VOCABULARY: “Clean Shares” in Mutual Funds

Monday, June 5, 2017


WSJ Wealth Adviser Briefing: Clean Shares
By Brian Hershberg
May 30, 2017 5:30 am ET

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With the fiduciary rule set to take effect June 9, WSJ Wealth Adviser’s Daisy Maxey took a look at a new type of mutual-fund share that stands to gain traction.

These “clean shares” charge only the fee to manage and operate a mutual fund, and don’t include payments to distributors, such as the broker-dealers and retirement-plan platforms that sell the funds. Stripped from clean shares are fees to compensate brokers for providing advice and 12b-1 fees, which pay for marketing, printing and prospectuses and other shareholder services.

As it is today, investors who buy class A shares of a mutual fund through a broker, for example, typically pay a sales charge that may range from 2.25% to 5.75%, according to Morningstar Inc. It’s easy for investors to overlook that payment to the broker because it’s bundled in with cost of the fund’s management, and the fund company passes it onto the distributor.

With clean shares, investors will likely pay 60% to 70% less to buy a fund, says Paul Ellenbogen, head of global regulatory solutions at Morningstar. If they want a broker’s advice, however, they would have to pay for that separately

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Seems like a great idea.

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VOCABULARY: “Tainted Leaks”

Sunday, June 4, 2017


Schneier on Security
Tainted Leaks

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This report describes an extensive Russia-linked phishing and disinformation campaign. It provides evidence of how documents stolen from a prominent journalist and critic of Russia was tampered with and then “leaked” to achieve specific propaganda aims. We name this technique “tainted leaks.” The report illustrates how the twin strategies of phishing and tainted leaks are sometimes used in combination to infiltrate civil society targets, and to seed mistrust and disinformation. It also illustrates how domestic considerations, specifically concerns about regime security, can motivate espionage operations, particularly those targeting civil society.

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NOW, this is something to be concerned about.

It’s going to make “leaks” harder to determine and authenticate.

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VOCABULARY: The word “Wikihole” leads to “Unit 731”

Monday, May 8, 2017


19 Wikipedia Pages That’ll Send You Into A Week-Long Wikihole See you next week.
Posted on September 12, 2016, at 12:24 p.m. Ellie Bate  Buzz Feed Staff

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We recently asked members of the BuzzFeed Community to tell us which Wikipedia articles they love to waste time reading. Here are their recommendations…

1. Unit 731
Suggested by Lurker8.

Unit 731 was a unit of the Japanese Imperial Army that carried out brutal (and, in many cases, lethal) experimentation on human beings during World War II under the guise of chemical and biological research. For the majority of the time it was active, the unit acted under the command of General Shiro Ishii, and was responsible for the deaths of up to 250,000 people. The worst part? Instead of being put on trial for human experimentation, the people involved with the unit were granted immunity by the US government in exchange for the data they had gathered.

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While I found the concept of a “Wikihole” fascinating, the first suggestion was shocking!

Once again the US Gooferment does the unthinkable and the unforgivable.

The blood of a ¼ million human beings is on that “data” and amnesty.


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VOCABULARY: Is calendarize a word?

Saturday, April 15, 2017

Is calendarize a word?

I accidentally used it in a text message. And it wasn’t flagged?

So I googled it and it had it. 

Thought that was odd; like me. So I went to my bookmarked dictionary site.




So then I tried another site. 





[kaluh n-duh-rahyz] 
Spell Syllables
verb (used with object)calendarized, calendarizing.


to calendar; add (an appointment, event, deadline, etc.) to acalendar, schedule, or timetable.
Origin of calendarizeExpand
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.

calendarize. Dictionary.com. Dictionary.com Unabridged. Random House, Inc. http://www.dictionary.com/browse/calendarize (accessed: April 8, 2017).

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So now I have TWO dictionaries bookmarked and I didn’t invent anything.

Sigh! So sad.


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VOCABULARY: U say potato; I say potatoe

Friday, April 14, 2017


Remember Dam Quayle and “potato” versus “potatoe”?

Funny thing is that’s how I learned to spell it — with the “oe”.

I’ll have to find and check an old dictionary!

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(1) “Potato.” Merriam-Webster.com. Merriam-Webster, n.d. Web. 8 Apr. 2017.

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VOCABULARY: “Grocerant”

Wednesday, April 12, 2017


Millennials Driving The ‘Grocerant’ Trend, Especially In Chicago
April 5, 2017 7:26 PM By  Kris Kridel

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(CBS) — Fine dining may be just as close as your neighborhood grocery store.

One of the latest trends, especially among Millennials, is to have dinner at Whole Foods or other grocery stores with ready-to-eat dishes. In fact, there is a name for that type of place: a “grocerant.”

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How romantic?

Enuf said on that word!

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Millennials Driving ‘Grocerant’ Trend, Especially In Chicago

VOCABULARY: Clover — from a little L libertarian pov

Monday, April 10, 2017


from Eric Peters Auto 

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I get asked – what’s a Clover? Definition herewith:

* Clover (noun):

The root cause of every affront to liberty. The spoonful of poo that ruins a gallon of ice cream. Clovers are instinctive authoritarian control freaks. They can be found on the political left and the political right and in between. They do not believe in live and let live. They believe in telling others how to live – using violence and threats of violence to coerce obedience.

Clovers can’t abide the organic society, voluntary interaction or free exchange. The are driven to control and regulate and micromanage and absolutely will not leave you alone.


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Clovers think people are too irresponsible and foolish to be trusted to govern themselves – but put limitless trust in people (that is, uber Clovers) once adorned with special titles and costumes such as “officer” and “senator” and “president.”     

Clovers consider other people their property – as evidence by their limitless desire to control other people, even to the extent of dictating to them what they may do with their own bodies.

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Most rank-and-file Clovers are, at bottom, bullies and busybodies – but also cowards who hide behind euphemisms (see above regarding “taxes”) and proxies like the ballot box. They are not bold enough to actually take other people’s things themselves and shy away from telling other people what to do – such as personally telling their neighbor to “buckle up for safety” – but are eager to vote to have others perform this work on their behalf.

Clovers are generally only dangerous in herds.

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I admire a person who speaks the truth, from my pov, and is willing to pay the price for it. (Google banned him from serving ads and making money thru them. That’s their right, but I don’t like it.)

May I suggest you support him? I do.

And he puts out GREAT car articles too.

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Clovers think people are too irresponsible and foolish to be trusted to govern themselves – but put limitless trust in people (that is, uber Clovers) once adorned with special titles and costumes such as “officer” and “senator” and “president.”     

Clovers consider other people their property – as evidence by their limitless desire to control other people, even to the extent of dictating to them what they may do with their own bodies.


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