4 ms·
>of course those industries would be bailed out This is exactly the point; be careful of thinking like this. Some of the biggest profits come from being contra
by derivagral 6y ago
>of course those industries would be bailed out
This is exactly the point; be careful of thinking like this. Some of the biggest profits come from being contrarian to the market view.
SK: https://www.reuters.com/article/us-hanjin-shipping-debt/banks-halt-support-to-south-koreas-top-shipping-firm-hanjin-idUSKCN11512J https://www.reuters.com/article/us-hanjin-shipping-debt/bank...
USA: https://www.nytimes.com/2014/09/30/business/revisiting-the-lehman-brothers-bailout-that-never-was.html https://www.nytimes.com/2014/09/30/business/revisiting-the-l...
UK: https://en.wikipedia.org/wiki/Black_Wednesday https://en.wikipedia.org/wiki/Black_Wednesday