rjstc

John Hussman: Buying Near the Bottom

Who Cares. If you don't worry about "Meaningful, or Tradeable", but instead focus on not trying to time a bottom. But instead figure that you can be buying at some pretty good prices that may in the short term go up or down 10-20%. But over the long term should turn out to have been really cheap (the price you pay determines the return you get). I suspect you will do quite well.


On Dec 09 09:16 AM adan wrote:

> very nice article, thanks!
>
> i did want to say the rapidly growing counter-consensus that things
> are somewhat possibly bottoming, makes me wary we may have one or
> more "clunks" down, before the next meaningful, or tradeable low
> - just an opinion though :-)