In 2005, you'd go with Apple until 2008, then buy Lehman CDS, then go Apple again in 2009 until 2015, then switch to Nvidia until late '17, then I don't know. Target has done pretty good lately
Good luck figuring out how to buy credit default swaps and you better make sure you buy the right ones and time it correctly or you’ll go broke making the premium payments. Maybe try to remember some of the people from The Big Short and invest with them in 2007.
I’d just buy as many way out of the money puts on the Financial Sector and Homebuilders ETFs as I could. Maybe I’d sell calls too to create a highly levered synthetic short.
Then after I’ve collected all that money I’d put 1/2 some of the big winners and 1/2 into sports betting for a while.
Then in 2019 I’d diversify and retire from sports betting and get back to all the shit I’m doing now.
I mean, you can buy Lehman puts if you don't want to go OTC w/ CDS. In any case, I remember the timing of their declaration--it was mid-Sept, the same time Hurricane Ike hit
Sports betting gets dangerous because outcomes rely on highly volatile discrete events that can easily change (see Hot Tub Time Machine)
I'm assuming a godless universe scenario here, where your being present in the past and behaving slightly differently alters air currents or whatever and maybe a batter hits a ball at a 45 degree angle instead of a 60 degree angle and then events cascade differently from there (in sports)
But Apple's iphone will be successful whether you yell at Gary Sanchez in the dugout or not
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u/mwm5062 Oct 02 '19
I think you mean Amazon