Zeev's Turnips Patch-No Politics (ZEEV)

[hiker]

Re: Hussman's record before starting his fund

See:

http://moneycentral.msn.com/content/P29902.asp?special=msn

Excerpt:

"Although his tenure at the helm of his mutual fund is short, he published an investment newsletter for nearly 10 years, ending when the fund was begun. Mark Hulbert, editor of Hulbert Financial Digest, says Hussman’s recommended stock portfolio badly lagged the market throughout that period.

His single-digit returns, Hulbert says, “reflect a combination of his stock picking, which was relatively good, and his market timing, which was wrong much of the 1990s. He was bearish a lot of that time.” "


Reading this didn't bother me because it seems to reflect a conservative investment philosophy appropriate for these times.