Quote:
Originally Posted by Porsche-O-Phile
Everyone with a brain in their head knew that this housing nonsense was completely plastic, phony and unsustainable. He simply had the sense (and the balls) to call everyone out on it and position his fund to bet on the inevitable collapse/crash.
My only regret is that I wasn't aware of his fund. If I had been, I'd have thrown virtually all my investment $$$ into it - no joke. I've been screaming that the housing market was out of control since about 2002 or so.
Oh well. Story of my life. Guess I have to keep working.
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Shorts on financial and homebuilder stocks, and inverse ETFs on those sectors, were available to anyone. Didn't have to be a hedge fund.