Livermore, as a result of the initial market crash and subsequent decline, used this strategy to rake in $100 million. That comes to over $1.4 billion in today’s dollar equivalent purchasing power.
Yet Livermore’s not alone. In fact, giant windfalls from financial crisis and economic collapse have been attained by a small minority of people in subsequent periods of turmoil.
During the Black Monday crash of 1987, for instance, Paul Tudor Jones executed this strategy to perfection.
As the Dow Jones Industrial Average crashed 22 percent, in the largest single-day U.S. stock market decline (by percentage) ever, Jones tripled his money — a return of 200% — making as much as $100 million in a single day.
But not everyone was ruined in the Black Monday crash of 1987. Nassim Taleb used this strategy to haul in tens of millions of dollars in profits that day as well.
Similarly, leading up to and during the 2008 Financial Crisis, while much of the public and many of the big banks watched in horror as their retirement accounts and balance sheets were vaporized in just a few brutal months, John Paulson implemented this strategy and made a massive $20 billion fortune.
Indeed, these guys are professional investors. But that doesn’t mean you can’t use this same strategy to make your own personal fortune, albeit on a smaller scale.
It’s called Economic Collapse Investing and it shows you several simple – yet strategic – moves you can make to secure lasting wealth from the final financial blowout.
To be frank, this manual was difficult to write. But I had to do it. Because I fear the… Read more…