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Either the author really believes this, and so should load up on puts and shorts, or they are just blowing smoke. I doubt they're willing to bet the money.
by bern4444 5y ago
Either the author really believes this, and so should load up on puts and shorts, or they are just blowing smoke.
I doubt they're willing to bet the money.
- WalterBright 5y agoThe confidence people express in their predictions has an inverse correlation with their willingness to bet on those predictions.
- erik_seaberg 5y agoYou can’t just bet on a crash, you have to bet that your counterparties will survive the crash and pay you rather than defaulting. Anyone who followed Burry’s story, or the other big shorts, will remember that.
- bern4444 5y agoAny retail trader can buy a few puts on SPY for however far out they think a crash is coming