Dr. John Hussman is the president and principal shareholder of Hussman Econometrics Advisors, the investment advisory firm that manages the Hussman Funds ( http://www.hussmanfunds.com). He holds a Ph.D. in economics from Stanford University, and a Masters degree in education and social policy and a bachelors degree in economics from Northwestern University. Prior to managing the Hussman Funds, Dr. Hussman was a professor of economics and international finance at the University of Michigan. In the mid-1980's, Dr Hussman worked as an options mathematician for Peters & Company at the Chicago Board of Trade, and in 1988 began publishing the Hussman Econometrics newsletter. Virtually all of Dr. Hussman's liquid assets are invested in the Hussman Funds. Note: Dr. Hussman is not an active contributor to Seeking Alpha; rather, SA editors excerpt regularly from Dr. Hussman's public commentary.
I sold my custom cabinetmaking business and retired at age 55. My wife and I got lucky and sold our East Coast properties at the top of the market, and moved to CO where we work in the ski industry. We don't earn much money, but we have enhanced our lifestyle, live in a resort area, have really good health insurance and ski for free. I am now 60 and have been successfully using a total return approach to investing. I plan on taking Social Security when I turn 62, and I only take dividends and some capital gains for income. I am not touching principle.