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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (111970)5/16/2015 9:46:25 AM
From: Robin Plunder  Read Replies (2) | Respond to of 218182
 
Yes, good points.

I think one of the issues separating sites like financial sense and zerohedge is that the former provides money management services, while the latter does not.

A money manager is measured in real time for performance, and must compete with all other money managers...whereas an informational site such as zerohedge is not competing on a performance basis, and can focus on longer term issues, or on unpleasant issues that might normally send customers of financial services into fear and risk avoidance. Hugh Hendry is an example of this issue, in which his short term analysis of systemic risks and long term fundamental concerns were driving him to professional suicide, so he flipped his policy and went with the herd.

For an individual such as myself, I do not need to compete with other money managers on a short term basis, I can step outside the casino and rely on my own profession to sustain my life, and find other less risky areas, such as real estate in foreclosure in desirable locations, rather than make a bet on the reflation trade lifting stocks one more time...

Financial sense has had a great track record, and they might well navigate these strange and unprecedented markets successfully, but not all of us need to follow that path.

RP



To: bart13 who wrote (111970)5/16/2015 10:38:10 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 218182
 
You certainly never saw the post-9/11 real estate bubble for the danger that it was, but I did and so did quite a number of people you disagreed with.

Having staked out your territory of being consistently wrong and fact free, why change now?