Quote from stussy:
Dude, in your so called marathon, you underperformed a money market fund. Now in July, the market lost 3%. It is impossible to go SHORT and still LOSE $$. Well, congrats Tim, because you just show the world IMPOSSIBLE is nothing.
1. My fund is short biased, not 100% short, I also take longs, unfortunately.
2. This marathon lasts decades, one month, one year, and even five years are drops in the bucket. Even though we focus on short-term gains, we have to look beyond these short-time horizons to be willing to learn through our successes and our failures to achieve truly great things over time.