Daily Archives: December 11, 2014

Catchy Google Doodle For U.S. Astronomer Annie Jump Cannon’s 151st Birthday Anniversary.

Anura Guruge, June 8, 2013.

Anura Guruge

Last Google Doodle:
>> U.S. Veterans Day 2014.
Music for 2014 “Day of the Dead”.

∋∋ “Explore the Pyramids of Giza” Google Footnote — Oct. 1, 2014.

anniecthmbgd1≡ ≡ ≡ ≡ Check CATEGORY ‘Google Doodle’ for other posts 
—>>> (sidebar)


Click here to access Google Doodle.

Permanent access, independent of date,
provided via the Google Doodle Archive.

I knew of the work she had done in spectral classification but did not know her name per se.

I am glad they recognized her. Now I will remember her name. Love that middle name. ‘Jump’.


Click to access Wikipedia bio.

BJBHX, Aberdeen (Artio) Global High Income Fund: A Very Depressing Update On A Depressed Fund.

Anura Guruge, June 8, 2013.


by Anura Guruge

Related posts:
BJBHX: sticking it out till 2015 — Nov. 18, 2014.
BJBHX has decent December 2013 — Dec. 23, 2013.
Uncontrollable Infatuation With BJBHX — Mar. 9, 2013.
Artio Global High Income Mutual Fund (BJBHX):
I Bailed With Regret – Jan. 3, 2013.

++++ Search ‘BJBHX‘ for other related posts >>>>


BJBHX and, as I have mentioned before,
go back a ‘long’ time
— which I think is getting close to 6 years by now.


BJBHX — the last bloody month.

Yes, during those years BJBHX has driven me to distraction and back a number of times, but I have always gone back. Up until ‘recently’ it always found a way to reward those that stuck with them.

But the last month, since my last update, has been the month from hell. The NAV has been on a steady downward drift. There hasn’t been a single up day in weeks. It is sad and scary. What makes it even worse is that over the last few months Aberdeen has been trying to aggressively push BJBHX has a great high income option in the new Janet Yellen, no-QE but low interest rates climate. See this page and their propaganda. I feel bad for anybody who took the bait in the last month or so. It would have been nothing short of a very bloody bloodbath. Yes, yes, yes. Much of it has to do with the precipitous decline in oil prices and with the hammering taken by junk bonds issued by all the oil companies. But Greg Hopper, the Fund Manager, in his November fund commentary, after blaming the poor performance in October on oil bonds said he had a handle on it. Well his grip must have slipped because the NAV sure is slipping like it hit an oil slick.

I called up Aberdeen 4 times on Thurday. Yes, 4 times. The first call was to make sure that Greg Hopper still had a pulse. They weren’t exactly forthcoming but tried to assure me that Hopper was trying to manage the crisis. Maybe this is all too much for him. Time for a change? His recent performance has been abysmal.

I then discovered that they had posted the ACTUAL year end distribution for BJBHX — the one that will be paid on December 23.

We have since discovered that what they posted was last year’s, i.e., for 2013, not 2014!

Well it can get WORSE. That was my second phone call. Hopper MIGHT have to cut back on the distribution in the next week; ex-div is on December 19, Friday week.

So be warned. Actual distribution might be less than estimated. They might even cancel the entire 2014 distribution — given that they do have the right to do that. Remember, Remember, December 2012. This could be another sorry repetition of that. Same story. Fund lost money so no distribution — SORRY, though Hopper walked away with a nice, fat bonus.

The next two phone calls had to do with the SUPPOSED income dividend, ex-date Dec. 29, to be paid December 31. I fear that this will not happen either. Remember, Remember, December 2012. In 2012 there was just one measly $0.03 distribution in December WITHOUT any warning or explanation.

Well, of course, they won’t comment.

Well this year I am giving you a heads up though I sometimes worry that BJBHX no longer has that many customers.

Well I am sorry to be the bearer of such bad news. But at least forewarned is forearmed. I think it is going to become a fairly simple choice come 2015. Either Hopper goes or I go. There is much easier and less painful ways to fritter away your money than entrusting it to BJBHX.

Happy Holidays Hopper. Thanks for nothing.

CNBC’s Ever Impressive Chief International Correspondent Michelle Caruso-Cabrera Is From Nashua, N.H.

jim-cramerAnura Guruge, June 8, 2013.


Anura Guruge

Related posts:
>> New look CNBC — Oct. 16, 2014.
>> CNBC new ticker setup — Oct. 13, 2014.

>> Jillert Anema whips Kernen’s ass — Feb. 20, 2014.
>> Kernen mocks Indians — Feb. 21, 2014.
>> NBC snubs Valentina Tereshkova — Feb. 10, 2014.
>> Bob Costas with sponsored eyepatch — Feb. 9, 2014.

++++ Search on ‘CNBC’ for other related posts >>>>


Click to access CNBC bio for Michelle.

Fancy that. I had no idea. Given her looks and name I had just assumed, quite incorrectly, obviously, that she was from California or thereabouts.

Then last Friday, ‘Black Friday’, while I was listening to CNBC, sipping coffee and reading news on my pad, I happened to hear her say that her folks are in Nashua, New Hampshire and that they were still without power. I was amazed. I looked it up. Sure enough. Appear that the family has been in Nashua for a very long time. She graduated from Nashua High School (South) in 1987. This is good for Nashua. Good for New Hampshire.

She is probably my favorite person on CNBC. I always find her impressive and do so for her cerebrality, understanding of the workings of other countries, her unflappability and common sense. She invariably puts the CNBC male personnel to shame, but that doesn’t take much. She sure seems to know her stuff and seems to do a good job with her research. I am surprised she has got even more prominence within CNBC, though I think part of that is because she likes to travel and doesn’t want to be tied to a anchor desk in New Jersey.

Well I am glad she is from New Hampshire. Great role model for our kids.