He’s a Lib so maybe he thinks men can get pregnant. Pregnant 🫃
A fund that is supposed to thrive when the market is down and has typically gained 1/2 of the loss in the S+P 500 loses 0.58% when the market is up 0.13%? WTF?
He’s a Lib so maybe he thinks men can get pregnant. Pregnant 🫃
A fund that is supposed to thrive when the market is down and has typically gained 1/2 of the loss in the S+P 500 loses 0.58% when the market is up 0.13%? WTF?
Morningstar ratings for funds go from 5 stars (the best) to 1 star (the worst). HSGFX has one star. Morninstar considers it a terrible fund. I guess the minimum star rating it can issue is 1 star otherwise HSGFX would have ZERO stars. Read about the star ratings here ...
A fund that is supposed to thrive when the market is down and has typically gained 1/2 of the loss in the S+P 500 loses 0.58% when the market is up 0.13%? WTF?
Morningstar ratings for funds go from 5 stars (the best) to 1 star (the worst). HSGFX has one star. Morninstar considers it a terrible fund. I guess the minimum star rating it can issue is 1 star otherwise HSGFX would have ZERO stars. Read about the star ratings here ...
The morningstar rating system rates how the fund does relative to similar funds. So HSGFX does very poorly relative to funds that attempt to do what it does. That link explains how it issues stars.
Morningstar ratings for funds go from 5 stars (the best) to 1 star (the worst). HSGFX has one star. Morninstar considers it a terrible fund. I guess the minimum star rating it can issue is 1 star otherwise HSGFX would have ZERO stars. Read about the star ratings here ...
I understood it would be okay in a declining market.
It has not been good when the market down nor when the market is up
like most permabears, hussman is a goldbug. Gold miners are down 3% today, and 20% this year. No doubt hussman backed up the truck on gold miners, seeing big inflation, political instability, war, etc. But nah didn't work. Esp today.
And he probably has a short on the dollar, but who knows. That would have blown up in his face this year too.
Point is, to invest with hussman you have to understand the permabear mindset and agree with that. They will bet with gold, against stocks, against tech, against low interest rates, for high inflation etc. Always, always, always against the USA. Always against fiat currency.
They like things you can touch...gold, oil, etc. They hate service industries and see them as frivolous. They hate the economy of the US of the last 22 years with a passion I think you in particular can probably understand. The persistent high valuations of US stocks and our high debt led them to think the end was coming. In 2002. But here we are 20 years later doing quite well. Drives them insane.
But point is, Hussman isn't a generic inverse fund. it's a classic US bear fund with all its tics and tendencies. Make sure you understand that.
I understood it would be okay in a declining market.
It has not been good when the market down nor when the market is up
like most permabears, hussman is a goldbug. Gold miners are down 3% today, and 20% this year. No doubt hussman backed up the truck on gold miners, seeing big inflation, political instability, war, etc. But nah didn't work. Esp today.
And he probably has a short on the dollar, but who knows. That would have blown up in his face this year too.
Point is, to invest with hussman you have to understand the permabear mindset and agree with that. They will bet with gold, against stocks, against tech, against low interest rates, for high inflation etc. Always, always, always against the USA. Always against fiat currency.
They like things you can touch...gold, oil, etc. They hate service industries and see them as frivolous. They hate the economy of the US of the last 22 years with a passion I think you in particular can probably understand. The persistent high valuations of US stocks and our high debt led them to think the end was coming. In 2002. But here we are 20 years later doing quite well. Drives them insane.
But point is, Hussman isn't a generic inverse fund. it's a classic US bear fund with all its tics and tendencies. Make sure you understand that.
The commercials for gold always cherry pick a specific date to distort the average annualized returns for gold. So I picked a random date of 2000 when it was the time Hussman fund started. I would never invest in gold but since that time until 2021 gold has an annualized return of 19%. That is crazy good. The S & P has done great as well and Hussman of course has done terribly.
like most permabears, hussman is a goldbug. Gold miners are down 3% today, and 20% this year. No doubt hussman backed up the truck on gold miners, seeing big inflation, political instability, war, etc. But nah didn't work. Esp today.
And he probably has a short on the dollar, but who knows. That would have blown up in his face this year too.
Point is, to invest with hussman you have to understand the permabear mindset and agree with that. They will bet with gold, against stocks, against tech, against low interest rates, for high inflation etc. Always, always, always against the USA. Always against fiat currency.
They like things you can touch...gold, oil, etc. They hate service industries and see them as frivolous. They hate the economy of the US of the last 22 years with a passion I think you in particular can probably understand. The persistent high valuations of US stocks and our high debt led them to think the end was coming. In 2002. But here we are 20 years later doing quite well. Drives them insane.
But point is, Hussman isn't a generic inverse fund. it's a classic US bear fund with all its tics and tendencies. Make sure you understand that.
The commercials for gold always cherry pick a specific date to distort the average annualized returns for gold. So I picked a random date of 2000 when it was the time Hussman fund started. I would never invest in gold but since that time until 2021 gold has an annualized return of 19%. That is crazy good. The S & P has done great as well and Hussman of course has done terribly.
S&P 500 3/2000 thru 1/2022 peak to peak annual return 6.7% = not so great
HSGFX 12.46% YTD
I would assume if the aftermarket is any indication of Tuesday’s close, HSGFX will advance further YTD versus all domestic indices.
