What do you think of Doug Casey? Is he legit?
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What do you think of Doug Casey? Is he legit?
A collection of his blog posts: http://www.investorsinsight.com/blogs/c ... fault.aspx
His website looks, well... funny for me.
His website looks, well... funny for me.
- MachineGhost
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Re: What do you think of Doug Casey? Is he legit?
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.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: What do you think of Doug Casey? Is he legit?
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?
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?
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Re: What do you think of Doug Casey? Is he legit?
his warnings to seek geographic diversification seem well founded
Re: What do you think of Doug Casey? Is he legit?
No one ever write a book titled "Prepare for the coming Prosperity" do they?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?
Hmmmm, maybe an opportunity there!
Re: What do you think of Doug Casey? Is he legit?
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?
He is a legitimate entertainer.
That's all market commentators are.
That's all market commentators are.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: What do you think of Doug Casey? Is he legit?
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?
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!
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!