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Bash Hussy all you want. You talk about 100+ year periods as valid time references yet you resort to benchmarking over relatively minute time-frames as proof for your theory. Remember to piss on Seth Klarman while you're at it for under-performing for 5.5 years during the mid/late 90s. He...

Of course Hussman's approach is based on solid fundamentals: on normalized profit margins, which have an excellent long-term forecasting track record for 100+ years.

Hedge Fund represent less than 2% of international market cap. How on earth could they possibly have become 'the market'?

Buy SPY and be done with it.

I use the less generic "I produce Internet porn". Reliable conversation killer if you feel annoyed by intrusive questions.

Again, who is "we". Stop pretending you're actually trading for a living.

"We" = you and your mom?

Are apples better than oranges?

Shorting bonds can be expensive over the very long term. However, the lower the rates the cheaper it is. You're "paying" the coupons to the bond holders. Being long a 2x inverse 10y treasury ETF @ 2.5% interest rate plus ETF fees can cost approx. 6.5% annualized. That's a steep hurdle to...

I am talking about your claim Taylor is a "leading trendie". He's not. Is he running AHL, Transtrend, Winton, Bluecrest? He's never mentioned in the same sentence with them because his fund has nothing to do with them strategy-wise. Taylor has never been a mechanical, diversified trend...

Taylor? No, he's not considered a diversified trend follower at all.

They had taped phone calls on Raj talking about intricate details of insider deals. He had no way of talking himself out of the charges. The SEC could have sent their summer interns on the case and would have still won it. They have a bunch of emails that went into Cohen's inbox plus witness...

This is not arbitrage. Your friend is a snakeoil salesman. Tell him I have some "good" pets.com stock to sell to him.

Jesse Livermore blew up multiple times and blew away his head with a gun. Still read the book about five or so times over the last 15 years and will again.

Anyone trading for a living w/ a $25,000 account shouldn't expect more success than any other business owner trying to make a living with a $25,000 starting investment. When relatives ask me what I think they'd need to start investing full-time I tell them half a million is a good size. Never...

I already did. It's the momentum dataset 'Momentum Factor (Mom)'. 85 years worth of trend following evidence in equities. I rest my case.

You're of course completely wrong. See French/Fama's momentum dataset going back to 1927. http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html It is undisputed in the scientific community that 'trends exist' in equities and they represent an exploitable market inefficiency.

Then what % of your net worth do you have in play on this one trade?

Lazy much?

http://is.gd/UEWUn0 Knock yourself out.