Hacker News Reader

"markets can remain irrational a lot longer than you and I can remain solvent."

TSLA proves this in spades, right now the stock is trading at more than double what Elon said was "overvalued" 10 weeks ago.

View on HN

But the bubble must collapse eventually, right? Enron was "the most innovative company" for 6 years in a row too.

It does. But there's not necessarily any safe way to profit on it. Shorting can force you out at the high. Puts expire.

I think there's a missing financial product here. Something like an anti-index, where you buy "everything except X". Or better phrased, a way to get your bank to model you a dynamic index, where you can manually specify what is in and what is out.

Reply on news.ycombinator.com