New Trend Follower: John P. Hussman

A reader forwarded me this link and highlighted this excerpt:

But our year-to-date returns might now be into a second digit had I recognized that investors have learned utterly nothing from the bubbles and collapses of the past decade. That recognition might have encouraged a greater weight on trend-following measures versus fundamentals, valuations, price-volume sponsorship, and other factors.

Thanks for coming over to the “dark side” John! 🙂