That’s not how people made money. That’s what precipitated the crash. Shorting companies that were exposed would have been one route to make money - but as I said before, the smart piece there is in the timing not the mechanism. Shorting stock isnt difficult…Shorting it at the right time can be.
Interesting. And what was the how back then?
Sub-prime mortgages going into default en masse
That’s not how people made money. That’s what precipitated the crash. Shorting companies that were exposed would have been one route to make money - but as I said before, the smart piece there is in the timing not the mechanism. Shorting stock isnt difficult…Shorting it at the right time can be.