John Hussman wrote:
It’s great to see all this talk about my wonderful fund. My thanks to Igy and K5 for their support. Today we were up a full nickel which puts us a solid 2 cents above our 30-day low. It’s up, up, and away for this fund.
To those nay sayers out there (I’m looking at you, Sally), we are now only a little more than 30% below where we were at inception. And we’ve accomplished this early in our third decade! What other funds can make a claim like that? Finally regarding the 1.23% fee, a guy’s gotta eat. And without that 1.5% early withdrawal charge, people would leave the fund in droves. We’ve already lost about 80% of our deposits. We need the fund to survive so that Igy will have something to post about. (He has a yuge man crush on me.)
Thanks again for all of your support (except Sally).
lol. Good stuff.