Hasn't he been proven to be a false prophet and a stupid cunt many times over?
Here's the problem with Mish, he's a perma-bear but w/o a strategy.
Also, his heyday was during the Bush era but yet, he didn't tout International non-USD centric funds like PSAFX, during that time, which when one takes into account DRIP, did well between the 2000 Nasdaq crash and the run up till 2006 prior to the 2008 crash.
Now, one can be anti-Silicon Valley and yet, swing trade the QQQ w/o it being some ideological battle. And then, yes, load up on your dividend heavy Altria, British-American Tobacco, & Rio Tinto equities as those will be providing income regardless of market conditions.
Sure, one might have missed on the huge run-up on NVDA & much of the Mag 7 but when it crashes down, one won't be holding the bag as those exits were already in place ahead of time.
The site is no longer active. I enjoyed reading it along with other blogs and sites like Wolf Street and Zero Hedge.