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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: sea_biscuit who wrote (87002)9/28/2007 9:54:50 AM
From: silvertoad  Read Replies (1) | Respond to of 110194
 
i've placed some retirement $ in hussman's two funds and am very comfortable with his careful approach to risk. in those rising markets when things seem overly speculative according to his studies, he will certainly underperform, due to his hedging, as in the last year or so. on the other hand, in the 00-03 bear market he did stellar, actually making about 50% while the SP500 lost about 50%. over the entire bull/bear cycle i expect he will handily beat most mutual funds; but one has to understand there will be periods - sometimes long ones - where it will underperform. in times of likely bear markets i would especially recommend his fund (hsgfx). -j



To: sea_biscuit who wrote (87002)9/28/2007 11:26:57 AM
From: forceOfHabit  Read Replies (1) | Respond to of 110194
 
sea,

That is silly. If you count the performance of the fund from its date of inception till date, there is NOTHING selective about that.

I don't follow Hussman and have no opinion on what sort of alpha he has. On the other hand, you might want to read up on a little thing called "survivor bias".

habit