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78-Year-Old Fund Manager Is Bracing For “Biggest Bear Market In My Life”
Zubu Brothers ^ | 5-4-2022

Posted on 05/04/2022 3:16:19 PM PDT by blam

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1 posted on 05/04/2022 3:16:19 PM PDT by blam
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To: blam

I buy on the way down. The US is the best market in the world, it will recover. It always does.


2 posted on 05/04/2022 3:20:08 PM PDT by Jonny7797
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To: Jonny7797

The US is the best market in the world, it will recover. It always does.


Yep. After the 1929 crash, the market recovered - in the 1950’s.


3 posted on 05/04/2022 3:24:17 PM PDT by cuban leaf (My prediction: Harris is Spiro Agnew. We'll soon see who becomes Gerald Ford, and our next prez.)
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To: blam

Still posting this garbage from your blog?


4 posted on 05/04/2022 3:25:23 PM PDT by norcal joe
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To: blam

10 YEAR 2.67%

I did that just on dividends while some of my stocks have doubled and tripled.


5 posted on 05/04/2022 3:25:26 PM PDT by TexasGator (UF)
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To: Jonny7797

Not while democrats are in control.


6 posted on 05/04/2022 3:25:28 PM PDT by Bonemaker (invictus maneo)
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To: cuban leaf

Yes, then topped out in 1966 and all the way downhill until the second half of Reagan’s first term. The US tried to have a war and massive social spending all at once.

https://www.macrotrends.net/1319/dow-jones-100-year-historical-chart


7 posted on 05/04/2022 3:28:16 PM PDT by packagingguy
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To: blam

This is the reason players like Black Rock are buying up hard assets like homes, commercial real estate and land. They are liquidating their stock portfolios at the market peak and parking the money in hard assets that will retain a substantial fraction of their value when the market tanks. Others are in liquid assets waiting on the sideline for a market correction. Biden is setting the stage for an epic bout of economic chaos.


8 posted on 05/04/2022 3:30:34 PM PDT by rdcbn1
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To: cuban leaf

“After the 1929 crash, the market recovered - in the 1950’s.”

And it took history’s most destructive war to do it.


9 posted on 05/04/2022 3:30:47 PM PDT by Bonemaker (invictus maneo)
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To: Jonny7797

Reminds me of the wisdom of John Maynard Keynes: “the market can remain irrational longer than you can remain solvent.”


10 posted on 05/04/2022 3:32:55 PM PDT by hinckley buzzard ( Resist the narrative.)
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To: rdcbn1

“Biden is setting the stage for an epic bout of economic chaos.”

The market is like an airplane shudder just before it stalls and spins.


11 posted on 05/04/2022 3:33:26 PM PDT by Bonemaker (invictus maneo)
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To: packagingguy

“Yes, then topped out in 1966 and all the way downhill until the second half of Reagan’s first term.”

DJ was fairly flat during that period but inflation ate up the value.

There were several sell-offs from 1966 to 1981.


12 posted on 05/04/2022 3:38:01 PM PDT by TexasGator (UF)
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To: Bonemaker

Think they are going to try anything to keep the party going til after the election. If we have a stock market implosion before November, the Democrats are going to get routed. Lose 100 seats in the house


13 posted on 05/04/2022 3:39:22 PM PDT by rdcbn1
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Comment #14 Removed by Moderator

To: rdcbn1

“They are liquidating their stock portfolios at the market peak “

They were liquidating in 2018.


15 posted on 05/04/2022 3:44:43 PM PDT by TexasGator (UF)
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To: blam

never heard of this guy.
Worry worry worry
It is contagious
BTW - everyone will die.
Hope you feel better now


16 posted on 05/04/2022 3:45:39 PM PDT by Honest Nigerian
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To: Jonny7797

I remember when I first started investing in the market. When we had a big drop in the market a lot of my co-workers were selling what they had. I just called my financial advisor and he told to just let it ride. He said that that was the time to buy more stocks. He said the market would come back up and of course it did.


17 posted on 05/04/2022 3:52:48 PM PDT by Jean2
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To: Jonny7797
The US is the best market in the world, it will recover. It always does.

The difference is we are NOW facing a full-on communist police state and not the free-market economy we had previously.

To ignore that reality is utter stupidity.

18 posted on 05/04/2022 3:55:54 PM PDT by newfreep (“Leftism, under all of its brand names, is a severe, violent & evil mental disorder.”)
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To: Honest Nigerian
Thanks for your positive contribution.
Drop by any time.
19 posted on 05/04/2022 3:57:06 PM PDT by blam
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To: newfreep

The real stupidity is thinking you can time the market or read the tea leaves.


20 posted on 05/04/2022 4:03:30 PM PDT by JayGalt (For evil men to accomplish their purpose it is only necessary that good men should do nothing.”)
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