That fund is a train wreck. You know how hard it is to lose a quarter of your money in a supposed "market neutral" strategy the last 6 years? Just another example of a "hedge fund genius" who still got rich the last six years while losing everyone's else's money.
Hussman never gets bad press and only gets good press, so this is really a change of tone. He had the good fortune to open up his bear fund at the height of the 2000 bubble (although I think somebody said he had another fund before that) and then was lucky enough to live through another crash and another round of suckers pouring money into his fund. He really is the worst and least honest of the bears. If anyone cites Hussman it's immediately discrediting. I posted on him here back in 2013. http://www.elitetrader.com/et/index.php?threads/hussman-drawdown.279960/
He averaged roughly 3-4 Billion AUM for the last decade. At 1% per year that's 30-40MM a year for a decade. I would say that's rich.
OK, so 300-400 million even if he only keeps 1/3 of it himself isn't rich? And this wasn't a comparison to other fund managers, it was to prove a point that over the last decade he's lost over $1,000,000,000 of his investors money yet he still cashed out $100,000,000+ for himself.