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A few foresighted individuals bet against the market from "summary" of The Big Short: Inside the Doomsday Machine (movie tie-in) by Michael Lewis
In a world where everyone seemed to be betting on the market to keep rising, a small group of individuals had a different idea. They saw the cracks in the system, the warning signs that others were choosing to ignore. These few foresighted individuals had the audacity to go against the prevailing wisdom and bet against the market. While everyone else was caught up in the frenzy of the housing market boom, these individuals were quietly making their moves, positioning themselves for what they believed was an inevitable crash. They did their homework, they studied the data, and they trusted their instincts. They knew that the housing market was built on shaky foundations, and they were not afraid to act on that knowledge. Their bets against the market were seen as risky and unconventional at the time, but they were willing to take that risk in order to pot...
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