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Strategies & Market Trends : Value Investing

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From: paulelgin3/13/2012 3:19:07 PM
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Does anyone else take Nassim Taleb's "no choice but to own stocks" interview today as a contrarian call to leave the market? When such a bear comes out bullish (albeit, reluctantly) on stocks, isn't it time to consider heading for the exits?

If you read Hussman, he, too, has been railing since the rally began that this is one of the worst times to own stocks.

I've been very cautious at these levels (70% cash/30% stocks in my portfolio right now). I was 100% cash from January 2011 to October 2011. Any macro thoughts out there? I think we're in for a fairly large pullback in the median-term (6 months to 1 year).

Paul Elgin
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