Down goes the Dow

Mouth Breather wrote:

Ghost of Igloi wrote:

Just wait until the recession hits and advertising spending is cut along with stock buyback programs.

And when will that be?

12/7/2018, 1:12 pm EST

Ghost of Igloi wrote:

Mouth Breather wrote:

And when will that be?

12/7/2018, 1:12 pm EST

Thanks for once again confirming that you have no idea what you are talking about.

Observer of things wrote:

Ghost of Igloi wrote:

12/7/2018, 1:12 pm EST

Thanks for once again confirming that you have no idea what you are talking about.

Update just for you:

Ghost of Igloi wrote:

Observer of things wrote:

Thanks for once again confirming that you have no idea what you are talking about.

Update just for you:

https://www.morningstar.com/funds/XNAS/HSGFX/betaquote.html

Wow! 1 star!

You just proved my point....again.

Observer of things wrote:

Ghost of Igloi wrote:

Update just for you:

https://www.morningstar.com/funds/XNAS/HSGFX/betaquote.html

Wow! 1 star!

You just proved my point....again.

Wrong, the point is that HSGFX is destroying your portfolio in 2018 and will do so well into the future.

Ghost of Igloi wrote:

Observer of things wrote:

Wow! 1 star!

You just proved my point....again.

Wrong, the point is that HSGFX is destroying your portfolio in 2018 and will do so well into the future.

Not likely.

Very likely. I’ll keep reminding you.

Ghost of Igloi wrote:

Very likely. I’ll keep reminding you.

Sorry to disappoint you, but you’re wrong again.

Observer of things wrote:

Ghost of Igloi wrote:

Very likely. I’ll keep reminding you.

Sorry to disappoint you, but you’re wrong again.

Hussman’s fund has the pulse of the market at this time. Probably a good place to hide in this environment.

Observer of trends wrote:

Observer of things wrote:

Sorry to disappoint you, but you’re wrong again.

Hussman’s fund has the pulse of the market at this time. Probably a good place to hide in this environment.

If for no other reason, their expense ratio would make me steer clear:

Expense Ratio: 1.29%

Cash would be my preference before touching that.

seattle prattle wrote:

Observer of trends wrote:

Hussman’s fund has the pulse of the market at this time. Probably a good place to hide in this environment.

If for no other reason, their expense ratio would make me steer clear:

Expense Ratio: 1.29%

Cash would be my preference before touching that.

The expenses are YUGE. But the terrible track record is what keeps me away.

KeIIy wrote:

seattle prattle wrote:

If for no other reason, their expense ratio would make me steer clear:

Expense Ratio: 1.29%

Cash would be my preference before touching that.

The expenses are YUGE. But the terrible track record is what keeps me away.

Ditto.

seattle prattle wrote:

KeIIy wrote:

The expenses are YUGE. But the terrible track record is what keeps me away.

Ditto.

True, but you have to admit even with expenses it has destroyed most strategies in 2018. Looks like a Bear Market winner!

KeIIy wrote:

seattle prattle wrote:

If for no other reason, their expense ratio would make me steer clear:

Expense Ratio: 1.29%

Cash would be my preference before touching that.

The expenses are YUGE. But the terrible track record is what keeps me away.

It’s a terrible fund run by a investment lightweight.

Observer of trends wrote:

seattle prattle wrote:

Ditto.

True, but you have to admit even with expenses it has destroyed most strategies in 2018. Looks like a Bear Market winner!

My reluctance would be, besides the high fee, timing around the edges. In hindsight, it's easy to call where to enter and when you should have gotten out, but in reality, if you can't know the highs and the all time lows (and you can't), any moderate appreciation is lost or severely compromised by getting in too late or holding too long. With historical averages as bad as it has, it would have to be timed to perfection to be worthwhile.

No, thank you!

seattle prattle wrote:

Observer of trends wrote:

True, but you have to admit even with expenses it has destroyed most strategies in 2018. Looks like a Bear Market winner!

My reluctance would be, besides the high fee, timing around the edges. In hindsight, it's easy to call where to enter and when you should have gotten out, but in reality, if you can't know the highs and the all time lows (and you can't), any moderate appreciation is lost or severely compromised by getting in too late or holding too long. With historical averages as bad as it has, it would have to be timed to perfection to be worthwhile.

No, thank you!

Even Igy won’t buy it and he thinks Hussman is the second coming.

If Hussman is correct, which I believe he is, there will be years of outperformance FROM HERE.

https://mobile.twitter.com/hussmanjp/status/1071425261181263877

So you are saying that he endorses his investment strategy for the foreseeable strategy. That's comforting.

* foreseeable future.