You can find experts saying 2023 will be a disaster and others who expect big bounce-back.
It's all baloney
That may be true, but it would be hard to justify earning not taking a huge hit in 2023. Then again things happened in this era I never expected in my lifetime. Still doubt it ends well, but I am prepared either way.
Go a head, but Hussman likely just rolling over his options contracts, which in that case you would lose the upside as the market continues to decline. Reducing exposure to Tesla and Bitcoin would be wiser, imho.
HSGFX Performance - Review the performance history of the Hussman Strategic Growth fund to see it's current status, yearly returns, and dividend history.
Even with strong performance of HSGFX and leveraged shorts, booked additional gains Thursday and Friday. If we get a oversold bounce into year end, I will reload for the New Year.
OK, I think it is a byproduct of Fed policy. So maybe, still 99% nonsense.
The whole point of crypto is to create a currency not controlled by Central Bank
That is the sales point, most crypto scammed people. Billions lost, so not a lot of utility there. The largest crypto asset burns the electricity of a small country, and most of the assets are owned by a very small percentage of addresses.
The whole point of crypto is to create a currency not controlled by Central Bank
That is the sales point, most crypto scammed people. Billions lost, so not a lot of utility there. The largest crypto asset burns the electricity of a small country, and most of the assets are owned by a very small percentage of addresses.
I am totally with you on the outrage over the exorbitant energy sink that crypto is. That's the end-all as far as I am concerned, frankly.
But regarding your point of billions of dollars lost, is that really true? I mean, for every dollar lost in a trade, somebody made a dollar. Net sum gain of zero, no?
Just talking about in a theoretical level, excluding costs of mining, etc.
That is the sales point, most crypto scammed people. Billions lost, so not a lot of utility there. The largest crypto asset burns the electricity of a small country, and most of the assets are owned by a very small percentage of addresses.
I am totally with you on the outrage over the exorbitant energy sink that crypto is. That's the end-all as far as I am concerned, frankly.
But regarding your point of billions of dollars lost, is that really true? I mean, for every dollar lost in a trade, somebody made a dollar. Net sum gain of zero, no?
Just talking about in a theoretical level, excluding costs of mining, etc.
In the 12 months since bitcoin peaked at over $68,000, the crypto trade has unwound, sending many coins to zero and hedge funds and lenders into bankruptcy.
The whole point of crypto is to create a currency not controlled by Central Bank
That is the sales point, most crypto scammed people. Billions lost, so not a lot of utility there. The largest crypto asset burns the electricity of a small country, and most of the assets are owned by a very small percentage of addresses.