The AfterShock Investor Book, Early, But Not Wrong.
This book, written in 2014, predicted extreme inflation and a responding bond and equity market collapse. They were very early, but it looks like some of their predictions are coming to fruition.
“The Big Short”, a 2015 movie focusing on the 2008 financial crisis, depicts a group of traders who accurately predicted and profited off the real estate crash. A particular scene in that movie stands out to me. One of the real-life main characters in the movie, Michael Burry, creates a new financial instrument called a “credit default swap”, that allow…
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