Monday, August 23, 2010

Preparing for the Next 'Black Swan'

by Jane J. Kim from The Wall Street Journal.
...not every investor is trembling with anxiety over the next financial blowup. Some are embracing the market's volatility—and constructing portfolios to profit from it.
At the Wall Street casino you can bet on economic disaster--you know, the kind that destroys communities, families, creates homelessness, alcoholism, suicides, etc.--and get rich! Ain't capitalism wonderful?