I wouldn't completely ignore him. He's actually proven to a pretty reliable contrarian indicator.
I wouldn't completely ignore him. He's actually proven to a pretty reliable contrarian indicator.
He who laughs last, laughs loudest....
mellon,
As usual you like to twist to your own narrative. Your kind of a dweeb.
Igy
"Put simply, most apparent “opportunities†to obtain investment returns above zero in conventional assets over the coming decade are based on a misunderstanding of valuations, total returns, and historical yield relationships. At current valuations, virtually everything is priced for a decade of zero. The unwinding of these speculative extremes is likely to be chaotic, and will likely occur over a shorter horizon than investors imagine. That chaos, driven not by central bank tightening but by an emerging default cycle, will usher in fresh investment opportunities in conventional assets, where presently there are none."
By John P. Hussman, Ph.D.
President, Hussman Investment Trust, Weekly Commentary 8/15/2016
"If a person can be too smart for his own good, as the aphorism goes, portfolio manager John Hussman may be feeling the agony of high intelligence right about now....Hussman’s persistently poor performance is an object lesson in the futility of trying to outsmart the market, a temptation to which some very smart people succumb either through security selection or market timing."
From "Hussman's Returns, Like His Corecasts, Are Dismal"
Research Magazine
Gil,
In case you missed it, HSTRX #1 of 353 funds, one year +13.58%. Doing better than you by the way.
http://www.morningstar.com/funds/xnas/hstrx/quote.html
Igy
One year? Hey, even a blind squirrel occasionally finds an acorn.
Oh and I love how that link shows the fund significantly trailing a moderate risk target index over 5-10 years. Well done, John Hussman!
Gil,
I will check-in with you when Hussman's predictions become realized.
Igy
Ghost of Igloi wrote:
mellon,
As usual you like to twist to your own narrative. Your kind of a dweeb.
Igy
Hey! Your advise to get in a heavily stock allocated fund is the most sensible thing you've said. It's your contradictory lame doomsday predictions, trying to convince people you know what your talking about, that need to be ignored.
Ghost of Igloi wrote:
Gil,
I will check-in with you when Hussman's predictions become realized.
Igy
And when will that be? He's been wrong for the last several years, so his luck is bound to change eventually. But we all know the market will crash at some point. Unless he can tell us exactly when that will happen, his doomsday predictions are worthless.
over ripe mellon,
I didn't advise you or anyone else dweeb.
Igy
Gil,
As soon as all the Muppets realize that the third over 50% market drop in the last sixteen years is upon them. When, sooner then you think.
Igy
You dance well. That's about it.
Ghost of Igloi wrote:
over ripe mellon,
I didn't advise you or anyone else dweeb.
Igy
I assume you're referring to today, because you've certainly advised others here before today.
Ghost of Igloi wrote:
Been there done that:
https://en.m.wikipedia.org/wiki/Dow_36,000
People want you banned for some reason. Please post nicely.
Sorry rojo, I shouldn't have called "mellon" an "over ripe mellon."
rojo wrote:
People want you banned for some reason. Please post nicely.
Sorry if we pushed him over the edge!
I promise to back off a little.
rojo,
I forgot I also called him a dweeb, I apologize. He was the same guy that was stealing my handle, so a simple "jerk" will do.
Igy
Gil,
I dance the same waltz....
http://www.cnbc.com/2016/08/16/billionaire-investors-turn-bearish-as-us-stocks-hit-record-highs.html
Igy
Goodbye, Figy. It was funny for awhile.