752142643.post-75201178101006512412008-08-13T16:34:00.000-07:002008-08-13T16:34:00.000-07:00Wow her husband is arrogant!Wow her husband is arrogant!Austin Leighhttps://www.blogger.com/profile/09572225163847691396noreply@blogger.comtag:blogger.com,1999:blog-4832122874752142643.post-29618925581250093622008-08-12T13:55:00.000-07:002008-08-12T13:55:00.000-07:00In other words an article titled Bubble Gum follow...In other words an article titled Bubble Gum followed up by an article that should have been titled Bubble Head both written by BBBud??Sharkeyhttps://www.blogger.com/profile/05689292119991946004noreply@blogger.com