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#39: John Hussman On Navigating One Of The Most Overextended Stock Markets Of All Time

Superinvestors and the Art of Worldly Wisdom

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The Value Conscious Full Cycle Investment Discipline

You're now the president of husband strategic advisors you describe the process as a value conscious, historically informed full cycle investment discipline. Can you explain that in a little bit more detail? Well, I want to get to that, you know, the Fed, but before we do,. I want to dig into your process a little bit. Yeah, so soValue conscious really is focused on the idea that when you buy a security you're actually buying something. And it's not just a, youknow, a piece of paper that goes up and down in price. It's actually a claim to something. A claim is on some future stream of cash flows that will be delivered into your hands over

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