Hey Hendry, how would you like if I bet that your house is going to be on fire in the next year? Do you think that would increase the risk of your lovely house to go up in flames? That would be a shame, hey?!?
You've made a valid point. CDS is a flawed insurance product as it increases your desire to destroy the very thing somebody else wishes to protect. The same argument could be made to a degree regarding short-selling. However to be fair Mr Hendry has been critical on short-selling. See the video "Hugh Hendry - on deflation and short-selling" elsewhere on this channel. (I'll update that video in a minute).
Could you please try to cut down on the language. Thanks.
Whereas the government can take everything you own, there may be a handful of private entrepreneurs who can play the same game in reverse. These are the people who are the true outperformers. That's not to say they can consistently do it year after year. But they do deserve recognition.
This guy has a great perspective!
zentonil 3 months ago
Hey Hendry, how would you like if I bet that your house is going to be on fire in the next year? Do you think that would increase the risk of your lovely house to go up in flames? That would be a shame, hey?!?
theH0UNDSofD00M 4 months ago
@theH0UNDSofD00M
You've made a valid point. CDS is a flawed insurance product as it increases your desire to destroy the very thing somebody else wishes to protect. The same argument could be made to a degree regarding short-selling. However to be fair Mr Hendry has been critical on short-selling. See the video "Hugh Hendry - on deflation and short-selling" elsewhere on this channel. (I'll update that video in a minute).
Could you please try to cut down on the language. Thanks.
MrNChoudhury 4 months ago
@theH0UNDSofD00M - That depends on whether you are an arsonist as well as a better.
ytartapo 4 months ago
Hugh should have told this moronic self-righteous idiot that ALL business is risk-taking. There is no economy without it.
Looks like Europe has become completely unhinged from even basic realities.
rayomans 5 months ago
Whereas the government can take everything you own, there may be a handful of private entrepreneurs who can play the same game in reverse. These are the people who are the true outperformers. That's not to say they can consistently do it year after year. But they do deserve recognition.
MrNChoudhury 6 months ago
Hendry is god, awesome intellect
optionsupdate 6 months ago
@optionsupdate AHAHAHAHAHA , what a wanker! Would you like to suck is cock??? fuckin hell, you don't have any self respect, do you lad?
theH0UNDSofD00M 4 months ago
@theH0UNDSofD00M I think the chap is a brilliant market analyst, followed him for about 11 years
optionsupdate 4 months ago