Swedroe Attacks Hussman over Risk Management, Relative Value Strategy

In a new blog post, Larry Swedroe rips into John Hussman, a former economics professor at the University of Michigan and founder of the Hussman family of mutual funds, sometimes hitting below the belt.

Hussman’s apparent sin is concern for market risk in the current US Federal Reserve stimulus driven economic environment.

Larry Swedroe points out Morningstar’s rating for the mutual fund

Telling his readers “to ignore his forecasts because they don’t have any value,” Swedroe pointed out that Morningstar gave the mutual fund a one star rating, which has led to 61 percent...