tag:blogger.com,1999:blog-1527840491496268397.post3141617751813647949..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Hussman Annual ReportUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1527840491496268397.post-22376181962331603892012-02-26T20:19:34.925-07:002012-02-26T20:19:34.925-07:001. He is beating the market because he has world-c...1. He is beating the market because he has world-class macro sense regarding valuation and sentiment. That's what I said in the post. I wouldn't bother reading or mentioning his letter if I didn't think he was incredibly competent at this. It's why we link to his market commentary virtually every week. <br /><br />However, his stock portfolio was shockingly bland and uninspired. Pepsi AND Coke? Three newspaper stocks? Starbucks? <br /><br />Huge pharma overweight (very troubled sector; probably the next subprime). <br /><br />Solar stocks (come on!)<br /><br />Microsoft (tired, dying monopoly).<br /><br />No oil *services*, period.<br /><br />He is something of a frustrated academic - as Mark mentions. <br /><br />2. Mark, we write about energy fairly extensively. Clearly there are values developing in natural gas. Also, oil services is pretty cheap.CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-84978465618808192862012-02-26T20:09:31.744-07:002012-02-26T20:09:31.744-07:00P.S. I agree with you. His commentary seems to b...P.S. I agree with you. His commentary seems to be of much higher quality than his portfolio decisions.Markhttps://www.blogger.com/profile/04680448575447312743noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-9778587076120901722012-02-26T20:08:29.252-07:002012-02-26T20:08:29.252-07:00What are the good energy values?What are the good energy values?Markhttps://www.blogger.com/profile/04680448575447312743noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-72714235449163602432012-02-26T20:08:15.855-07:002012-02-26T20:08:15.855-07:00Looks like his stock picks are beating the market ...Looks like his stock picks are beating the market though according to the graph on pg 2.Walterhttps://www.blogger.com/profile/04745318865555357144noreply@blogger.com