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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (62741)3/14/2012 8:16:19 PM
From: Box-By-The-Riviera™5 Recommendations  Read Replies (1) | Respond to of 119360
 
indeed. i was merely illustrating some points.

i have a high regard for the names you mentioned. not cheaters, not liars, not manipulators, not trying to move their positions by trying to move markets for a cheap one off. they are not vested in ways, that they could do that for example. where others are or try to be.

i will give one example however. faber has been bullish for as long as this rally has been in place. that is a fact.

but his position is in actuality, 25 % equities, 25 % real estate, 25 % gold, and 25% cash. at last word as late as 30 days ago.

so.. just how bullish is he and has he been, would be the first question.

the second question is, what percentage of his assets are devoted to ueber long term illiquid instruments that can be defined as capital preservation? answer: 50%

what's left after the 50% to support the market "friendly" set of comments?

a mere 25% committed, and 25% on the sidelines.

all in, bullish? i think not. I think, he is a very very practical man and no one who watched him took a look at his real and true underlying stance. even though it was published for all to see.

marc did a swell job of not lying while at the same time did not profer an opinion that was hypocritical and clearly to the right side of truthful and forthright, if anyone cared to take a look, in real terms. i took a look because i didn't agree with it and i was surpised by it. once looking, it was not the headline, it was what i could definitely accept as very very plausible, rational, practical, and thoughtful and proffered with a reasonable basis for me to consider it, worthy of consideration.

in this case, masterfully orchestrated and without a single lie told.

anyway, i think you can see, in regard to your point, what i'm saying.