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+1! Why can't you be articulate like this without the politics and cursing. Cheers!

Square this with what the majority of folks like Roubini, et al are saying, predicting, rooting for, and the course of action they’re proposing to get us there? Even look at how he frames it…if the Fed “wimps out”…in other words, a 12 year old style condescension of the path they’d take that would prove him wrong hoping to assert some sort of bizarre control over the narrative. There has basically been one instance or period of bad inflation in the US and that was the 1970s. We’ve had 18 months of it coinciding with COVID measures and inflation has already begun tapering off in tandem with it. Yet based off a sample size of….wait for it….ONE, all these people are absolutely certain it’s going to go on forever if rates aren’t raised to like 8%…and oh by the way, how they’re financially positioned is just a coincidence? Eh, not buying it. Especially when they’ve been rooting for the same outcome and making the same complaints regarding monetary policy for decades.

Yea I don’t know how these people exist other than being leeches in the WS cesspool. Constantly preaching fear and trying to profit off failures or miseries of others. Rooting for unemployment, business failures, and hardships for normal people. It’s one of the reasons I’ve never had any interest in a foreclosure or a short sale of a property because at some point you don’t need to be a scumbag who benefits off the misfortune on others. What one has to be as a person to be consumed with this sort of scenario all the time, like the Roubinis or Granthams or the world…it’s disgusting. Rooting for rate hikes you know will create bad outcomes, job losses, divorces, deaths, etc….yuck. Fuck those people. Inflation is just the weasly cover. We survived like 20% real inflation last year…no, the world doesn’t need to be nuked bc it might be 5% next year. Definitely seeing the worst in folks come out. Although this is standard course behavior in the finance world. You know cuz there’s no feat greater than having some puts and then parading around for a decade as “the guy who called it”…a title Roubini still holds dear to his heart.

I didn't see alot of pundits saying "sell, sell, sell" back in November. Today, the pundits are screaming "sell, sell, sell" after a 25% drop in the overall market, and a solid 60-90% drop in speculative areas. And I'm sure once markets have turned up a solid 20%-30% plus at some point, they will be screaming "buy, buy, buy!" Cheers!

Off the top of my head: RVCapital Chuck Akre Greenlight Giverney Baupost Bronte Now lets differentiate between whether I think those managers are good or not...or worth following not gonna get into it......what I'm really pointing is that at least their 13F's are basis for gaining some insights to what they believe will do well over say 5 years.......they are thoughtful about what they own, they tend to own it in concentration and they dont churn the portfolio too much such that positions remain in their 13F over time.......but YOU have to figure out whether you think they are 'good' and whether you agree with their company choice.......the biggest mistake in 13F diving is buying into something based on a filing of a hot manager, doing little DD yourself....then the stock falls and the next 13F filing comes out & your guru has sold out of the position..........its a recipe for buying high and selling low IMO.