This is a very smart guy with a good track record. Too smart. The analysis is focused on the moment in time. Obviously, nobody but the stupid bulls knew what Google could do with their business model.
I wonder if he is still short. With the stock at $680, maybe it’s time to double down :) ? It could bring his average short price down into the $300’s.
Disclosure – Long Google.
Holy shit, that man is a fucktard.
He deserves an asshat award.
Yeah, he just got shitcanned on Wellcare Health Plans last week. He is on his way to a fifth straight calendar year of bull market underperformance.
Fly, what would your investors do if you underperformed for five straight years?
Bill–
I would lose them after the first.
I would just make up numbers :)
Maybe you should try writing a bear-tarded weekly column about how the market will collapse soon, and how only you know the “answer” to survive it. Hussman’s funds have grown, assets under management up hugely in the last three years.
Despite the underperformance.
Must be the advertising …
that is why his fund’s performance is only up 7% this year. What a pity fund manager!