This is a must read.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
i guess prisons still have typewriters….that is the most shocking part of all of this
MA is a lunatic, no question about it….
in jail for contempt of court cause he wouldn’t turn over computers with information tied to defrauding investors or cause his 50 variable model can predict the future……..what do you think …..
but, the bearish side of me makes me ‘hopes’ he is right (for portfolio reasons)
i didn’t read this one yet, i read the Feb “news letter” he put out….marxism….massive deleraging $30-50T….he is a big believer of deflation….
so far he missed the April PI turn…..now what?
Yeah, he’s a total quack, but he puts together some pretty interesting thoughts….
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