Dew, What do you think about the opinions/analysis of John Hussman such as in this piece for this week, http://www.hussmanfunds.com/wmc/wmc131111.htm ? I appreciate the analysis you share on this and other boards. But even if one acknowledges the obvious worldwide demographic trends, this wouldn't mean that world markets couldn't experience another shock like 2008. Have you addressed the possibility of such an event on any board where you post? Do you hedge your portfolio with put options or otherwise? Thanks.