I love Fleckenstein, and think he is a genius. However, keep one thing in mind, he is a short seller primarily. All this means is that he tends to have a one-sided view on the downside of things. He was right in the 90’s but early, no problem. However, he has been wrong since then during the rally off the lows in 2002.
So just moderate his view somewhat IMO. He tends to be early. He had a big short position on INTEL which if he held it ultimately played out but took several years to do so.
