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The Timing Value of John Hussman’s Market Climate Assessments
"In summary, while hedging has generally been advantageous for equity investing over the past 11 years, evidence from simple tests provides little support for a belief that John Hussman successfully times the stock market via hedging adjustments based on his assessments of market valuation and market action."
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Well, WTF do I know indeed. I will not list all my jokes on Statistics today...