Watched the phenomenal movie The Big Short for the second time today, and couldn't help feeling confident that if this whole journalism thing stops working out, I could have a satisfying career researching scam companies and shorting them till the cows...
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Watched the phenomenal movie The Big Short for the second time today, and couldn't help feeling confident that if this whole journalism thing stops working out, I could have a satisfying career researching scam companies and shorting them till the cows come home.
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@briankrebs i should rewatch that now that im way more financially literate
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@Viss It's an outstanding movie with an incredible cast and a lot of cameos. On top of that, there are a ton of parallels to where the market is now.
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@briankrebs Not as easy as it looks.
For example, look at a price chart of Trump Media, symbol DJT. -
@briankrebs it’s still a gamble and only looks like an inevitable thing in retrospect since: „Markets can remain irrational longer than you can remain solvent.” by John Maynard Keynes is more relevant than ever.
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@friedrich Haha. True. I didn't say I was going to be the one betting.
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serious business :donor: :heart_cyber:replied to BrianKrebs last edited by
@briankrebs ah, but can you stay solvent long enough for the short to actually pay off, there's the question
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@briankrebs having looked at thousands of loan tapes and security prospectuses: you would do fine in the industry.
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@ralphkatz Okay. Maybe I start at the other end of the funnel?
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Brad Rubenstein “:verified:”replied to BrianKrebs last edited by [email protected]
tread lightly — the market can remain irrational longer than you can remain solvent
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@briankrebs @ralphkatz more like the GI tract... this is the problem with your plan... short things that are foolish only works kf there aren't enough fools to keep that ship floating
