tar42:

LOL, Chin, I simply explain what I do and how it fits my needs. Your need and insistance to have answers that satisfy your curious mind is a bit comical, Chin. I have on this thread express how I  handle my portfolio and why I chose certian funds over others.

"lash out"? Chin, you are much too sensitive. I have no intention what so ever to defend my every postion beyond what I have stated.

"pissing match" ? by my saying "give it a break"?

Except the fact that I hold certian funds, reduce others when I feel it's necessary and that my allocations differ greatly from yours.

Tim

Tim, at what point does your "faith" in Oakmark's investing prowess end, and your faith in your superior abilities begin?  :-)

I surmise that you have a very fluid asset allocation, and there is no rhyme or reason to the % held of the various funds -- you'll adjust based upon your interpretation of current market conditions.  You've provided no answers to Chin's questions because you have no answers.  Or am I wrong?