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Where does one park money during a recession?
by doctat 4y ago
Where does one park money during a recession?
- SamReidHughes 4y agoParticular stocks and options. Either long or short, depending on which.
- badinsie 4y agodo not buy options.
- SamReidHughes 4y agoSometimes there the probability is mispriced by a large factor because nobody's paying attention.
- heynowheynow 4y agoLTCM enters the chat. Ruble falls. AI strats say buy all teh rubles. $4 terabucks margin call. Oops.
- SamReidHughes 4y agoHey, I didn't say to use margin!
- heynowheynow 4y agoDarn! Other than magical beliefs in lottery winnings, how else would one acquire the lion's share of the world's liquid capital? I can only think of the brutal triumphalism of differential equation-like scenarios enabling a power-law, winner-takes-almost-all distribution of wealth. I'm sure these honest parties would absolutely never gamify or encourage government corruption to reduce taxes and regulations on themselves to accelerate their dominance. [Bezos likeness here counting money with a cigar and looking like he's having far too good of a time.]
- __turbobrew__ 4y agoEnjoy the discount on blue chip stocks
- 1270018080 4y agoBuying stock at a steep discount.
- badinsie 4y agobuy a single share of Gamestop on Computershare. you will be able to sell it for over $100 million after MOASS. you do not want to be holding IOUs when banks and brokers get liquidated.