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the simple math says many are in trouble ( SOON ) , the complex math tries to guess how deep is the trouble and can we make a career of persistently guessing wrongly . now the savvy investor is looking for that profitable angle . currently court cases seem to drag on and on , so i will be ignoring the law firms , companies buying distressed debt might have a bright future ( i hold CCP already up more than 300% for me ), as might companies that run auctions ( on autos, boats , distressed property , etc ) and don't neglect those banks/home lenders as the carnage unfolds ( assuming they aren't forced to 'bail-in ' , which is now possible )
the simple math says many are in trouble ( SOON ) , the complex math tries to guess how deep is the trouble and can we make a career of persistently guessing wrongly .
now the savvy investor is looking for that profitable angle . currently court cases seem to drag on and on , so i will be ignoring the law firms , companies buying distressed debt might have a bright future ( i hold CCP already up more than 300% for me ), as might companies that run auctions ( on autos, boats , distressed property , etc ) and don't neglect those banks/home lenders as the carnage unfolds ( assuming they aren't forced to 'bail-in ' , which is now possible )
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