Dan Sullivan Recommends Investors be Fully Invested

By on June 5, 2009

According to Mark Hulbert, Dan Sullivan, editor of the The Chartist newsletter, has the best track record of any newsletter over the past 30 years. Sullivan recently recommended his subscribers be fully invested. Sullivan’s most aggressive portfolio is now 125% long.

Hulbert includes a quote from Sullivans’ May 21st issue:

“During the early stages of bull markets, many investors will remain on the sidelines. They have a preconceived idea of where the market will go and will cite any number of economic concerns, as well as the warnings of CNBC pundits, to support their bearish case. Don’t get us wrong; they might be right, but if history is any guide, the great majority of investors who were badly mauled during the bear market will not commit even a portion of their capital until it is much too late.”

SMA Comment: It will be interesting to see if Sullivan is right, or if this is a bear market rally and he gets badly burned.

Sources:

http://www.marketwatch.com/story/top-performing-adviser-turns-aggressively-bullish?siteid=rss&rss=1

http://theguruinvestor.com/2009/06/03/newsletter-with-best-3-decade-track-record-goes-all-in/
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