Ghost of Igloi wrote:
Posting this largely because it is important but partly since Hussman bugs some posters so much.
Forgot the link:
https://mobile.twitter.com/hussmanjp/status/1050405524339154945Ghost of Igloi wrote:
Posting this largely because it is important but partly since Hussman bugs some posters so much.
Forgot the link:
https://mobile.twitter.com/hussmanjp/status/1050405524339154945hussman does drive me to VIX like peaks of irritation.
it's his tone - to have been so utterly wrong for decades yet write with such confidence and lack of self awareness. It rubs me wrong on the deepest level.
I mean I'm wrong a lot but I'll own up to it and not loudly proclaim the same old wrong truths without any doubt.
I see where you are coming from wrote:
Wake-up in your make-up wrote:
Making up numbers out of thin air to "prove" your point.
Frightening stupidity.
Oh come on now. I was just teasing Igy. I don't think he takes it personally. I think Igy's pretty cool to be honest.
Thanks. I wasn’t offended.
Igy
That's a different discussion than what you brought up. Changing the subject to try and make a point is what you do when you are wrong.
If you don't understand this, you should stay out of the stock market.
No, it's not obvious.
You're the one that asked the question.
Only to the extent that the market price is the same as the price you can get someone to pay.
It's nice you can laugh at yourself.
What do you mean that you don't have a particular view? This is your area of expertise, is it not? ?
agip wrote:
hussman does drive me to VIX like peaks of irritation.
it's his tone - to have been so utterly wrong for decades yet write with such confidence and lack of self awareness. It rubs me wrong on the deepest level.
I mean I'm wrong a lot but I'll own up to it and not loudly proclaim the same old wrong truths without any doubt.
Actually Hussman is very open about errors here is a Tweet from just a week ago:
https://mobile.twitter.com/hussmanjp/status/1047855546626441216Financial DisAdvisor wrote:
Ghost of Igloi wrote:
Maserati,
I have no particular view on the length or depth of the current decline. I will say the character of the market has changed since February. So I doubt that trading around this market will be fruitful. My opinion of course.
Igy
What do you mean that you don't have a particular view? This is your area of expertise, is it not? ?
No I don’t and that is good advice. Also, I don’t believe trading around the current market environment will be fruitful.
The drop has to be deep enough to convince people that fair value has been restored, but not so deep that after-tax profits go too low. Some want to see 15% but IMO that is too deep and will really affect the everyman’s retirement bottom line enough to scare him into paying attention—which nobody wants.
Do you try to find answers to your questions before you pose them?
Yes Igy, it will be dicey. We are not yet committed, there are differing views. Dangerous time, much figuring and navel-gazing to be done tonight. I am going to go for a 5-miler to clear the cobwebs—pretty cool here, but the solitude will ne nice.
This is really an interesting market move, enough to bring me back into town to take a look at things. First time since Feb that i have paid any real attention.
Sorry about the formatting, gibberish.
agip wrote:
Igy does drive me to VIX like peaks of irritation.
it's his tone - to have been so utterly wrong for decades yet write with such confidence and lack of self awareness. It rubs me wrong on the deepest level.
I mean I'm wrong a lot but I'll own up to it and not loudly proclaim the same old wrong truths without any doubt.
Fixed.
Repair Mann wrote:
agip wrote:
Igy does drive me to VIX like peaks of irritation.
it's his tone - to have been so utterly wrong for decades yet write with such confidence and lack of self awareness. It rubs me wrong on the deepest level.
I mean I'm wrong a lot but I'll own up to it and not loudly proclaim the same old wrong truths without any doubt.
Fixed.
There are drugs for that “repair man.”
Maserati wrote:
Yes Igy, it will be dicey. We are not yet committed, there are differing views. Dangerous time, much figuring and navel-gazing to be done tonight. I am going to go for a 5-miler to clear the cobwebs—pretty cool here, but the solitude will ne nice.
This is really an interesting market move, enough to bring me back into town to take a look at things. First time since Feb that i have paid any real attention.
Mazerati,
Hope you had a good run. The weather is nice here for running. Upper fifties with slight afternoon breeze clear and sunny.
Igy
The earlier post was 10/10 HSGFX, this was 10/11:
https://www.morningstar.com/funds/xnas/hsgfx/quote.html
Killing TNA by the way if you are keeping track.
HSGFX outperforming TNA on a YTD basis by +4%, boy that escalated quickly.
Ghost of Igloi wrote:
HSGFX outperforming TNA on a YTD basis by +4%, boy that escalated quickly.
And could reverse itself just as quickly.
Should we have a bet? Gentlemen’s bet, for honor.
Ghost of Igloi wrote:
HSGFX outperforming TNA on a YTD basis by +4%, boy that escalated quickly.
I wouldn’t want to be in either of those funds right now.
Not me wrote:
Ghost of Igloi wrote:
HSGFX outperforming TNA on a YTD basis by +4%, boy that escalated quickly.
I wouldn’t want to be in either of those funds right now.
So what do you want to invest in?