• lectricleopard@lemmy.world
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    17 hours ago

    Im so tempted to short one of these companies, but with my luck it’d be the one that Trump decides to save for a buddy, and I end up poorer anyway.

    • ashenone@lemmy.ml
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      17 hours ago

      Shorting the market requires precise timing. Being early is just as bad as being wrong.

      “The market can stay irrational longer than you can stay solvent”.

      I wish we could all short it and end out on top but the market is so manipulated we’d need to be insiders to time it properly. Good luck if you still do it, but be careful put there

      • lectricleopard@lemmy.world
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        16 hours ago

        This is like being tempted to do heroin, for me. I tried it out of curiosity, it turned out bad, and I’ll never do it again.

    • sleepundertheleaves@infosec.pub
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      16 hours ago

      I think it was Warren Buffett who said “the market can remain irrational longer than you can remain solvent” or words to that effect.

    • CinnasVerses@awful.systems
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      14 hours ago

      A very simple strategy is buying less US assets and more international assets than you would hold if the US stock market was not weighted so heavily towards Friend Computer. If 60% of my stocks were in the US in 2015, I might hold 30% today (this is not financial advice).

      Contra Doctorow there are lots of strategies someone can chose if they think the US stock market is likely to collapse in the next three years. Eg. there are people in the USA who bought some chickens and seeds last winter, or who started new jobs or new education outside the USA. Deciding to act is the hardest.