True in the sense that zero fucks were given as late at Feb 21. Ample time to get ahead of this COVID-19 shit.
99% of short trades crushed it. big short2 and original big short are apples and oranges; one got lucky the other was correct
January 31: Trump bans some China related travel and is called a bigot, racist, science denier again. Some folks can never find a reason to be not offended. Zero fucks given to those vagina hat wearers.
Crushed it?! Crushed it??!! Dude(s), are you friggin' kidding me? You know how much S&P500 went up between March 2017 and February 2020? It went up 1038 points or 44%. That's how much you would have lost before the crash occurred. Of course, you recouped all that and more in just one month. But still, to have sat on this trade for the last 3 years would have been the most foolish trade of all time. In my opinion, you're a jackass, not a crusher.
That's how the best traders do it - long on the disruptors and short the disrupted. In terms of history & thanks to leaps in technology, we are in a golden era of the disruptors & the disrupted.
Classic book on the subject is The Innovator's Dilemma: The Revolutionary Book That Will Change the Way You Do Business Paperback – October 4, 2011 by Clayton M. Christensen (Author)