So in other words, your benefit from that psuedo economic collapse was a margin benefit at best and not something earth shattering that propelled you significantly much better off than everyone else.
Somehow, it appears a lot of the uber bears overestimate how much they can capitalize on a bear market. For starters most uber bears only recognize the down part of the economic markets and usually don’t end up buying in a significant way when things are already at rock bottom prices.
This is known as the “I’ll wait for an additional 50% off after prices have already fallen 30-40%…” Those folks missed the then boat, and will continue to miss the future boat.
Then there is the other thing …Reality is, despite how smart you think you are, there are lot more even-smarter money out there, with a lot larger money resource than you do. And while the majority of the population is arguable not that financially savy, there IS a good percentage of the tiny population that is…Some of them being corporate entities. That itself will limit what you can capitalize on.
So while you might score a good deal here and there, you are way overestimating how much better off you will be from this versus everyone else that is waiting to do the same thing…Some who have done this many more times than you have and have a lot more resources than you do.
That’s like saying, when the economy collapses…You can buy a limited production P-car or Lambo at 50% off… Uh, no…. There’s plenty of wealthy people that still will pay near full price for those limited production runs…
