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Dave Llorens
Works at Leverage Liquidators
Attended University of Illinois at Urbana-Champaign
Lives in San Francisco, CA
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Dave Llorens

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February 15, 2016. Warning with a Capital "W" John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. We continue to classify the prospective equity market return/risk profile within the most negative climate we identify. The basis of this classification is fairly ...
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Dave Llorens

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September 28, 2015. Valuations Not Only Mean-Revert; They Mean-Invert John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. “… Almost everyone believed that speculation could be now resumed in earnest. A common feature of all these earlier troubles was that having ...
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September 14, 2015. The Beauty of Truth and the Beast of Dogma John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. Psychologist Daniel Kahneman won the Nobel Prize in economics in 2002 for his work on decision making. While I've discussed some of this work ...
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September 7, 2015. That Was Not a Crash John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. Following the market decline of recent weeks, the most reliable valuation measures we identify now project average annual nominal returns for the S&P 500 of about 0.5% in the ...
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August 17, 2015. Debt-Financed Buybacks Have Quietly Placed Investors On Margin John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. “The way to wealth in a bull market is debt. The way to oblivion in a bear market is also debt, and nobody rings a bell.” ...
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Awesome Kipling quote mentioned in Hussman's latest weekly comment:

"If you can keep your head when all about you 
are losing theirs and blaming it on you
If you can trust yourself when all men doubt you 
but make allowance for their doubting too"

http://www.hussmanfunds.com/wmc/wmc150727.htm
July 27, 2015. Memorize This, Earn a Dollar John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. As a kid growing up in the 1960's, I earned my allowance the usual way; cutting grass and raking leaves. When there was no grass to cut or other work to do, ...
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Dave Llorens

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http://www.hussmanfunds.com/wmc/wmc151019.htm

"Investors are free to take their chances if they believe the 93% correlation between valuations and subsequent market returns is merely random or spurious. Those hoping for actual 12-year returns to significantly overshoot roughly 1% annually are actually relying on a future valuation bubble."

#stockmarket   #stocks   #economy  
October 19, 2015. The Hinge John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. One of the central themes I've emphasized over the past year is the critical importance of using market internals as a gauge of investor risk-seeking and risk-aversion.
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September 21, 2015. When an Easy Fed Doesn't Help Stocks (and When It Does) John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. Last week, the Federal Reserve chose to do nothing to move short-term interest rates away from zero after nearly 6 years of extraordinary ...
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Gandhi never said  "Be the change you wish to see in the world." Or so, that's how I understand things to be based on the Internets. I mean hey, I never hung out with the guy.

http://www.nytimes.com/2011/08/30/opinion/falser-words-were-never-spoken.html

But he DID say (or so I understand from the Internets):  “If we could change ourselves, the tendencies in the world would also change. As a man changes his own nature, so does the attitude of the world change towards him. … We need not wait to see what others do.”

Either way, who cares. He's dead wrong.

What he should have said is: "Don't be the thing that you hate."

Now please. Stop. Think. You likely are instinctively reacting to that phrase as though you obviously are not doing that.

But you might be. You probably are.

Think harder.

Is there something you hated on today that you, yourself, did? At least in some similar form? Perhaps you accosted someone for not putting a thing back where it belonged, and then later left a thing out you knew you should have put back. It could be that simple. You may convince yourself that the answer is no, but if you dig deep enough, the answer will always be yes.

If you get it, and you want to make it better, the goal is to strive to make it harder and harder to find that answer to the question.

TLDR: DON'T be the change you want to see in the world, whether or not Gandhi said it (and BTW it shouldn't matter who the f said it, should it?). Just don't be the same dick that you yelled at earlier in the day.

#dontbeadick  
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August 31, 2015. If You Need to Reduce Risk, Do it Now John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. The single most important thing for investors to understand here is how current market conditions differ from those that existed through the majority of the ...
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August 3, 2015. A Bad Equilibrium & How Speculative Distortion Ends John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy. In economics, we often describe “equilibrium” as a condition where demand is equal to supply. Textbooks usually depict this as a single point ...
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And then there's this.

https://instagram.com/p/zgKtM-SaF3/
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Have him in circles
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Lisa Peyton's profile photo
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Work
Occupation
CEO, Leverageliquidators.com
Employment
  • Leverage Liquidators
    CEO, 2014 - present
    We sell anything (for retail value), and then we split the bottom line 50/50 with you.
  • 60 Day MBA
    Co-Founder/CEO, 2013 - 2014
  • One Block Off the Grid
    Founder/COO, 2012 - 2013
  • One Block Off the Grid
    Founder/CEO, 2008 - 2012
  • Mercudin, Inc.
    Founder/COO, 2004 - 2006
  • Agilent Technologies
    Manufacturing Engineer, 2001 - 2003
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
San Francisco, CA
Previously
Chicago, IL - Shreveport, LA
Story
Tagline
Liquidator - Business Builder
Introduction
I've been in love with building businesses since my first lemonade stand.

In 2004 I started a lucrative gambling software business, cut short by legislation. Then One Block off the Grid, a phone sales business for solar energy, where I raised a little over $6MM in venture funding, merged with Pure Energies, and sold to NRG for $120MM. Then a stint starting the 60-Day MBA where I failed to find a market fit. 

Now I run Leverageliquidators.com. Best job I ever had. It's a simple business: We sell your stuff - anything from servers to inflatable unicorn heads. Then we split the bottom line fifty/fifty with the client.
Education
  • University of Illinois at Urbana-Champaign
    Electrical Engineering, 1997 - 2001
  • New Trier High School
    1993 - 1997
  • University of Illinois at Urbana-Champaign
    1997 - 2001
Basic Information
Gender
Male
Dave Llorens's +1's are the things they like, agree with, or want to recommend.
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