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发帖数: 755 | 1 http://hussmanfunds.com/wmc/wmc040510.htm
"As I noted last week, the result of that tight bond-dollar linkage was one of
the deeper monthly pullbacks we've seen in historical tests of our fixed
income approach in four decades of data. I realize that some investment
managers might not consider a single-digit pullback worthy of discussion, but
I believe that the better our shareholders understand our approach, risk
management, and factors that influence our returns, the more likely they are
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