S&P 500 3/2000 thru 1/2022 peak to peak annual return 6.7% = not so great
HSGFX 12.46% YTD
I would assume if the aftermarket is any indication of Tuesday’s close, HSGFX will advance further YTD versus all domestic indices.
You’re comparing 22 years of the S&P with 7 months of HSGFX? Talk about cherry picking, or apples vs oranges…let’s just call it fruit salad. How has HSGFX done in the same time period you used for the S&P?
like most permabears, hussman is a goldbug. Gold miners are down 3% today, and 20% this year. No doubt hussman backed up the truck on gold miners, seeing big inflation, political instability, war, etc. But nah didn't work. Esp today.
And he probably has a short on the dollar, but who knows. That would have blown up in his face this year too.
Point is, to invest with hussman you have to understand the permabear mindset and agree with that. They will bet with gold, against stocks, against tech, against low interest rates, for high inflation etc. Always, always, always against the USA. Always against fiat currency.
They like things you can touch...gold, oil, etc. They hate service industries and see them as frivolous. They hate the economy of the US of the last 22 years with a passion I think you in particular can probably understand. The persistent high valuations of US stocks and our high debt led them to think the end was coming. In 2002. But here we are 20 years later doing quite well. Drives them insane.
But point is, Hussman isn't a generic inverse fund. it's a classic US bear fund with all its tics and tendencies. Make sure you understand that.
The commercials for gold always cherry pick a specific date to distort the average annualized returns for gold. So I picked a random date of 2000 when it was the time Hussman fund started. I would never invest in gold but since that time until 2021 gold has an annualized return of 19%. That is crazy good. The S & P has done great as well and Hussman of course has done terribly.
gold has done ok this century, yes.
GLD is a big gold ETF - since its inception in 2004 the fund is up 7.5% per year. Pretty good.
But the importance of start dates is huge...over the last ten years it has zero return. Zero. So in real, after-inflation terms it has lost a large amount. And gold buyers buy gold partly to hedge against inflation so that's got to hurt.
I understood it would be okay in a declining market.
It has not been good when the market down nor when the market is up
like most permabears, hussman is a goldbug. Gold miners are down 3% today, and 20% this year. No doubt hussman backed up the truck on gold miners, seeing big inflation, political instability, war, etc. But nah didn't work. Esp today.
And he probably has a short on the dollar, but who knows. That would have blown up in his face this year too.
Point is, to invest with hussman you have to understand the permabear mindset and agree with that. They will bet with gold, against stocks, against tech, against low interest rates, for high inflation etc. Always, always, always against the USA. Always against fiat currency.
They like things you can touch...gold, oil, etc. They hate service industries and see them as frivolous. They hate the economy of the US of the last 22 years with a passion I think you in particular can probably understand. The persistent high valuations of US stocks and our high debt led them to think the end was coming. In 2002. But here we are 20 years later doing quite well. Drives them insane.
But point is, Hussman isn't a generic inverse fund. it's a classic US bear fund with all its tics and tendencies. Make sure you understand that.
I understand it has done quite poorly since I bought it.
The commercials for gold always cherry pick a specific date to distort the average annualized returns for gold. So I picked a random date of 2000 when it was the time Hussman fund started. I would never invest in gold but since that time until 2021 gold has an annualized return of 19%. That is crazy good. The S & P has done great as well and Hussman of course has done terribly.
S&P 500 3/2000 thru 1/2022 peak to peak annual return 6.7% = not so great
HSGFX 12.46% YTD
I would assume if the aftermarket is any indication of Tuesday’s close, HSGFX will advance further YTD versus all domestic indices.
S&P 500 3/2000 thru 1/2022 peak to peak annual return 6.7% = not so great
HSGFX 12.46% YTD
I would assume if the aftermarket is any indication of Tuesday’s close, HSGFX will advance further YTD versus all domestic indices.
You’re comparing 22 years of the S&P with 7 months of HSGFX? Talk about cherry picking, or apples vs oranges…let’s just call it fruit salad. How has HSGFX done in the same time period you used for the S&P?
$10,000 invested in S & P on 3/2000 through year-end 2021 (don't have the number for through today) would be worth $50,000.
$10,000 invested in Hussman (HSGFX) on 3/2000 through year-end 2021 would be worth $10,069.
You’re comparing 22 years of the S&P with 7 months of HSGFX? Talk about cherry picking, or apples vs oranges…let’s just call it fruit salad. How has HSGFX done in the same time period you used for the S&P?
$10,000 invested in S & P on 3/2000 through year-end 2021 (don't have the number for through today) would be worth $50,000.
$10,000 invested in Hussman (HSGFX) on 3/2000 through year-end 2021 would be worth $10,069.
All I know is my performance is very good versus almost any investment. Oh, by the way SARK up 4% today.
All eight indexes on our world watch list posted losses through July 25, 2022. The top performer is London's FTSE 100 with a YTD loss of 1.06%. Tokyo's Nikkei 225 is in second with a loss of 3.79% and India's BSE SENSEX is in third with a loss of 4.27%. Coming in last is Germany's DAXK with a loss of 19.45% YTD.
Last week made my ETF against the market combined with my individual stock picks ended up ahead. When the market was up or down, my indiv picks out peformed it.
1st 2 days of this week and all about $500 of last week's gain gone as I near my lowest point in 2 years. Indiv picks doing way worse than market.
Hussman in theory should do well today (still awaiting) but as we have seen it has consistently disappointed