No. of Recommendations: 36
A bubble is a terrible thing to waste. There is a lot of money to be made on the way up (something I'm happy to sit out), but also a lot of money to be made on the way down. I think I was probably one of the larger individual holders of BEARX 2000-2002 : )
I've been thinking of starting a thread about how best to make a few bucks if markets behave unpleasantly in the next (say) 2-3 years. Say, allocating 1.5% of my portfolio to an asymmetrical bet: heads I win a lot, tails I don't lose much. It's hard to say where the worst pain will be, AI exuberance or private credit.
It's way off topic here, but there are some fairly insightful folks here. Also on the Falling Knives board, but it is thinly populated.
Jim
