Nice Article from Hussman# Investment - 投资
r*r
1 楼
http://hussmanfunds.com/wmc/wmc040510.htm
"As I noted last week, the result of that tight bond-dollar linkage was one of
the deeper monthly pullbacks we've seen in historical tests of our fixed
income approach in four decades of data. I realize that some investment
managers might not consider a single-digit pullback worthy of discussion, but
I believe that the better our shareholders understand our approach, risk
management, and factors that influence our returns, the more likely they are
to adh
"As I noted last week, the result of that tight bond-dollar linkage was one of
the deeper monthly pullbacks we've seen in historical tests of our fixed
income approach in four decades of data. I realize that some investment
managers might not consider a single-digit pullback worthy of discussion, but
I believe that the better our shareholders understand our approach, risk
management, and factors that influence our returns, the more likely they are
to adh