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Imagine you are a top executive at said real estate company and are trying to decide what to do: 1. Invest heavily in real estate, prices keep going up, compan
by munificent 5y ago
Imagine you are a top executive at said real estate company and are trying to decide what to do:
1. Invest heavily in real estate, prices keep going up, company gets rich, you get a huge bonus and buy a yacht bigger than Cleveland.
2. Invest heavily in real estate, prices drop, company stock plummets, you're still rich and still have your football-field-sized yacht.
3. Don't invest heavily in real estate, prices keep going up, company misses out, you're still rich and still have your football-field-sized yacht.
4. Don't invest heavily in real estate, prices drop, company doesn't get hurt, you're still rich and still have your football-field-sized yacht.
There's one clearly winning strategy.