Here’s another one. Remember all of Igy’s bluster at the end of 2018 regarding that idiot Hussman’s fund HSGFX? Well it’s down almost 7% YTD. So we’re talking about roughly a 20% difference compare to the S&P for the first quarter. LOL!
Here’s another one. Remember all of Igy’s bluster at the end of 2018 regarding that idiot Hussman’s fund HSGFX? Well it’s down almost 7% YTD. So we’re talking about roughly a 20% difference compare to the S&P for the first quarter. LOL!
"A drowning man will clutch at a straw."
This is the only explanation why he would latch onto something like an IPO on opening day that closes up for the day (though down from where it began trading due to heightened demand). All to divert attention from the fact that he has been vociferously backing proven junk like Hussman's Strategic Growth fund, which is down more than 37% over the life of the fund. How does a fund that consistently bad even survive?!
Sad.
The cheery-picking is getting harder and harder to come by but I am sure there will be a stock on the next trading day with some fluctuation to spin negatively.
Yea and all your crying at the end of last year. Just the beginning. The bear market started September 20th. Powell caved into a market that can’t handle even the slightest interest rate move. And now you think things have changed? Yield curve inversion, massive amounts of leverage and debt. Even the Administration’s pumping attempts are less effective. I will be here to remind you that valuations matter and this is the biggest asset bubble in history. It will be your problem and not mine.
Ghost of Igloi wrote:
Yea and all your crying at the end of last year. Just the beginning. The bear market started September 20th. Powell caved into a market that can’t handle even the slightest interest rate move. And now you think things have changed? Yield curve inversion, massive amounts of leverage and debt. Even the Administration’s pumping attempts are less effective. I will be here to remind you that valuations matter and this is the biggest asset bubble in history. It will be your problem and not mine.
I wasn’t crying. I was BUYING!
You’re a one-trick pony. If valuations mattered as much as you think, the Bull never would have lasted 10+ years. You just regurgitate the stink that Hussman spews. Think for yourself before it’s too late.
Likewise, the portions i did sell in the fall i also quickly bought back. Currently i am 5% off of my all time high in my actively traded accounts and less than 3% in my buy-and-hold retirement accounts.
Contrarian indicator alert wrote:
Ghost of Igloi wrote:
Yea and all your crying at the end of last year. Just the beginning. The bear market started September 20th. Powell caved into a market that can’t handle even the slightest interest rate move. And now you think things have changed? Yield curve inversion, massive amounts of leverage and debt. Even the Administration’s pumping attempts are less effective. I will be here to remind you that valuations matter and this is the biggest asset bubble in history. It will be your problem and not mine.
I wasn’t crying. I was BUYING!
You’re a one-trick pony. If valuations mattered as much as you think, the Bull never would have lasted 10+ years. You just regurgitate the stink that Hussman spews. Think for yourself before it’s too late.
He's been moving the goal posts on his predictions for 4 years. No big deal! I think everybody has come to realize, he doesn't know what he's talking about.
purple martin wrote:
Contrarian indicator alert wrote:
I wasn’t crying. I was BUYING!
You’re a one-trick pony. If valuations mattered as much as you think, the Bull never would have lasted 10+ years. You just regurgitate the stink that Hussman spews. Think for yourself before it’s too late.
He's been moving the goal posts on his predictions for 4 years. No big deal! I think everybody has come to realize, he doesn't know what he's talking about.
Here is one from Iggy 3 years ago:
Ghost of Igloi
registered
RE: Down goes the Dow 11/21/2016 6:46PM - in reply to Econ 101
Reply Return to Index Report Post
Econ,
I was pointing out a couple of facts: 1) the market was about 5% lower on 11/4/2016, under the 12/31/2014 close; not ancient history; 2) as the market has advanced the PE valuation has become more distorted, 3) this move has been driven by short term institutional money.
The angst comes from those that can't handle a challenge to the Bullish meme.
Igy
?
15 month S&P 500 return 0.787% with reinvested dividends 2.288% underperforming CDs and T-Bills??
Ghost of Igloi wrote:
15 month S&P 500 return 0.787% with reinvested dividends 2.288% underperforming CDs and T-Bills??
But Ghost, go back 1 year prior to that and the same S&P is returning 12.2%. Go back an additional year and it is returning 15%!
Ghost of Igloi wrote:
https://www.zerohedge.com/s3/files/inline-images/SP500-Chart1a-032919.png?itok=Rbu2jGbB
Your beloved HSGFX has a 10-year return of Negative 12.25% versus a positive 4% for the benchmark.
https://finance.yahoo.com/quote/HSGFX/performance?p=HSGFXMore relevant: 2018 +8.28%, 15 month +1.36%
Ghost of Igloi wrote:
More relevant: 2018 +8.28%, 15 month +1.36%
How so?
wondering wrote:
Ghost of Igloi wrote:
More relevant: 2018 +8.28%, 15 month +1.36%
How so?
You didn't know that cherry-picked dates on short-term returns are more relevant than long-term returns?
Like you cherry picking 100 year data when the 20 year returns are half that amount. Just wait until this cycle hits bottoms. It will be the “tears of trailing returns.” ?
Ghost of Igloi wrote:
Like you cherry picking 100 year data when the 20 year returns are half that amount. Just wait until this cycle hits bottoms. It will be the “tears of trailing returns.” ?
We've been waiting.... And waiting. And maybe it's already hit bottom?
seattle prattle wrote:
Ghost of Igloi wrote:
Like you cherry picking 100 year data when the 20 year returns are half that amount. Just wait until this cycle hits bottoms. It will be the “tears of trailing returns.” ?
We've been waiting.... And waiting. And maybe it's already hit bottom?
and we’ll see how your portfolio performs over the coming year....
https://www.zerohedge.com/s3/files/inline-images/10%20largest%20companies%20since%202000.jpg?itok=HS0X5XQRAnd yours as well. How are you feeling about things in general? Not just a few month window. In general, you know, over the long term, where it counts.
Nothing has changed in my view just worse. Hope you personallly do well. Just a market view.