First I should talk about my best stocks.

I think the best stock I found was DFC Delta financial .I should be warned by its name Delta.Ever heard about delta airlines? They went bakrupt same as Delta financials. Vooch warned me many times.

Then I had long discussion with Bruno about the best bargain ever housebuilders! I recommended here PHM 9/7/2006  when the price was 28.8 $ per share ...It was screaming bargain now it is $11.

It's good to be smart especialy when you know stock gurus and their picks.Bill Miller (LMVTX) beat the market 15 years in row , Arnold Schneider (SCMVX) had a beautiful track record and Whitney Tilson (TILFX) was giving me Buffett lessons .

My friend asked me how you can make money when the stock market goes down? My answer was I will have such a bargain that the market will not bring it down. USG should be the proof.

There was this guru who told me don't care about macro just micro is important.I said fine then they beat me on weakening dollar, falling stock markets etc.

The other advice was put everything to your best ideas with all these advices I was a real Dhandho investor.

Before the biggest bull stock market you had 25 short only hedge funds after the bull market you had just 2 and half .(The last one retired)

So, if the bear market comes how many of these value contrarians will stay in the game?

My friend was crying that he is not good for UBS they prefer math-Phd. I hope they help UBS now. 

PS: I burnt my whole portfolio with one pick Delta financial did I mention it before?