Here is James yesterday taking it on with the coach for the bears Nouriel Roubini..
I don’t know James personally, but I did exchange a few emails with him some years back as we were both doing research using Wealth-Lab. He does remind us that there is support out there and not everyone has run to the hills.
I used his book Trade Like a Hedge Fund: 20 Successful Uncorrelated Strategies & Techniques to Winning Profits (Wiley Trading) as the basis of some work and to garner a little insight into how some hedge funds trade.
Here is the basis of his argument in synopsis form from his website: