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What do you think of Doug Casey? Is he legit?

Posted: Sun Jun 08, 2014 5:17 am
by hedgehog
A collection of his blog posts: http://www.investorsinsight.com/blogs/c ... fault.aspx

His website looks, well... funny for me.

Re: What do you think of Doug Casey? Is he legit?

Posted: Sun Jun 08, 2014 8:52 am
by MachineGhost
That's not his website, but what do you mean it looks funny?  Hes a newsletter publisher and has been around for 40 years or so.  He ranks up there with Browne and Schultz as hard money "gurus" of the 70's that didn't fade away into irrelevance like Ruff.

Re: What do you think of Doug Casey? Is he legit?

Posted: Tue Jul 01, 2014 4:52 am
by hedgehog
By funny I mean he (always) prepares to the end of the world (not coming).

All his book titles on Amazon are a variation of the title 'Crisis Investing'.

"...didn't fade away into irrelevance"
OK. How much extra income his speculations made for you compared to a 'dumb' Permanent Portfolio or similar?

Re: What do you think of Doug Casey? Is he legit?

Posted: Thu Aug 07, 2014 1:16 am
by murphy_p_t
his warnings to seek geographic diversification seem well founded

Re: What do you think of Doug Casey? Is he legit?

Posted: Thu Aug 07, 2014 8:55 am
by Kshartle
hedgehog wrote: By funny I mean he (always) prepares to the end of the world (not coming).

All his book titles on Amazon are a variation of the title 'Crisis Investing'.

"...didn't fade away into irrelevance"
OK. How much extra income his speculations made for you compared to a 'dumb' Permanent Portfolio or similar?
No one ever write a book titled "Prepare for the coming Prosperity" do they?

Hmmmm, maybe an opportunity there!

Re: What do you think of Doug Casey? Is he legit?

Posted: Sun Jun 28, 2015 7:12 pm
by atrus138
He is definitely intelligent and always worth reading, but he makes a lot of predictions that simply do not happen (crippling depression by 1983 in Crisis Investing, for example), though at other times he can be prescient. On the whole though, I definitely prefer Browne's market agnosticism.

Re: What do you think of Doug Casey? Is he legit?

Posted: Sat Jul 04, 2015 8:35 am
by MediumTex
He is a legitimate entertainer.

That's all market commentators are.

Re: What do you think of Doug Casey? Is he legit?

Posted: Sat Aug 15, 2015 9:03 pm
by 4x4
Investing in his Argentina project seems as advisable as investing in the d'Anconia Copper Mines.

Re: What do you think of Doug Casey? Is he legit?

Posted: Sun Aug 16, 2015 9:57 am
by ozzy
I like Doug Casey, but all these doom and gloom guys do is preach the same thing year after year.  And even a broken clock is right twice a day.  I would not take any investment advice from him, although I agree with most of his ideology.  I bought his book Totally Incorrect and enjoyed it.  Incidentally, it was edited by Terry Coxon (Harry Browne’s long time editor).

If you want some real entertainment you can watch Doug on the Donahue show in 1980 here:
https://youtu.be/easuUdhW4X0

Its really amazing because he's been preaching the exact same doom and gloom for over 35 years!

Re: What do you think of Doug Casey? Is he legit?

Posted: Sun Aug 16, 2015 4:29 pm
by Desert
ozzy wrote: I like Doug Casey, but all these doom and gloom guys do is preach the same thing year after year.  And even a broken clock is right twice a day.  I would not take any investment advice from him, although I agree with most of his ideology.  I bought his book Totally Incorrect and enjoyed it.  Incidentally, it was edited by Terry Coxon (Harry Browne’s long time editor).

If you want some real entertainment you can watch Doug on the Donahue show in 1980 here:
https://youtu.be/easuUdhW4X0

Its really amazing because he's been preaching the exact same doom and gloom for over 35 years!
Wow, this is great stuff!  He predicted gold going to $3,400 by 1985.  He was/is off by a few years.  He also said not to invest in the stock market, right before the two decades bull market.  And he said he wouldn't vote in the presidential election, but if he did vote, he'd vote for the Libertarian guy. 

Hmm.... some things never change.