winner69
19-05-2014, 07:06 PM
A little story -
The gods had condemned Sisyphus to ceaselessly roll a stone to the top of a mountain, whence the stone would fall back of its own weight. At the very end of his effort measured by skyless space and time without depth, the purpose is achieved. Then Sisyphus watches the stone rush down in a few moments toward that lower world whence he will have to push it up again toward the summit. If this myth is tragic, that is because its hero is conscious. Where would his torture be, indeed, if at every step the hope of succeeding upheld him? Sisyphus, proletarian of the gods, powerless and rebellious, knows the extent of his wretched condition: it is what he thinks of during his descent.
What it leads to
http://hussman.net/wmc/wmc140519.htm
Maybe Hussman is Paper Tigers owner - Im sometimes viewed as an evil quant, sitting in a dimly lit room, stroking a hairless cat ironically named Mr. Whiskers....
And the last bit of misery -
......for those who find our work to be a constant source of irritation to be regarded with open disdain, I am retracting all my guidance herewith for you alone mind you and I leave you free to buy with both hands to whatever extent you are inclined. Not that I encourage it really that would be bad Karma but someone is going to have to hold equities at these prices. It would best be those who are fully aware of our concerns and prefer to reject them. So the more you dislike my work, and particularly if you are nasty about it, I have no objection to you accumulating perhaps on margin as much stock from other investors as possible.
The gods had condemned Sisyphus to ceaselessly roll a stone to the top of a mountain, whence the stone would fall back of its own weight. At the very end of his effort measured by skyless space and time without depth, the purpose is achieved. Then Sisyphus watches the stone rush down in a few moments toward that lower world whence he will have to push it up again toward the summit. If this myth is tragic, that is because its hero is conscious. Where would his torture be, indeed, if at every step the hope of succeeding upheld him? Sisyphus, proletarian of the gods, powerless and rebellious, knows the extent of his wretched condition: it is what he thinks of during his descent.
What it leads to
http://hussman.net/wmc/wmc140519.htm
Maybe Hussman is Paper Tigers owner - Im sometimes viewed as an evil quant, sitting in a dimly lit room, stroking a hairless cat ironically named Mr. Whiskers....
And the last bit of misery -
......for those who find our work to be a constant source of irritation to be regarded with open disdain, I am retracting all my guidance herewith for you alone mind you and I leave you free to buy with both hands to whatever extent you are inclined. Not that I encourage it really that would be bad Karma but someone is going to have to hold equities at these prices. It would best be those who are fully aware of our concerns and prefer to reject them. So the more you dislike my work, and particularly if you are nasty about it, I have no objection to you accumulating perhaps on margin as much stock from other investors as possible.