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This is an extension of 'the market can remain irrational longer than you can remain liquid'. You could make money in the long run if you have the funds to get
by celticninja 7y ago
This is an extension of 'the market can remain irrational longer than you can remain liquid'. You could make money in the long run if you have the funds to get there. If we consider that this and the 2008 crisis were black swan events, then we could expect them to occur perhaps once a decade, which from now could be up to 20 years for the next one. By the end of that 20 year period the amount you have remaining to bet on the black swan event would be severely limited by the preceding 2 decades.
- deleted 7y ago[deleted]
- valuearb 7y agoIf you aren’t leveraged, it’s trivial to ride out crashes. Why drag your returns down with expensive insurance?