Cartoon of the Day: Hibernation's End? - 03.28.2018 waking bear cartoon

Hedgeye CEO Keith McCullough in today's Early Look:

Not everyone you read has a better track record as a short seller than they do riding bulls. I do.

Do you mind me saying that?

I sincerely hope not. While I was able to get a hold of big bullish moves and ride them in the US stock market in 2003-2006, 2009-2010, 2013, and the most recent one, I didn’t build this firm as a perma bull. We started Hedgeye in early 2008 calling for a crash.

I’m not trying to be cocky or remind long-time subscribers of these facts. We actually have many new followers that only know me as a US growth bull. So I just wanted to keep the record straight. I have no problem going both ways.

I obviously get plenty of things wrong. But the biggest things I’ve had wrong over the course of an almost 20 year career staring at these damn screens is not listening to Mr. Market when it mattered most. I do not want to make that mistake this time.

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