During the start of the year I was thinking how somebody could bet against certain stocks (in my case mainly Tesla) without using derivatives.
After I had success betting on the oil price with a highly correlated investment fond, I came to the conclusion that negative correlations could be used to bet against the price of other assets. Unfortunately, it is not easy to find correlations between assets if you don't know which assets to compare in the first place.
So I created a website where you can search for correlations of certain assets. Knowing you guys think a lot about investing, I thought I share it with you: Bet Against
What do you think about the idea of using correlations to be against assets?
After I had success betting on the oil price with a highly correlated investment fond, I came to the conclusion that negative correlations could be used to bet against the price of other assets. Unfortunately, it is not easy to find correlations between assets if you don't know which assets to compare in the first place.
So I created a website where you can search for correlations of certain assets. Knowing you guys think a lot about investing, I thought I share it with you: Bet Against
What do you think about the idea of using correlations to be against assets?
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