nearly retired wrote:
I feel like I'm wasting some of the precious few breaths I have left, but just one last time I will try, patiently I might add, to explain. Igy's HSGFX, like many other available investment instruments serves as a possible hedge against a falling market. Nobody in their right mind (including, certainly, Hussmann) would counsel anybody to put all (or even most) of their money into it, nor to hold a big chunk for the long term, like since inception.
The vibe I get from Hussman and Igy, his most dedicated disciple, is that the end is coming and that you should absolutely go all in on his fund at all times.
For Hussman I guess that makes sense. He's a salesman and makes money off commission and the like.