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by klenwell
5599 days ago
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In 2005, after seeing this map in the NY Times, I tried to figure out a way and asked everyone I knew: http://graphics8.nytimes.com/images/2005/06/15/business/arm3... My excuse was: it wasn't clear how to, there's always a timing issue (it's not necessarily enough to know it's inevitable, you gotta know when), and it's hard when you don't have a lot of other people's money to play with. The answer to how it was done is in Michael Lewis's book, The Big Short. After learning how that guy did it, I don't feel so bad for not figuring it out. |
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